Y'all are a bunch of wankers!

California upholds sacred gender diversity rights!

All publicly held companies chartered in California will now have to have 50% of board members who are genetically female, OR, who identify as female in some way.

https://www.breitbart.com/california/2018/08/10/california-legislature-wants-gender-diversity-on-every-corporate-board/

Unclear if you are fucked if you are o woman who identifies as a man. Presumably since you're genetically female you count as diverse.

Since I identify as female for the purposes of this law, it's not a problem for me personally...
Permalink RC 
August 10th, 2018 5:33pm
(cue 100% male boards of guys wearing english powdered wigs saying they comply with the law)
Permalink RC 
August 10th, 2018 5:34pm
"California corporate boards with five or fewer directors must have a quota of at least two self-identifying females. Corporations with six or more board members must have at three least self-identifying females."
Permalink RC 
August 10th, 2018 5:35pm
Let's break this down.

"five or fewer directors must have a quota of at least two self-identifying females"

One director:    both must be female
Two directors:  both must be female
Three directors: 2/3 must be female
Four directors:  2/4 must be female
Five directors:  2/5 must be female
Permalink RC 
August 10th, 2018 5:36pm
Fines are: "triple the annual average compensation of the directors".
Permalink RC 
August 10th, 2018 5:37pm
Commiefornia strikes again.
Permalink Ruseman 
August 10th, 2018 5:57pm
I think it only applies to companies with a HQ in California or incorporated in California.  So they're all going to be incorporated in Delaware or have a 2 person "HQ" in another state.
Permalink Send private email FSK 
August 11th, 2018 1:13pm