2022 has proven to be a year of tremendous growth for LCDA!
LCDA’s 7th Annual Board Leaders Convening, which kicked off October 24th in New York City, was a resounding success. The event was hosted by Morgan Stanley and Presented by KPMG, featuring a Fireside Chat with James P. Gorman, Chairman & CEO, Morgan Stanley. We convened more than 300 influencers, twice the number of the last in-person convening, two years ago. The agenda featured high caliber speakers and insightful panel discussions. Bar none, this was a first-rate networking experience with peers, as well as, search firms, private equity, and corporate partner executives.
We have built the largest, most powerful network of accomplished and respected Latinos at the pinnacle of corporate leadership and corporate governance. LCDA’s network has grown in numbers and influence. Plus, our membership doubled since we last met in person—eliminating the excuse that there is no qualified Latino talent.
As we continue to grow, LCDA is increasing its regional presence. Members asked to meet regionally as a vehicle to get better acquainted and promote one another. In response, we launched and held 12 Member Regional Networks in 2022 alone. These events were held in Los Angeles, CA; Oakland, CA; San Diego, CA; Denver, CO; Washington D.C.; Miami, FL; Tampa, FL; Chicago, IL; New York City, NY; Dallas, TX— and many more are to come. These member-led Regional Networks provide a valuable opportunity to connect LCDA Members and Partners.
Make no mistake, there is ample Latino talent. I am thrilled to continue seeing LCDA membership grow in numbers and board influence.
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Esther Aguilera President and CEO LCDA
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Committed to developing, supporting, and increasing the number of US Hispanics/Latinos on corporate boards, this year, LCDA recognized three out of 58 companies with the distinction of having two or more US Latinos on their boards with the Corporate Visionary Award. |
2022 LCDA Corporate Visionary Awards presented to: - Comerica Incorporated and Comerica Bank, received by Curtis C. Farmer, Chairman, President and CEO
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Granite Construction, Inc. received by Michael F. McNally, Chair
- Qualcomm, Inc. received by Cristiano Amon, President and CEO
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Congratulations to LCDA Members for their board appointments! LCDA members continue to be at the forefront of Latino board seat holders in Fortune 1000 companies.
To view recent board appointments and connect with LCDA Members >CLICK HERE |
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Fortune: LCDA CEO, Esther Aguilera, featured in Fortune on the 4 must-have skills that may be missing from your board.
"We know that the path to growth leaders through the Latino Community— the business case is strong, the supply talent case is strong— but we remain a blind spot for Corporate America. It's time they get on board. Boards without Latinos are incomplete."
>READ MORE |
Fortune: LCDA Member, Lili Gil Valleta, a Director on Zumiez Board of Directors talks about the importance of networks.
"Being part of referral networks, like the Latino Corporate Directors Association, is also very important to expand your network, learn from others, and continue to give back, mentor, refer, and be referred as a candidate among your peers." >READ MORE |
CNBC: Latinos are seeing the least growth of any other group when it comes to board representation. Latinas have just 1% of board seats at Fortune 500 companies, a new report says.
The Latino Corporate Directors Association (LCDA), a membership-based organization of U.S. Latinos at the highest level of corporate leadership and corporate governance, was formed to increase U.S. Latino representation on corporate boards by raising visibility of the Hispanic talent primed for the boardroom.
>READ MORE |
Axios: LCDA AVP Communications & Marketing, Monique Navarro, on why companies should look to "organizations that are nurturing the pipeline, like...[LCDA], the Association of Latino Professionals For America (ALPFA) or theBoardlist, which has a talent-search tool highlighting people of color."
In 2020, Latinxs occupied just 4.1 percent of board seats at Fortune 500 companies, a stark contrast to Black people (8.7 percent) and Asian people (4.6 percent) and, most drastically, white people at 82.5 percent, according to a September 2022 report from the Latino Corporate Directors Association (LCDA) via their recently released Latino Board Monitor.
“This signals a real blind spot for corporate America,” Monique Navarro, LCDA associate vice president, told Axios. >READ MORE |
Hispanic Executive: LCDA Members, Adela Cepeda and Emma Rodriguez-Ayala, along with Paulita Pike, spoke on the need to advocate for more mentorship and more representation in the mutual funds space.
