WHER Chat: Women Hold One in Five Corporate Board Seats in America’s Top Companies

Blog_boardroom

The Wall Street Journal reports that women now hold one out of every five seats on the corporate boards of America’s 3,000 largest publicly-traded companies. This increase of women’s representation on corporate boards increased from 15 percent in 2016 to 20 percent this year, according to data from Equilar. 

Continue reading

Governor Brown Passes SB 826 Bill Requiring Women on Corporate Boards

WomenOnBoards_NAWRB

California Governor Jerry Brown signed the SB 826 “Women on Corporate Boards” bill this past weekend, a landmark legislation requiring female representation on corporate boards. Specifically, SB 826 requires that at least one woman be on the board of publicly held companies in California by year end 2019. Despite concerns over its potential efficacy, the bill is an important step in diversity and inclusion, as well as for the advancement of women.

Continue reading

NAWRB Writes Supporting Letter for California Bill SB 826

Blog_boardroom

June 21, 2018

The Hon. Monique Limon
Chair, Banking and Finance Committee
California State Assembly
State Capitol, Sacramento, CA

Dear Hon. Monique Limon,

This letter expresses the support of Women in the Housing & Real Estate Ecosystem (NAWRB) for the passing of SB 826, “Women on Corporate Boards.” Having diverse members on corporate boards is not only an ethical decision—it’s good for business. Credit Suisse research demonstrated that companies are more profitable and more productive when they have at least three women directors on their boards, especially in return on equity and stock performance.

Continue reading