California Says Goodbye to the All-Male Board of Directors

The good old days.

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Sometimes the best way to get social change is to tell people they just have to do it:

California last year embarked on a unique social and political experiment in the U.S. What would happen if the government required corporate boards to include female directors? The answer: Companies would add them in droves. Ninety-three California-based members of the Russell 3000—an index which includes most public companies on major U.S. stock exchanges—had all-male boards when the law was signed on Sept. 30, 2018, according to Equilar, a corporate governance-data firm. As of this Nov. 22, the most-recent date for which comprehensive data are available, that number had dropped to 17. A few companies have since said that they have added female board members as the year-end deadline for compliance nears.

In the year 2019 it should not be a huge inconvenience to find at least one woman who can sit on your board. Just do it, for God’s sake.

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Our news will always be free to read, watch, and listen to online. But what is its value?

Unbiased reporting on the issues that billionaire-owned newsrooms won’t touch. Fearless research into the dark corners of government and corporations. Ferociously fact-checked news that focuses on the facts, and the facts alone.

It IS free for you and every reader, viewer, and listener to utilize. But it’s not free for our team to make. So, what’s it worth to you? Let us know by making a donation: Make a one-time donation today to support this work. Or make a monthly sustaining donation to help us plan for the future.

Whatever you choose, know that you’re supporting more independent, investigative journalism in a time when we need it most.

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