NASDAQs New Board Requirements

Does NASDAQs board diversity proposal mirror other proposals? Yes, it mirrors California’s board diversity requirements

What is NASDAQ calling for its listed companies?

• at least one woman
• at least another director who is either a racial minority or lesbian, gay, bisexual, transgender or queer

How do NASDAQ listed company boards currently stack up? 3/4 of its 3,000 companies don’t meet the standard.

Who else is on board for diversity? Institutional investors like  BlackRock Inc.and State Street Global Advisors have also actively pushed for greater board diversity

WSJ | Companies Face New Pressures to Diversify Boards. It’s Sensitive.