2 years ago
120
Latinos are the 2nd largest demographic colonisation successful the United States, but they are vastly underrepresented connected firm boards, according to a caller study by the Latino Corporate Directors Association.
"Sixty-five percent of Fortune 1000 companies deficiency Latinos, and Latinos are seeing the slightest maturation of immoderate different group," Esther Aguilera, CEO of LCDA, told CNBC astatine this week's L'Attitude Conference.
It's adjacent worse for women. According to the report, Latinas are person conscionable 1% of committee seats connected Fortune 500 companies
Latinos comprise astir 20% of the U.S. colonisation and were liable for $2.7 trillion successful economical output successful 2020.
We lend 25% of the country's GDP and volition lend 78% of nett caller workers to the workforce during this decade. This has to change," Elizabeth Oliver-Farrow, seat of the Latino Corporate Directors Association, said successful a release.
The Latino Corporate Directors Association, a membership-based enactment of U.S. Latinos astatine the highest level of firm enactment and firm governance, was formed to summation U.S. Latino practice connected firm boards by raising visibility of the Hispanic endowment primed for the boardroom.
"These are highly accomplished individuals, who person led and grown concern connected the firm level internationally and they adhd further worth and penetration into caller markets," Aguilera said.
While corporations inactive person a agelong ways to go, she said, they person seen immoderate caller success.
On Wednesday, Nike announced that Monica Gil, main administrative and selling serviceman of NBCUniversal Telemundo Enterprises, would articulation its board.
"We had American Airlines, Apple and a batch of companies commencement to get it. So the question becomes, 'Hey, these companies are stepping up," Aguilera said. "Where are the rest?"
Disclosure: NBC Universal is the genitor institution of CNBC.
English (US) ·