Agenda: Board Gender Quotas Await California Governor’s OK

September 24, 2018

California legislation mandating that the boards of every public company based in the state include at least one woman must be decided by Governor Brown by September 30th. O’Melveny partner Shelly Heyduk, who represents several California-based public companies, expects the law will be approved. However, she believes there is a better way to solve the problem – pressure from institutional investors on the companies to “increase boardroom diversity.”