Betsy's latest Tip for Women Corporate Board Seekers...
California public companies are looking for qualified women board members thanks to SB 826. No matter where you reside in the U.S., if you personally know any corporate board members and CEOs of public companies in California (i.e., also ask your own company board members, your nonprofit board members, and business contacts if they know directors and CEOs in CA), send a letter with your resume to them now — to help them meet the new California law requirements.
Check out each company’s website first. California law requires at least three women board members before year-end 2021. Ask them to please think of you as an A-list candidate because of your specific depth of experience that’s value-added for their board, and that you would bring your wide network of business contacts to benefit that corporation. Also ask them to recommend you when their friends call them looking for qualified women candidates for their boards. A total of 1,060 seats for women will be added to California’s public company boards by year-end 2021. That's why board members are doing succession planning for those seats now.
Think of it this way — You are informing them that you have time to take on one corporate board in addition to your current position, and you are looking for the right corporate board for you. This has a double benefit — it’s a great way for you to refresh your connections with your network, as well as find a corporate board seat.
Should your company choose to engage a professional search for women directors, please call us.