Corporate
Jan. 6, 2021
AB 979: California requires more diversity on boards
Echoes of this summer's protests calling out institutional racism and discrimination are now reverberating in C-suites across California thanks to a new law requiring more diversity on the boards of publicly held domestic and foreign corporations that are headquartered in the Golden State.
Dario J. Frommer
Partner
Mayer Brown LLP
public policy, regulatory and government affairs
UC Davis SOL King Hall; Davis CA
Dario provides strategic political advice to many of California's most prominent companies and government agencies. Dario is the former majority leader of the California State Assembly and a member of the Latino Legislative Caucus. He has held a variety of high-level, state-government positions. He also chaired the Assembly's Health Committee, and served as chair of the California Transportation Commission, helping to oversee billions of dollars in funding for highway, road and transit projects. He was the appointments secretary to Gov. Gray Davis and was Mayor Eric Garcetti's appointee to the Oversight Board for the dissolution of the Los Angeles Redevelopment Agency.
Echoes of this summer's protests calling out institutional racism and discrimination are now reverberating in C-suites across California thanks to a new law requiring more diversity on the boards of publicly held domestic and foreign corporations that are headquartered in the Golden State.
Assembly Bill 979 requires that, by the end of 2021, every publicly held domestic or foreign corporation with principal executive offices locate...
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