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Frequently Asked Questions
  Do companies have to replace current board members with diverse board members or can companies bring on diverse board members by expanding their boards in order to comply with Nasdaq's Board Diversity Rule?
Identification Number 1769
Nasdaq’s Board Diversity Rule does not limit board size.  A company has flexibility to meet the diversity objectives in the manner it sees fit, including by adding an additional board seat or by replacing a current director.  
Publication Date*: 8/6/2021 Mailto Link Identification Number: 1769
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