California state Sen. Hannah-Beth Jackson (D-Santa Barbara) and Senate President Pro Tem Toni Atkins (D-San Diego) introduced a bill (SB 826) that would require any California-based corporation that sell stock on a major U.S. exchange to have at least one woman on its board of directors by the end of next year.
The proposal wants to address the issue of the dearth of female representation on corporate boards. But critics question the constitutionality of such a proposal, among other things. Call us at 866-893-5722 and weigh in.
Betsy Berkhemer-Credaire, former president of the National Association of Women Business Owners; she wrote a book on this topic called “The Board Game: How Smart Women Become Corporate Directors” (Angel City Press, 2013)