Women on Boards: New Law Could Shape the Makeup of CRE Boardrooms
October 24, 2018
"Women on Boards: New Law Could Shape the Makeup of CRE Boardrooms"
Holly Sutton, employment law partner at Farella, commented in the article on the impact of California SB 826 on the commercial real estate market.
SB 826 requires every publicly traded company with headquarters in California to have at least one woman on its board of directors by December 31, 2019. By end of 2021, boards with five members are required to have at least two female members, and boards with six or more members will need three women.