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165 All-Male Boards Face Deadline to Diversify

New California law sets gender diversity requirements for companies, and corporate boards, of all sizes.

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Some 165 California-based publicly traded companies without any female directors will have to find one or more by the end of 2019 under a bill signed by Governor Jerry Brown.

The push to get more women in the boardroom doesn’t stop there. The law requires a company with five directors to have at least two female members by 2021. If a board has six or more directors, three will have to be women—a threshold many of the state’s giants, including Facebook Inc. and Tesla Inc., don’t currently meet.

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