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Corporate

Aug. 5, 2020

California aims to lead the way again in diversity on boards

In 2018, California took the bold step to require a minimum number of women directors on the boards of California-based public companies. Now the Legislature is considering whether also to require those companies to have a minimum number of directors from underrepresented communities.

Teresa L. Johnson

Partner
Arnold & Porter Kaye Scholer LLP

Email: teresa.johnson@arnoldporter.com

Teresa is co-head of the firm's Capital Markets Transactions practice. Her practice includes advising corporations on corporate governance, securities and finance matters.

Amy V. Endicott

Senior Associate
Arnold & Porter Kaye Scholer LLP

Email: amy.endicott@arnoldporter.com

Amy represents clients in complex commercial litigation and international disputes.

In 2018, California took the bold step to require a minimum number of women directors on the boards of California-based public companies. Now the Legislature is considering whether also to require those companies to have a minimum number of directors from underrepresented communities, defined as African-American, Latino, Asian, Pacific Islander, Native American, Native Hawaiian, or Alaska Native. Assembly Bill 979, introduced by Chris Holden, Cristina Garcia, and Eloi...

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