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Corporate

Dec. 8, 2020

Institutional investors’ role in diversifying boardrooms

In the past three years, California has made headlines for requiring the boards of publicly traded companies headquartered in the state to meet diversity quotas.

Teresa L. Johnson

Partner
Arnold & Porter Kaye Scholer LLP

Email: teresa.johnson@arnoldporter.com

Teresa is co-head of the firm's Capital Markets Transactions practice. Her practice includes advising corporations on corporate governance, securities and finance matters.

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Amy V. Endicott

Senior Associate
Arnold & Porter Kaye Scholer LLP

Email: amy.endicott@arnoldporter.com

Amy represents clients in complex commercial litigation and international disputes.

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In the past three years, California has made headlines for requiring the boards of publicly traded companies headquartered in the state to meet diversity quotas. In 2018, the Legislature passed a law obligating these companies to have a minimum number of female directors on their boards. This fall it passed a similar bill requiring the inclusion of directors from “underrepresented communities” (including people of color and those identifying as LGBT). These diversity ...

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