• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia

Trendingnow

1

'The demographic dividend of the last 40 years is ending': J.P. Morgan says the world is running out of the two things that kept interest rates down

2

Jensen Huang made his $172 billion fortune on AI chips. His family's $75 million gift to Vanderbilt argues art decides what technology is for

3

The millennial generation is split in 2: an older crowd with boomer-style comfort, a younger set going 'back to the early 1900s'

1

'The demographic dividend of the last 40 years is ending': J.P. Morgan says the world is running out of the two things that kept interest rates down

2

Jensen Huang made his $172 billion fortune on AI chips. His family's $75 million gift to Vanderbilt argues art decides what technology is for

3

The millennial generation is split in 2: an older crowd with boomer-style comfort, a younger set going 'back to the early 1900s'
MPWBroadsheet

Illinois Almost Follows in California’s Board Footsteps: The Broadsheet

Emma Hinchliffe
By
Emma Hinchliffe
Emma Hinchliffe
Most Powerful Women Editor
Down Arrow Button Icon
Emma Hinchliffe
By
Emma Hinchliffe
Emma Hinchliffe
Most Powerful Women Editor
Down Arrow Button Icon
June 7, 2019, 8:26 AM ET
Add Fortune on Google for similar content.

Good morning, Broadsheet readers! Emma Hinchliffe here to close out the week. Mette Frederiksen is Denmark’s youngest-ever prime minister, mammograms go glam, and Illinois came close to following in California’s footsteps on board diversity. Have a wonderful weekend.

EVERYONE'S TALKING

• Almost making board history.  Last week, Illinois seemed set to follow in California's footsteps with legislation requiring companies based in the state to meet diversity benchmarks for their boards of directors.

But then things took a turn.

The bill was, as Rev. Jesse Jackson put it to the Chicago Tribune, "gutted" during the final days of Illinois's spring legislative session.

Originally meant to build on the California legislation, the Illinois bill would have required at least one woman, one African-American and one person of Hispanic descent on the boards of all publicly traded companies headquartered in the state. That list includes McDonald's, the Walgreens Boots Alliance, Ulta Beauty, and more.

Instead, the legislation that passed the state Senate only requires companies to disclose the demographics of their boards and executives and makes plans for an annual report card on companies' diversity, to be graded by the University of Illinois.

According to Rep. Emanuel "Chris" Welch, who introduced the bill, the pivot came after Illinois Governor J. B. Pritzker raised concerns. Among them: The legislation was boundary pushing and therefore controversial.

"That came up over and over," Welch told me. "The governor seemed convinced that one of our rightwing opponents would get someone to go into court and test the new law. When we put something out there, we want to put something out there we don't believe can be challenged."

Nevertheless, Welch says he's satisfied with the compromise. "We're all happy. We believe it was a big victory," he says.

But Welch's original legislation—meant to address the disconnect between the representation in corporate leadership and the Illinois consumers providing these companies with their revenue—would have led on this issue nationwide. Not everyone likes California's quota, but Illinois came close to moving those benchmarks beyond gender into a more holistic view of board diversity.

The diversity disclosure bill is headed to the governor's desk. McDonald's, get your report cards ready.

Emma Hinchliffe
@_emmahinchliffe
emma.hinchliffe@fortune.com

ALSO IN THE HEADLINES

• 23andThree. In a new profile, Anne Wojcicki shares more about 23andMe's grand ambitions: a "biotech machine" that will use its DNA database to both determine genetic predisposition to disease and create drugs to treat those diseases. (She also discusses her third pregnancy, this time as a single parent. "I really wanted a third child. So like, guess what? I executed," she says.) Forbes

• Hashtag activism. The rape case against JD.com billionaire Richard Liu involved an edited video of a woman showing him up to her apartment—presented as proof that he was invited for sex. The video has inspired the hashtag #NoPerfectVictim in China. It's taken off even as #MeToo was banned by the government. New York Times

• Young Frederiksen. After the Social Democrats won elections in Denmark, Mette Frederiksen, 41, will be the country's youngest-ever prime minister. "Together we have created a hope that we can change Denmark," she says. BBC

• Mammoglam. How to get women to come in for oft-dreaded mammograms? Try massages, sound baths, and spa-style robes. It's the "mammoglam," available at boutique medical clinics. New York Times

MOVERS AND SHAKERS: Sharon White stepped down as chief executive of British media regulator Ofcom to serve as chairman of the retail giant John Lewis. Kickstarter's Deepa Subramaniam joins the ACLU as its first chief product and digital officer. Alexandra Shapiro joins LendingClub as CMO. BuzzFeed News head of programming Cindy Vanegas-Gesuale will add oversight of BuzzFeed Studios to her role as the company rethinks its Hollywood strategy.

