A NEW STATE LAW PROMOTES DIVERSITY ON CORPORATE BOARDS IN ILLINOIS.
THE LAW REQUIRES ALL PUBLICLY-TRADED COMPANIES HEADQUARTERED IN ILLINOIS TO SUBMIT AN ANNUAL REPORT ON HOW MANY FEMALES AND MINORITIES ARE ON THEIR BOARD. THIS WILL BENEFIT COMPANIES SAYS GOVERNOR J-B PRITZKER.
REPRESENTATIVE CHRIS WELCH OF HILLSIDE SAYS THE UNIVERSITY OF ILLINOIS WILL THEN ANALYZE THE DATA AND ISSUE REPORTS AND A RATING SYSTEM FOR BUSINESSES ABOUT CORPORATE BOARD DIVERSITY.
THE FIRST REPORT FROM THE U OF I IS EXPECTED IN 2021.