California Bill Would Require Diversity on Corporate Boards

California Bill Would Require Diversity on Corporate Boards
A file photo of a boardroom. Christina/Unsplash
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Assembly Bill 979 (AB 979), which would require publicly listed corporations in California to appoint individuals from underrepresented communities to their boards of directors, is sitting on Gov. Gavin Newsom’s desk awaiting his signature to become law.
According to AB 979, introduced by Assembly members Chris Holden (D-Pasadena) and Cristina Garcia (D-Bell Gardens), any company that doesn’t add at least one member from a minority group before 2022 could be hit with a $100,000 fine—and that’s for the first violation. 
Chris Karr
Chris Karr
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Chris Karr is a California-based reporter for the The Epoch Times. He has been writing for 20 years. His articles, features, reviews, interviews, and essays have been published in a variety of online periodicals.
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