Publicly traded companies headquartered in California and foreign corporations with principal executive offices located in the state must appoint at least one director from an underrepresented community by Dec. 31, 2021, under measures in Assembly Bill 979 signed by the governor on Sept. 30, 2020. California already requires public companies to appoint at least one female board member — representation will increase to a minimum of two female board members by the end of 2021, depending on the size of the board.
Africa
