WebApr 19, 2024 · For the most part, the board-diversity measures have been modeled after similar rules in Europe — most notably Norway, where a 2005 law has successfully nudged the country’s publicly traded ... WebApr 4, 2024 · A judge struck down a California law that requires public companies based in the state to have at least one board director from underrepresented groups, a setback to …

A groundbreaking California law to address workplace diversity …

In a move that continues California’s push for increased diversity on corporate boards, Governor Gavin Newsom on September 30, 2024 signed into law a bill that requires publicly held companies headquartered in the state to include board members from underrepresented communities. The action follows … See more AB 979 requires that by the end of 2024 California-headquartered public companies have at least one director on their boards who is from an underrepresented community, defined as “an individual who … See more The law contains a number of open questions, gaps and ambiguities. These include: 1. Are directors of Middle Eastern descent included in the meaning of “director from an underrepresented community”? 1.1. … See more Companies that fail to comply will be fined $100,000 for the first violation and $300,000 for each additional violation. Each required … See more Some legislators and commentators have noted that the bill has potentially fatal issues. We expect AB 979 to be challenged on various constitutional and other grounds. In … See more WebIn 2024, Women on Boards (SB 826) was signed into law to advance equitable gender representation on California corporate boards. California led the way as the first state in the nation to require all publicly held domestic or foreign corporations whose principal executive offices are located in California to have at least one female director on their … elearning cgu

Vikita Poindexter, SPHR-CA, SHRM-CP, SHRM-SCP - LinkedIn

WebMay 18, 2024 · In 2024, California followed up its board gender diversity initiative with the passage of AB 979, which mandated board representation of underrepresented communities, as further discussed in our prior alert. The law defined "underrepresented communities" as certain racial, ethnic, or LGBT (lesbian, gay, bisexual, or transgender) … WebKristin graduated from UCLA, where she earned her B.A. in Political Science, with an International Relations concentration, largely focused on Middle East/North Africa (MENA) regional politics. In ... WebOct 1, 2024 · - California law mandates diversity in corporate boardrooms. Photo Courtesy: PeopleImages/iStock. By CATHERINE THORBECKE, ABC News (SACRAMENTO, Calif.) — California’s governor signed a bill into law on Wednesday that requires publicly traded companies headquartered in the state to have at least one … e learning cgp