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California could become first state to require women in boardrooms

August 27, 2018 /

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The MDT Disadvantaged Business Enterprise (DBE) Program encourages and supports the participation of companies owned and controlled by socially and economically disadvantaged individuals in transportation contracts.

A controversial bill requiring that publicly traded California companies include women on their boards of directors heads to the Assembly floor this week.

SB826, which is opposed by many business groups, would make California the first state with such a mandate.

State Sen. Hannah-Beth Jackson, D-Santa Barbara, the bill’s author, said it’s important for businesses to have a perspective from women — and time to "blow that glass ceiling up."

By Rebecca Aydin

https://www.sfgate.com/business/article/California-could-become-first-state-to-require-13183831.php?t=9b07df880d

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