CA will now require a woman on public company board

Here4money said:
easy fix, make the companies private or re-incorporate elsewhere
More...
I thought about that since most companies are Delaware corporations.
Doesn't matter. From the actual bill:

301.3. (a) No later than the close of the 2019 calendar year, a publicly held domestic or foreign corporation whose principal executive offices, according to the corporation’s SEC 10-K form, are located in California shall have a minimum of one female director on its board. A corporation may increase the number of directors on its board to comply with this section.

https://leginfo.legislature.ca.gov/faces/billTextClient.xhtml?bill_id=201720180SB826
 
vanzandt said:
I thought about that since most companies are Delaware corporations.
Doesn't matter. From the actual bill:

301.3. (a) No later than the close of the 2019 calendar year, a publicly held domestic or foreign corporation whose principal executive offices, according to the corporation’s SEC 10-K form, are located in California shall have a minimum of one female director on its board. A corporation may increase the number of directors on its board to comply with this section.

https://leginfo.legislature.ca.gov/faces/billTextClient.xhtml?bill_id=201720180SB826
More...

Move principal office? Or find a woman worthy to comply....I don't really like shit like this being forced though. You're going to end up inflating the price for worthy candidates and will end up w/uneven wages for same positions across the board(s) by gender. That, or end up w/unqualified people in cabinet positions.

Why aren't feminists concerned w/the number of brick layers being equal across genders?
 
Here4money said:
Move principal office? Or find a woman worthy to comply....I don't really like shit like this being forced though. You're going to end up inflating the price for worthy candidates and will end up w/uneven wages for same positions across the board(s) by gender. That, or end up w/unqualified people in cabinet positions.

Why aren't feminists concerned w/the number of brick layers being equal across genders?
More...
Kind of a slap in the face to women in a way. Now aside from the ones already grandfathered in so to speak, all new ones will never really know if they are there for their own merit or because of Moonbeam's new mandate.
 
vanzandt said:
Kind of a slap in the face to women in a way. Now aside from the ones already grandfathered in so to speak, all new ones will never really know if they are there for their own merit or because of Moonbeam's new mandate.
More...

LOL, how long have you guys been in this field? There is nothing but corruption, cronyism, fratboys and ass-kissing morons, merit is as rare as finding the gspot.
 
You must log in or register to reply here.
Back
Top