Public Companies in California Will Need At least One Female Director

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With the introduction of the SB 826 regulation in California, all public companies, including headquarters in California and foreign corporations that are listed on the market, must have at least one female director at their board of directors by 31 December 2019. At the same time, by December 31, 2021, the number of female directors should be increased from two or more in the case of five members and three or more in the case of members with six or more board members.

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