"The facts just don’t add up when one factors in that nearly 50 percent of all businesses from 2007 to 2017 were started by Latinos. As the largest minority group in the US, one growing all the time, Latinos represent the future of capital on both sides of the equation: those creating the wealth and, ideally, those managing it." >READ MORE |
Hispanic Executive: LCDA Member, Javier Saade, was featured in Hispanic Executive on his winding career path going from the private to the public sector and back again. "Now, he’s paving a new path as an undisputed leader in the boardroom.” >
READ MORE |
AL DIA News: LCDA CEO, Esther Aguilera, named a Thirty Percent Coalition Board Member who will assume the role of Vice Chair. This new leadership team will be tasked with strengthening the coalition's mission of increasing board diversity, as well as engaging with investors and member companies. >LEARN MORE
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AL DIA News: LCDA Member, Maria Sainz, is named President and CEO at Hyperfine Inc. She become the third Hispanic/Latina actively leading a U.S. public company, and the 8th Hispanic/Latina on record to ever lead a public U.S. company. >READ MORE
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AL DIA News: Congratulations to LCDA Member, Hilda Galvan, Partner-in-Charge of the legal firm Jones Day’s Dallas office, who will be inducted into the 2023 Dallas Business Hall of Fame by Junior Achievement of Dallas. “It is an honor to be selected for this recognition at a time when preparing the next generation of business leaders is most critical,” Galvan said. “It also reflects our firm’s unwavering support and hard work to ensure that the regional economy thrives and grows at all levels.”
>READ MORE |
Hip Latina: LCDA Board Chair, Elizabeth Oliver-Farrow, says “We contribute 25 percent of the country’s GDP and will contribute 78 percent of net new workers to the workforce during this decade. This has to change." >READ MORE
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Egon Zehnder interviewed LCDA Member, Michael Montelongo, as part of their Hispanic Heritage Month Q&A series highlighting leaders of Latino and Hispanic heritage.
"From serving the country as a career soldier and presidential appointee, to becoming CEO and board director, Michael Montelongo shares how his bicultural background and unparalleled career experiences shaped his leadership journey." >LEARN MORE |
Congratulations to LCDA Members named ALPFA, Inc.'s Most Powerful Latinas. The list of 50 women highlights the most powerful and influential Latina trailblazers in business, entrepreneurship, and civic engagement while empowering and encouraging the next generation of Latina Leaders to reach their full potential. >LEARN MORE
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Congratulations to LCDA Member, Dr. Maria Rivas, who was named Global Chief Medical Affairs Officer and Head of Evidence Generation at Pfizer Inc. >LEARN MORE |
Congratulations to LCDA Member, Maria Alonso, on her recognition as NACD Directorship Certified™ by the National Association of Corporate Directors (NACD). Maria currently serves on the board of directors of US Century Bank. >READ MORE
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Congratulations to LCDA Member, Carolina Barcenas, who was appointed Head of Platform Data Science at Airbnb Inc. |
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LCDA membership continues to grow as we welcome our newest experienced corporate directors. Connect via our Member Directory.
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| Michelle Caruso-Cabrera GWG Holdings (Former) (Delisted)
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| Manuel Favela Nuestro Queso LLC |
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| Ken Garcia McKim & Creed Inc.; TimkenSteel Corporation (NYSE:TMST) |
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| Francisco Lorca Monogram International Inc. (NASDAQ:MGI) |
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| Lea Marquez Peterson Carondelet Health Network |
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| Eddie Ramos Optimum Fund Trust (subsidiary of Macquarie Asset Management) |
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| Rolando Rodriguez Rave LLC Holdings (former) |
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| Merri Sanchez McEwen Mining Inc. (NYSE:MUX) |
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LCDA is proud to partner with The Carlyle Group in recognition of Hispanic Heritage Month and beyond!
Carlyle's Multicultural ERG hosted a panel discussion with LCDA CEO, Esther Aguilera, alongside The Carlyle Group's, Wes Bieligk, Lucia Soares, and Michael Echemendia, about ways we are working together to raise awareness and increase the representation of Latinos on boards. >READ MORE
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Join us in welcoming our two newest members of the LCDA-LCDEF Team! |
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LCDA honors the legacy of George Paz who led Express Scripts to its growth as the nation’s largest pharmacy benefit manager and St. Louis’ largest company. We're remembering his contributions to his community and also as a champion Latino Leader.
>READ MORE |
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About LCDA
The Latino Corporate Directors Association (LCDA) is the only association made up of US Latinos that serve on publicly-traded and large private company boards, as well as C-level and board-qualified executives. LCDA’s membership includes accomplished Latinos at the highest levels of corporate leadership who share our mission to increase the number and influence of Latinos on corporate boards. LCDA serves as an advocate and resource to corporate boards, search firms, private equity, and institutional investors interested in gaining access to exceptional Latino board talent. Our program areas focus on growing the supply of high-caliber boardroom candidates and providing quality corporate governance programming for experienced and aspiring directors. LCDA, 1032 15th St NW #1377, Washington, DC 20005 202-430-6954 | www.latinocorporatedirectors.org |
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