Member Spotlight

Our Member Spotlight this month is Consuelo Madere who is featured in our NEW video series launched earlier this month in partnership with Egon Zehnder. The series titled, “Get on Board: The Latino Impact” will be produced annually to share the stories of distinguished Latinas and Latinos at the highest levels of corporate leadership.

Consuelo Madere is a former Monsanto executive and current board director: Lindsay Corporation (NYSE: LNN), S&W Seed Company (NASDAQ: SNAW), Nutrien Ltd (NYSE: NTR). In her episode, “Taking Career Risks” she shares her origin story and how it influenced her career in the male-dominated field of chemical engineering.

LCDA Members, stay tuned for more information about the 2020 video series and ways to get involved.

Click here to learn more about The Latino Board Tracker, the only publicly available resource that tracks the number of Latino/as on Fortune 1000 company boards.

Details on F1000 companies, their board size, and the number of Latino/as on each board are all readily available on the new Latino Board Tracker. Users can search by F1000 rank, company name, company headquarter location, and the number of Latino/as on each board.

LCDA Outlook: COVID-19 Resource Site

We are in unprecedented times. With efforts to contain the spread of COVID-19 (coronavirus) and the rapid pace of change, last week, we posted a new page on our website with resources to keep our network apprised of timely board-related information and resources.

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LCDA partner, KPMG, recently released resources by KPMG’s Board Leadership Center to help directors navigate these challenging and unprecedented times.

To help boards in their oversight of the company’s pandemic response—managing through the immediate crisis as well as addressing vulnerabilities exposed by the outbreak—KPMG highlights five key areas for board focus:

First and foremost, focus on the safety and well-being of the company’s employees.
Focus on financial risks and scenario planning—duration, severity, and longer-term dislocations.
Understand key operational risks—particularly the supply chain, labor, and technology capabilities, and related scenario planning to maintain operations.
Ensure the board is staying apprised of the company’s response to the crisis.
Assess financial reporting and disclosure impacts.

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LCDA partner, Edelman, provides COVID-19 information and guidance. This work is informed by their current working relationships with World Economic Forum (WEF), World Health Organization (WHO), and other public health contacts.

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LCDA partner, McKinsey & Company, has outlined a series of articles with insights to prevent and mitigate impacts from COVID-19 to help business and community leaders think through crisis management during the coronavirus pandemic.

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Board Appointments & News

Congratulations to LCDA Member, Juan R. Figuereo, on his Deckers Brands (NYSE: DECK) appointment to its Board of Directors effective March 1, 2020.

Congratulations to LCDA Member, Debra Sandler, on her Dollar General Corporation (NYSE: DG) appointment to its Board of Directors effective April 1, 2020.

A big congratulations to LCDA executive member, Jaime Ramirez, a 27-yr tools and storage veteran, on his promotion as President of Stanley Black & Decker Tools & Storage Segment to commence July 1.

Additional congratulations go out to Francisco (Frank) J. Lopez-Balboa appointed Executive Vice President and Chief Financial Officer at Cumulus Media. Frank is an LCDA Executive Member who participated in the October 2019 BoardReady Institute where he met a member of the Cumulus Board of Directors that led to his referral and CFP appointment.

LCDA in Action

Hispanic Executive: (March 09, 2020) LCDA Board Chair, Roel Campos, Knows the Power of Purpose: A storied, purpose-driven career has made a business and community leader out of Roel Campos, and his impact and influence continue to rise... >READ MORE

Latino Leaders: (March 19, 2020) "States Take Action on Corporate Board Diversity" by LCDA VP, Advocacy and Demand, Kathy Munoz... >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