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PODCAST. From KPDO’s Coastside Conversation with Catherine Peery.
Per AB 826, by the end of 2021, all publicly traded companies in California are required to have 3 women on their Boards of Directors.
“In 2018, Women on Boards (Senate Bill 826) was signed into law to advance equitable gender representation on California corporate boards. California is now leading the way as the first state in the nation to require all publicly held domestic or foreign corporations whose principal executive offices are located in California to have at least one female director on their boards by December 31, 2019, either by filling an open seat or by adding a seat. One or two more female directors would be required, depending upon the size of the publicly held corporation by December 31, 2021.”
~ From the State of California Secretary of State
“Women on Boards is an important step in diversity and inclusion, as well as for the advancement of women. When Women on Boards passed in 2018, one-fourth of California’s publicly held corporations had no women directors on their boards. The Secretary of State’s office is tasked to review and issue reports regarding the corporations’ compliance with the bill’s provisions.
The size of most boards is 9-12. As of this moment only 27.7% of the companies affected by this law have complied.
How do you apply?
How do you get ready?
Is there a resource for that?
Go to 5050WOB.com (50-50 Women on Boards) and sign up for a virtual workshop that’s held every other week, 2 hours on Monday, 2 hours, Wednesday, 2 hours Friday.
Unlike nonprofit boards, you get paid to do this. You can also get the book, Winning the Board Game that describes the journey of 103 women who are now sitting on a Board.
I just did an interview with the person spearheading this, Betsy Berkhemer-Cordaire. Here’s a link to the interview.
People who have served on nonprofit boards are good candidates, and people of color are especially wanted and needed. Aside from the law, the incentive is the proven statistics that companies with women on their boards are more productive and profitable.”
~ Catherine Peery, KPDO’s Coastside Conversations
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About KPDO Radio and Website
We are a community radio station serving Pescadero, CA and the South Coast. We are a 501c3 non-commercial, and listener-sponsored station. The station provides access to local DJ hosted shows ranging from public affairs, news, music programming, and emergency service announcements, both locally and nationally sourced. KPDO also has volunteers in the local school district to provide medial learning opportunities to local students.
Pescadero Public Radio Service (PPRS) has developed community support and good relationships with the La Honda Pescadero Unified School District, local nonprofits, and community leaders. Our most important purposes are:
– Youth Broadcast Journalism at Pescadero Schools
– Emergency Communications for Pescadero and the Southcoast
– Locally run and operated Community News and Entertainment
In order to meet our goals we have developed Youth Broadcast Journalism classes, developed procedures and protocols for the radio station in the event of emergency, recruited DJ’s and trained them to provide local news and entertainment, and have met all FCC requirements and received approvals for the legal operation of the Station, including approval of the Radio Frequency, the antenna site (currently approved on Reservoir Road), and the power, 100 watt.
The male:female ratio in the US population is 97:100; females are just over 50.5% and males just under 49.5%. Of people old enough to vote the ratio is over 51% female, under 49% male. So, three women per Board (25-33% average) is pretty paltry.
Equally or more important: at the national level, Congress is only 27% women, 24% in the Senate, 27% in the House. Given the actual population numbers, how about trying to achieve 51% women in both houses? Many countries have laws and systems guaranteeing more equity in government representation and power. Highest female representation is in Rwanda and Cuba at 53%, the only countries over half; the United Arab Emirates (UAE), an Islamic and obviously Arab nation, is at 50%, Mexico is 48%; New Zealand, South Africa, and Sweden 47%; Finland, Costa Rica, and Bolivia 46%, and so on down to 0% in Haiti and several Pacific Island nations. Having women at least 1/3 of governmental representation I think would make a big and positive difference.