Hello, Broadsheet readers! Amy Coney Barrett’s confirmation hearings continue, a senator shares her story on abortion, and the Fortune MPW Next Gen summit receives a sneak peek from Jennifer Siebel Newsom of California. Have a great Tuesday.
– Council report. the Fortune The MPW Next Gen Summit kicks off this afternoon and today’s lineup will include a conversation with California premiere partner Jennifer Siebel Newsom.
Before his session, Siebel Newsom shared with Fortune some stats from the organization she co-founded, California Partners Project. The group looked at 2018 state legislation requiring gender diversity on corporate boards and found that since the law came into effect, 669 seats on corporate boards. public enterprises were occupied by women. In 2018, nearly 30% of public company boards in California were made up entirely of men; now that figure has fallen to less than 3%.
The numbers show the effectiveness of California’s mandate, Siebel Newsom says. “May I call him BS?” she asked Fortuneby Michal Lev-Ram about those old concerns that quotas would lead to the nomination of unprepared women to council seats. “The women are talented, the women are ready and there are so many women who could add value to any board – public, private or non-profit. It’s just an “old boys club” story.
Michal will also meet with the first partner on stage today, where the duo will have the opportunity to delve deeper into the issue – and anticipate the effects that recently enacted state racial diversity legislation has on. boards could have it all down the line.
You can see the schedule for details on the Siebel Newsom session – and the rest of today’s lineup –here.