Empowering Communities of Color and Women to Serve on Corporate Boards: A SFAACC Leadership Dialogue Townhall Existing law requires that a publicly held domestic or foreign corporation whose principal executive office is located in California must have: (1) a minimum of one female director on its board by 2019 (AB 826) and (2) a minimum of one director who is from an underrepresented community, defined as “an individual who self‑identifies as Black, African American, Hispanic, Latino, Asian, Pacific Islander, Native American, Native Hawaiian, or Alaska Native, or who self‑identifies as gay, lesbian, bisexual, or transgender” by the end of 2021 (AB 979). Did you know that the Secretary of State is authorized under existing law to impose significant fines for violations of these provisions and to publish various reports on its internet website documenting, among other things, the number of corporations in compliance with these provisions?

Join us in this townhall to find out how you can become a solution to this systemic and structural problem that has and continues to adversely impact communities of color and women as overlooked stakeholders of interest and of influence. We will be joined by experts from Harvard Business School Community Partners, California State Treasurer’s and Secretary of State’s Offices and Corporate Board Recruitment Firm(s) for an informative townhall discussion on Tuesday, May 4, 2021.

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