Proposed California Legislation Requires Public Company Boards to Include Directors from Underrepresented Communities

    View Author July 2020

    California lawmakers have proposed legislation (AB 979), which, if enacted, would mandate that public companies whose principal executive offices are located in California appoint at least one director from an underrepresented community by the end of calendar year 2021. AB 979 currently defines “underrepresented communities” as African American, Hispanic or Native American, but the definition could expand during the legislative process. This publication provides an overview of key requirements and timing under AB 979.