August 2021

Member Directory | Latino Board Tracker | Member Spotlight | LCDA News | BRI

Greetings LCDA Familia,

LCDA recently released a comprehensive fact sheet, “Sounding the Alarm: Latino Board Trends, 2010-2020,” with data compiled from the last decade regarding Latino representation on corporate boards. More pressure has arisen for boards to focus on racial diversity. Yet Latinos have largely been left out of this progress.  The graph below demonstrates how over the last decade, Latinos have lost ground while the Latino population has grown two times faster than their representation on Fortune 500 boards. To make matters worse, recent reports show that Latinos have the widest gap to close in corporate board representation of all underrepresented groups. 

As the nation’s largest ethnic group, Latinos accounted for 51.1 percent of the country’s demographic growth over the last decade, shooting up to 62.1 million, almost 20 percent of the US population, according to newly released data in the 2020 census. These numbers reflect a massive and growing Latino market, with the Latino GDP growing 72 percent faster than non-Latino GDP from 2010-2018. At a time when diversity is recognized as a business imperative, companies would be wise to tap qualified Latinos for their boardrooms.

We thank you for your support as LCDA continues to be part of the solution, leading in advocating for growth, promoting opportunities, and increasing demand for Latinos in corporate leadership and board governance. 

Stay safe and healthy,

Esther Aguilera

President and CEO

Download Sounding the Alarm: Latino Board Trends, 2010-2020 HERE. 

The 6th Annual LCDA Board Leaders Convening: The Future of Governance--The Ascent of ESG, will be hosted by TPG and takes place at the Parc 55 Hotel in San Francisco, November 4-5. We're excited to share with you our growing list of premier speakers for the event. 

Registration is by invitation only to LCDA members and partners. 

Members can register for the Convening and/or BRI by following these steps:

• Log into your LCDA Member Portal account HERE.
• Select the Event Registration dropdown from the Events Icon.
• Click on the event you wish to register for--Convening or BRI.

Thanks to the following LCDA Search, Private Equity, and Resource Partners for supporting our mission. 

A record number of Latinos were listed as honorees on the 2021 NACD Directorship 100.

As part of our partnership and direct engagement with National Association of Corporate Directors (NACD), we proudly nominated the following LCDA Members who have been named 2021 NACD Directorship 100 Honorees: Kimberly Casiano; Adela Cepeda; Maria Contreras-Sweet; Patricia Pineda; Jose Luis Prado; and Gilbert R. Vasquez.

Big Congratulations to these honorees who are recognized for their dedication to effective leadership, the improvement of corporate governance, and the demonstrable impact they have had in their communities and throughout their boardroom service to public, private, or nonprofit entities.

See the full Directorship 100 list here: https://bit.ly/3gt0FYR

Congratulations to Ken Salazar who was confirmed as U.S. Ambassador to Mexico. >READ MORE

Congratulations to Margarita Palau-Hernandez and Beatriz Infante who were recognized on Directors & Boards 2021 Directors to Watch list. >READ MORE

Congratulations to Javier Saade and Stacie Olivares who were nominated to the Federal Retirement Thrift Investment Board by President Biden. >READ MORE

Congratulations to José E. Feliciano who was named to the National Museum of the American Latino Board of Trustees by the Smithsonian. >READ MORE

Congratulations to José E. Feliciano who was elected to Stanford Board of Trustees. >READ MORE

Congratulations to Ricardo Fernandez who was recognized on Forbes inaugural CEO Next 2021, a list recognizing Up-and-Coming leaders set to revolutionize American business. >READ MORE

Congratulations to the LCDA Members who are nominees of the 2021 AL DÍA Archetypes: Kimberly Casiano; Mark Contreras; Maria Contreras-Sweet; Xavier Gutierrez; Nina Vaca; and LCDA CEO, Esther Aguilera. >READ MORE

LCDA membership continues to grow as we welcome our newest experienced corporate directors. Connect via our Member Directory.

We are proud to announce the recent board appointments of LCDA Members.

The schedule of events below are Exclusive Invitations for LCDA Members, Executive Members, and guests!

• Silicon Valley Directors’ Exchange (SVDX)
• • Robinhood: A Director's Story | Thursday, September 2, 2021, 10:00 am - 11:00 am PT | Speaker: Paula Loop, Director, Robinhood Markets | Register HERE
  • Board Governance in Founder-led Public Companies | Thursday, September 23, 2021, 9:00 am - 10:30 am PT | Featuring: Maureen Farrell, Co-author “The Cult of We” | Register HERE.
• Women Empowerment Network | Wednesday, September 22, 2021, 11:00 am - 12:00 pm CT | Panelists: Esther Aguilera, Adela Cepeda, Ana Dutra, Patricia Pineda | Register HERE

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Latino Corporate Directors Association | 1032 15th Street, NW | #1377 | Washington, DC 20005-1503