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June 2020
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Greetings LCDA Familia,
IN THIS TIME OF CRISIS & SOCIAL UNREST, THE SAME OLD WILL NOT WORK.
With the pandemic impacting lives, livelihood, and the business world—plus the massive social unrest calling for an end to systemic racism and inequality in our society, current events have laid bare the need for comprehensive, sustained solutions and vigilant leadership to achieve real results.
The same old will not work! As research from McKinsey & Company demonstrates, diverse teams contribute to better performance. Plus, diverse leaders serve as an advantage in navigating the next normal. With LCDA advancing diversity in the boardroom, we are responding to this moment by making it possible for global organizations to better adapt while staying relevant and connected to their workforce, clients, and the communities they serve.
Taking the lead from our Board Chair, Roel Campos, LCDA in integrating these important themes as part of our 2020 Board Leaders Convening Reimagined: Leading in a Time of Crises and Recovery. In the statement that he issued last week, Roel stated, “Diversity and Inclusion are at the core of who we are at the LCDA. We believe that our nation faces a moral imperative to address long-standing racism and inequality. LCDA will lead sessions on how directors and executives can best help in positively contributing to these complex topics. I and LCDA Members will be staunch allies in finding impactful ways to contribute to the work of building a more just and equitable society.” Keep an eye out for more details on these sessions to follow.
Esther Aguilera
President and CEO
According to Fortune 1000 board data collected from the LCDA Board Tracker, of the 27 companies in the Household Products Sector, 70 percent still lack Latino/a board representation with only 8 companies having 1 Latino/a Board Director.
Tuesday, June 16, 2020, 5:00 - 6:00 PM ET
The Unfolding Pandemic: Emerging Themes for Boards & Executive Teams
Join us for a facilitated dialogue with Hamid Samandari, the lead author of McKinsey & Company's report,"Coronavirus: 15 emerging themes for boards and executive teams." Participants will gain key insights boards and executive teams can leverage to tackle the crisis brought on by this pandemic.
Co-Facilitators: Evelyn D’An, LCDA Member and Michael Montelongo, LCDA Member
Speaker: Hamid Samandari, Senior Partner, New York Office, McKinsey & Company
This webinar is an open registration. Click the link below to register:
Congratulations to LCDA Member, Ana Dutra, on her First Internet Bancorp (NASDAQ: INBK) appointment to its Board of Directors.
Congratulations to LCDA Member, Juan Figuereo, on his Western Alliance Bancorporation (WAL) appointment to its Board of Directors.
Congratulations to LCDA Member, R. Martin Chavez, on his Sema4 appointment to its Board of Directors.
Congratulations to LCDA Member, Xavier Gutierrez, on his appointment to President & CEO-Arizona Coyotes, National Hockey League.
LCDA Member, George Munoz, recently served as a panelist for LCDA Strategic Partner, NACD's Leading Through Uncertainty Virtual Event.
Good Read: Cesar Conde, Chairman of NBCUniversal Telemundo Enterprises, shares his thoughts on small businesses and the aid they need.
Good Read: LCDA Friend, Jared L. Landaw, How Diverse Is Your Board, Really?
SAVE THE DATE: Hispanic & Latino Economic Forum’s 2020 Webinar Series: COVID -19 Impact on the Hispanic & Latino Community - Part Two, Tuesday, June 30, 5:00 - 6:30 PM ET. This series is hosted by McKinsey & Company in partnership with LCDA. Details forthcoming.
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NEW VIDEO SERIES: LCDA and Egon Zehnder Partner to Highlight Top Latino leaders
In an effort to showcase top Latina and Latino talent in the US, LCDA, in partnership with Egon Zehnder, interviewed nine exceptional board directors. In this video series, they share their paths to success, lessons they learned along the way, and advice for future Latino leaders.
We invite Members to be featured! Once things return to normal, the video series will be traveling to a few cities to schedule future interviews. In the meantime, we invite you to share these stories and your own on social media using the hashtag #TheLatinoImpact. Visit Egon Zehnder's microsite to view the video highlights.
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LCDA Partner, Hispanic Executive, offers 20% off of their magazine subscription as a benefit to LCDA members. Please use the following discount code to subscribe: LCDA2019.
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LCDA Partner, Boardspan, offers free subscription to their Director's Domain, your weekly news on all things board. Be sure to also check out their governance education trainings for boards of directors.
For insightful news and information along with valuable tools and resources, visit the Covid-19 Board Resources and Covid-19: ESG Game Changers pages on our website.
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June
Diligent - the International Business Council of the World Economic Forum: On June 16th from 10:00 – 11:00 AM ET - Register hereWBC Coffee and Wine Chats: Corporate Culture in Time of Crisis: On June 16th at 11am ET - Register here
WBC Roundtable: CEOs Leading in a time of crisis on June 18th at 11am ET - Register here
Equilar Diversity Roundtable: On June 23rd from 2pm – 3:30pm ET
WBC Coffee and Wine Chats: A positive image in negative times: Hot to package, position, and promote yourself – On June 25th at 12 pm ET
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Latino Corporate Directors Association | 1032 15th Street, NW | #1377 | Washington, DC 20005-1503
