Hawaii Tries New Twist on US Board Gender Quotas: Must Have Men

After a California judge struck down a state law requiring women on boards, Hawaii is trying a different tack: Set a quota for male directors, too.

Under the measure proposed last month, every Hawaii-based company would need at least one female or non-binary director and one male or non-binary director on its board by the end of this year. By late 2025, the mandate would expand to three women or non-binary members and three men or non-binary members.

Companies could be fined as much as $5,000 annually for violating the law and $500 for failing to report information on board diversity. ...