Data: Equilar, KPMG via California Partners Project; Chart: Andrew Witherspoon/Axios
A first-in-the-nation California law helped set off a boardroom boom for women executives.
Driving the news: 26% of board seats there are now held by women — twice as many as before the law passed, according to a new report.
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But new appointments in the past year were overwhelming white women (63%), while "Latinas gained the smallest amount (4.5%) compared to their state population."
What's next: Companies with five-person boards must have at least two women by the end of this year. Boards of six or more need three.
At least 563 more seats need to be filled with women by yearend, the report finds.
Another law requires that California public companies have at least one member from an underrepresented community by Dec. 31.
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