March 2020

TOP NEWS: California Law Adds Women to Boards But Leaves Latinas Behind

Bloomberg: (March 2, 2020) Latina candidates are being left behind as California boardrooms add more women, even though Hispanics are the largest and fastest-growing ethnic group in the state... >READ MORE

LCDA's Review Finds 17 U.S. Latinas Amongst the 511 Seats Filled by Women on California Public Company Boards

Yahoo Finance: (March 2, 2020) Following a review of Equilar data of women appointed to California public company boards, Latinas make up only 3.3% of women appointed to boards since SB 826 was enacted on October 1, 2018. SB 826 mandates that domestic and foreign public companies headquartered in California have at least one woman by the close of 2019 and a minimum of 3 women on boards with 6 directors or more by 2022... >READ MORE

At Least 43 California Companies Failed to Add Women to Corporate Boards, Despite New Law

Time: (March 3, 2020) In a report Monday, the Latino Corporate Directors Association said only 3.3% of women who have been selected to California boards since the law was signed have been Latinas, a fraction of their percentage in the state, where 39% of all residents are Hispanics... >READ MORE

IN OTHER NEWS: Latino Corporate Directors Association (LCDA) Introduces Tracker to Highlight Diversity Gaps

Associations Now: (Feb 24, 2020) As the Latino Corporate Directors Association (LCDA) notes, the gaps are quite apparent on its Latino Board Tracker. Out of the1,000 companies on the list, just seven have more than two Latino board members of any gender, and just five have more than one Latina board member... >READ MORE

Fortune raceAhead: (Feb 28, 2020) A new tool to track Latinx inclusion in the Fortune 1000... >READ MORE

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 the most 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, 1220 L Street NW, Suite 701 / Washington, D.C. 20005

202-838-1048 | www.latinocorporatedirectors.org

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