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LATINA
Style 50 2005
Once again, we rank the top
50 companies for Latinas to work for in the United
States, in the seventh annual LATINA Style
50. |
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This year’s selection of the
LATINA Style 50 was particularly difficult.
The number of companies responding to our survey
continues to grow, and as a consequence, even some
companies that have improved since last year’s
survey did not make the list. The fact that so many
companies are paying attention to their Latina
workforce is a great encouragement.
The number of employees of the companies selected
for the 2005 LATINA Style 50 is 3,340,240; of
those, 204,289, or 5.68 percent, are Latinas. 1,319
of the Latina employees are vice presidents, 217 are
senior executives, and 10 are members of their
company’s board of directors.
It is clear to see that we still have a long way to
go to bring our Latina numbers up to a satisfactory
level. But the fact is that perceptions are changing
and more Latinas are advancing. One of the reasons
for this increase is the fact that companies
servicing the Hispanic market, with Latino
representation in their ranks, demonstrate a clear
advantage over those without. As the Hispanic
population—over 40 million by the latest census
numbers--continues to grow, and with it Hispanic
purchasing power, it is obvious that reaching out to
and understanding the Hispanic community gives
companies a great competitive edge.
Our company of the year, Bank of America,
distinguished itself in nearly every category of
evaluation except one: the presence of a Latina on
its board of directors. We hope that a Latina board
member is in the works for Bank of America; she
would be a valuable addition to an already strong
and diverse company. We congratulate all the
companies that comprise this year’s
LATINA Style
50, as well as the honorable mentions; their
investment in Latina talent will bring many welcome
returns. |
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Leticia
Aguilar
Consumer Banking Executive
Greater Los Angeles Division |
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Bank of America Corporation
Company of the Year
Bank of America’s commitment to its Latina
employees is second to none. As a
leading diversified financial services
company, Bank of America remains
committed to providing the highest level
of customer service while ensuring its
employees’ needs are met. As an
aggressive recruiter in the Hispanic
community, Bank of America partners with
Hispanic organizations to ensure the
company’s presence at career fairs. Bank
of America aims to understand the needs
of its Latina employees and has created
the Diversity Advisory Council to
represent the voices of all of its
diverse employees. The advancement of
women within the company is also
paramount to Bank of America, and as a
result, the company has enacted the LEAD
(Leadership, Education, Advancement, and
Development) program for women. Bank of
America’s Hispanic employee network
group, HOLA (Hispanic/Latino
Organization for Leadership and
Advancement), has five active national
chapters and provides an excellent
support system for all of Bank of
America’s nearly 20,000 Latina employees.
Bank of America truly recognizes the
value and dedication of its Latina
employees and remains dedicated to their
success.
Leticia Aguilar, consumer
banking executive for the greater Los Angeles
division, serves as a prime example of Bank of
America’s commitment to employee advancement.
Beginning her career with Bank of America in
1972 as a customer-service representative,
Aguilar now manages the operations of more than
350 banking centers in Los Angeles County.
LATINA Style congratulates Bank of
America for its continued dedication to
fostering the advancement of its Latina
employees.
www.bankofamerica.com |
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Rosa Sabater
Senior
Vice President
Customer Service Solutions |
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American
Express Company
At American Express Company,
employees are as diversified as its
financial services. American
Express’ devotion to the Hispanic
community is visible through its
active recruitment at Hispanic
conferences and career fairs, its
advertisements in Hispanic media,
and its philanthropic support of
Hispanic organizations such as the
National Council of La Raza (NCLR)
and the League of United Latin
American Citizens (LULAC). The
company’s nearly 2,500 Latina
employees enjoy benefits such as
scholarships for their children, a
generous profit-sharing program,
emergency child-care services, and
flexible work schedules.
Additionally, American Express’
Hispanic employee network, AHORA,
boasts seven local chapters
nationwide, creating an internal
support system and networking
opportunities for Latinas.
Rosa Sabater, senior vice president
of Customer Service Solutions is
paving the way for American Express’
Latina workforce. She currently
leads a team focused on enhancing
customer service for American
Express’ diverse customer base.
Sabater has extensive experience
within American Express, serving in
a number of management roles in OPEN,
the company’s small-business
division. Before joining American
Express, Sabater worked as a
consultant in the areas of sales and
marketing.
home.americanexpress.com
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Nereyda Luna Bottoms
Group Vice President, Human Resources
Global Operations Support |
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Avon Products Inc.
Avon, a top international beauty and healthcare
supply company, puts its best face forward in
its dedication to retaining and advancing Latina
employees. Avon’s demonstrated commitment to
employee empowerment, through programs such as
its Leadership Edge program, provides
advancement opportunities to its nearly 700
talented Hispanic women employees within all
levels of the company. Avon also provides
substantial continuous-education reimbursements,
encouraging its employees to reach their highest
potential. As a family-oriented company, Avon
not only strives to create a supportive and
encouraging environment for its Latina employees
but also understands the demands that women face
outside the office. Accordingly, Avon offers
generous health-care coverage for employees and
their families, child-care subsidies, onsite
child-care centers, and flexible work options to
ensure that employees are able to achieve their
desired work-life balance.
As Avon’s group vice president of human
resources for Global Operations Support, Nereyda
Luna Bottoms understands the importance of
developing a strong workforce capable of
competing in the international market. Since
joining Avon in 1998, Bottoms has worked
tirelessly to expand Avon’s global sales and to
create strong management teams in every
geographic sales region. With over 30 years of
expertise in human resources, Bottoms has helped
increase Avon’s women hires and extend
opportunity to diverse candidates.
www.avon.com
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Frances Sevilla-Sacasa
President, Latin America Region |
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Citigroup Inc.
