OH HR344

Resolution urges equitable and diverse gender representation on corporate boards of directors for Ohio-based companies within the next three years.

Publicly held corporations in Ohio with nine or more board seats should have a minimum of three women directors.

Publicly held corporations in Ohio with five to eight board seats should have a minimum of two women directors.

Publicly held corporations in Ohio with fewer than five board seats should have a minimum of one woman director.

Resolution cites multiple studies demonstrating that companies with women on boards show improved financial performance, governance outcomes, and net income growth compared to all-male boards.