One of the highest achievements a corporate executive can aspire to is to be asked to serve on a corporate board. Diverse boardrooms are good for business by bringing different insights, experiences, and guidance to the table — all essential components in today’s global environment. Although women have made significant strides in the corporate workplace, statistics show that women, especially Latinas, still have a long way to reach parity in corporate America. Catalyst, a leading nonprofit organization with a mission to accelerate progress for women through workplace inclusion, provides us with insight on the current landscape, ideas and solutions to make progress.
According to Catalyst, women hold 19.9 percent of the board positions of S&P 500 and only 4.4 percent of those board seats are held by Latinas. It has become more critical than ever with the increasing growth of the Hispanic population that companies and their boards reflect those who they serve. Yet, most companies still have very low representation of women on boards, and even less Latinas.
Among the LATINA Style 50 Companies, there are seven Latinas who serve on their boards. These Latinas exemplify the best of what a professional can achieve with the right balance of hard work, leadership, talent, and passion. These Latinas willingly share their knowledge, offering financial insights, wisdom, and leadership in business, government and their community. They are defying the odds and are helping to form a pipeline for more diverse boards.
1. Marta Tienda
Maurice P. During ’22 Professor in Demographic Studies at Princeton University
Boards: Alfred P. Sloan Foundation, the Robin Hood Foundation, the Population Reference Bureau and the Jacobs Foundation of Switzerland.
2. Nina G. Vaca
CEO & Chairman of Pinnacle Group Presidential Ambassador for Global Entrepreneurship
Boards: Cinemark and Kohl’s.
3. Monica C. Lozano
Chairman, Aspen Institute Latinos and Society Program Former Chairman and CEO, U.S. Hispanic Media, Inc.
Bank of America
Boards: Target Corporation, Chair of the Board of the Weingart Foundation, the Rockefeller Foundation, and the University of California Board of Regents.
4. Sara Martinez Tucker
Retired CEO, National Math and Science Initiative; Former Secretary of Education in the U.S. Department of Education
Xerox & Sprint
Boards: American Electric Power, University of Texas System Board of Regents and the University of Notre Dame’s Board of Trustees.
5. Geisha J. Williams
CEO & President, Pacific Gas & Electric Company
Pacific Gas & Electric Company
Boards: Edison Electric Institute (EEI), Institute of Nuclear Power Operations (INPO) and Center for Energy Workforce Development (CEWD).
6. Cynthia A. Telles, Ph.D.
Director, UCLA Neuropsychiatric Institute Spanish-Speaking Psychosocial Clinic
Boards: California Community Foundation, Pacific Council on International Policy, the Music Center (Performing Arts Center of Los Angeles County), MALDEF, the National Alliance for Hispanic Health, and the Board of Airport Commissioners for Los Angeles World Airports.
7. Kimberly Casiano
President of Kimberly Casiano & Associates
Ford Motor Company
Boards: Mutual of America, Scotiabank of Puerto Rico, Latino Corporate Directors Association (LCDA), Hispanic Scholarship Fund (HSF) and the Moffitt Cancer Center (Tampa, FL).
8. Elisa Villanueva Beard
CEO of Teach For America
Leadership for Educational Equity
Boards: the Holdsworth Center and Leading Educators.