IN CASE YOU MISSED IT

• Women for Warren. Sen. Elizabeth Warren's surge in the polls this month is causing some women to dream—maybe a female candidate could win the presidency after all, despite the heartbreak many felt in 2016. Slate

• Policy proposal. Rep. Rashida Tlaib introduced a new proposal that is the closest plan in Congress to a universal basic income. The plan would offer $3,000 to $6,000 to individuals and families at low income levels—including those with no income, a point of contention among some lawmakers. (It's not a true UBI, which provides cash to everyone regardless of income level.) Washington Post

• Sky's the limit. The 2020 Tokyo Olympics are counting on Sky Brown to save the event from declining interest about young viewers. The 10-year-old skateboarder draws millions of views online, and will be one of the first to compete in the new Olympic sport. Bloomberg

Share today's Broadsheet with a friend. Looking for previous Broadsheets? Click here.

ON MY RADAR

Barack and Michelle Obama’s podcast company signs exclusive deal with Spotify  Fast Company

Pregnancy pushes the body nearly as much as extreme endurance sports  Quartz

Shannon Watts’s work diary: The demanding job of running Moms Demand Action New York Times

QUOTE

You can’t even get a bicycle down it; you have to get off the bike and lift it over things.
Emma Thompson on the 'rutted' track' women face on their path to the top, compared to men's clear motorway to power
About the Author
Emma Hinchliffe
By Emma HinchliffeMost Powerful Women Editor
LinkedIn iconTwitter icon

Emma Hinchliffe is Fortune’s Most Powerful Women editor, overseeing editorial for the longstanding franchise. As a senior writer at Fortune, Emma has covered women in business and gender-lens news across business, politics, and culture. She is the lead author of the Most Powerful Women Daily newsletter (formerly the Broadsheet), Fortune’s daily missive for and about the women leading the business world.

See full bioRight Arrow Button Icon
Add Fortune on Google for similar content.

Latest in MPW

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • World's Most Admired Companies
  • See All Rankings
  • Lists Calendar
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • TikTok icon
  • YouTube icon

Latest in MPW

A supporter holds a sign for Democratic candidate for Texas governor Gina Hinojosa while she speaks during a rally.
PoliticsData centers
‘There are no rules. It is the wild west of data centers’: Texas Democratic candidates pounce on AI data center projects in Republican strongholds
By The Associated Press and Marc LevyJuly 24, 2026
23 hours ago
Inside Flavor Flav’s unlikely effort to help female Olympians build their brands and careers
NewslettersMPW Daily
Inside Flavor Flav’s unlikely effort to help female Olympians build their brands and careers
By Ellie AustinJuly 22, 2026
3 days ago
Anthea Hartig, Director of the National Museum of American History, looks to her left at a House Committee.
PoliticsWhite House
Smithsonian director denies ‘woke’ label from Trump while defending exhibit on teen’s gender-identity diary
By Steven Sloan and The Associated PressJuly 21, 2026
4 days ago
Cleveland’s WNBA team doesn’t play until 2028 but Progressive just scored jersey sponsorship
SuccessSports
Cleveland’s WNBA team doesn’t play until 2028 but Progressive just scored jersey sponsorship
By Joe Reedy and The Associated PressJuly 21, 2026
4 days ago
jd
PoliticsWhite House
JD Vance becomes first sitting vice president to welcome a child in office in over 150 years
By Darlene Superville and The Associated PressJuly 20, 2026
5 days ago
Backed by Daymond John and Post Malone, this Afghan-born founder built a $150M brand. Her real mission: the women back home
Successfemale founders
Backed by Daymond John and Post Malone, this Afghan-born founder built a $150M brand. Her real mission: the women back home
By Sydney LakeJuly 20, 2026
6 days ago

Most Popular

'The demographic dividend of the last 40 years is ending': J.P. Morgan says the world is running out of the two things that kept interest rates down
Economy
'The demographic dividend of the last 40 years is ending': J.P. Morgan says the world is running out of the two things that kept interest rates down
By Eleanor PringleJuly 24, 2026
2 days ago
Jensen Huang made his $172 billion fortune on AI chips. His family's $75 million gift to Vanderbilt argues art decides what technology is for
Big Tech
Jensen Huang made his $172 billion fortune on AI chips. His family's $75 million gift to Vanderbilt argues art decides what technology is for
By Sydney LakeJuly 23, 2026
3 days ago
The millennial generation is split in 2: an older crowd with boomer-style comfort, a younger set going 'back to the early 1900s'
Real Estate
The millennial generation is split in 2: an older crowd with boomer-style comfort, a younger set going 'back to the early 1900s'
By Nick LichtenbergJuly 25, 2026
8 hours ago
The $39 trillion U.S. national debt isn’t as high as Japan’s and Singapore’s relative to economy size—and yet it's still worse somehow
Economy
The $39 trillion U.S. national debt isn’t as high as Japan’s and Singapore’s relative to economy size—and yet it's still worse somehow
By Sasha RogelbergJuly 23, 2026
2 days ago
An 11-year-old is cleaning his neighbors' trash cans for $10 each—he now has 100K followers as teens face the worst summer job market since 1948
Success
An 11-year-old is cleaning his neighbors' trash cans for $10 each—he now has 100K followers as teens face the worst summer job market since 1948
By Orianna Rosa RoyleJuly 25, 2026
10 hours ago
Current price of oil as of July 24, 2026
Personal Finance
Current price of oil as of July 24, 2026
By Joseph HostetlerJuly 24, 2026
1 day ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.