BY ROY ALBERT ANDRADE, K1LLER, Inc.
SACRAMENTO, CALIFORNIA - Governor Jerry Brown signed a bill over the weekend that requires at least one female director on each board of California-based corporations by the end of 2019. Brown’s actions come as the #MeToo movement against sexual misconduct claimed one of Hollywood's top movie moguls, Harvey Weinstein, and one of the television industry's most powerful executives, Leslie Moonves, this year. The California Chamber of Commerce argues that corporate boards should be determined internally, not required by the Government of California. Companies can be fined $100,000 for a first violation and $300,000 for subsequent violations.
“I don’t minimize the potential flaws that indeed may prove fatal to its ultimate implementation,” Brown wrote in a signing statement. “Nevertheless, recent events in Washington, D.C. — and beyond — make it crystal clear that many are not getting the message.”
Shawn W. Anderson