California became the first state to require companies based within its borders to put female directors on their boards, adding to pressure on boardrooms across the country to give more women a seat at the table. California Gov. Jerry Brown signed on Sunday a landmark bill mandating that all publicly traded companies with headquarters in the state have at least one woman on their boards by the end of next year. By 2021, companies with at least five directors would need to have two or three female directors, depending on the...

Source: Wall Street Journal September 30, 2018 21:11 UTC