As a leading financial-services company,
Citigroup Inc. recognizes the benefits of a
diversified workforce and strives to open doors
for all of its employees, particularly Latinas.
Citigroup demonstrates its commitment to
recruiting promising Latinas through its
involvement with the INROADS internship program,
Sponsors for Educational Opportunity, and the
Hispanic Scholarship Fund. Citigroup’s nearly
10,000 Latina employees reap the rewards of a
solid infrastructure built on employee networks,
advancement opportunities, and generous
benefits. Flexible work schedules, monetary
awards, child-care subsidies, and
continuous-education reimbursements comprise
some of the benefits Citigroup offers its
employees. The Hispanic, women’s, and
working-parents networks provide support to
Citigroup employees, while leadership and career
counseling programs such as Strategic Project
Management and Executive Negotiation Skills
assist them in reaching their full potential.
One Latina who has served as a powerful role
model for Latinas at Citigroup is Frances
Sevilla-Sacasa, president of the Latin America
market region. Sevilla-Sacasa, who joined
Citigroup in 2000, has over 20 years of
private-banking experience. During her tenure at
Citigroup, Sevilla-Sacasa has received numerous
awards for her work in banking and finance, as
well as for her dedication as a Latina
trailblazer. Before joining Citigroup,
Sevilla-Sacasa was managing director of Deutsche
Bank’s Latin America Private Banking unit and
president of Bankers Trust International Private
Banking Corporation.
www.citigroup.com
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Maria Elisa Carvajal
Marketing Director, Asia Pacific Division |
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Colgate-Palmolive Company
The Colgate-Palmolive Company aims to attract
and retain a workforce as diverse as its product
lines. At Colgate-Palmolive, special emphasis is
put on leadership training and career
counseling. Hispanic women can find
Colgate-Palmolive actively recruiting at various
career fairs, as well as through its involvement
in Hispanic organizations such as the National
Society of Hispanic MBAs (NSHMBA). The company
offers its Latinas unique programs such as the
Colgate Leadership Challenge and Global
Leadership 2020. In addition to
leadership-development opportunities,
Colgate-Palmolive fosters a supportive work
environment through various employee networks,
including Vistas Latinas, the Hispanic Action
Network, and the Colgate Women’s Network.
Colgate-Palmolive recognizes the demands of
balancing a career and family by offering
generous health- and child-care benefits.
One Latina who contributes to Colgate’s
diversified product line is Maria Elisa
Carvajal, a marketing director for the company’s
Asia Pacific division. Before assuming her
current position, Carvajal held numerous other
management positions within the company,
including those of group brand manager for
Fabric Care and associate marketing director for
the Latin American division. Carvajal joined
Colgate in 1990 and has led the way for its
Latinas ever since.
www.colgate.com |
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Mercy Jiménez
Senior Vice President, Single Family Mortgage
Business
National Business Center |
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Fannie Mae
Fannie Mae not only helps Americans realize
their dreams of homeownership; the company also
helps Latinas realize their potential as Fannie
Mae employees. Fannie Mae is dedicated to
recruiting qualified Latinas and utilizes over
40 diversity-focused job boards and career fairs
to reach out to talented Hispanic women. Latinas
occupy positions at all levels within the
corporation, and through the Corporate Mentor
Program, established in 1994, Latina employees
are encouraged to set and achieve
professional-development goals. Fannie Mae also
offers a comprehensive succession planning
process for the top 50 leadership positions
within the company, with special recruitment
efforts for women and diverse candidates.
Latinas at Fannie Mae are encouraged to succeed
through the support of the Hispanic Employee
Networking Group and the Women’s Networking
Group. Fannie Mae also offers its Latinas a
comprehensive benefits package with unique
programs such as a mortgage-down-payment program
and a transit subsidy.
Mercy Jiménez, senior vice president of Single
Family Mortgage Business at Fannie Mae’s
National Business Center, is proof that
commitment pays off. Having held various
executive-level positions within Fannie Mae
prior to her current position, Jiménez has
demonstrated to all of Fannie Mae’s Latinas the
opportunities that are possible within this
diversified financial-services company.
Overseeing the business relationship of almost
2,000 Fannie Mae lenders, Jiménez proves what a
valuable resource Hispanic women can be
throughout all sectors.
www.fanniemae.com |
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Natalia Franco
Vice President, Marketing, Strategic Growth
Channels
Big G-Cereal Division |
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General Mills
Our Company of the Year in 2004, General Mills
continues to go the extra mile to recruit
promising Latinas and promote workforce
diversity overall. General Mills’ Hispanic
employees, along with the rest of its diverse
workforce, may participate in the company’s
Corporate Mentoring Program, which allows them
to shadow senior-level management and explore
various areas within the company. In order to
reach their full potential, Hispanic women at
General Mills are also encouraged to participate
in leadership programs such as Building Great
Leaders and Managing People. General Mills is
also dedicated to ensuring that women are
represented at the executive level and are given
advancement and mentoring opportunities.
Additionally, General Mills understands the
importance of work-life balance and provides its
Latina employees with a top-notch benefits
package comprised of generous maternity leave,
subsidies for child-care, and continuous
education reimbursements.
Natalia Franco, vice president of marketing for
Strategic Growth Channels, is a prime example of
a talented Latina whose dedication to personal
advancement paid off in her career. Franco
embodies the spirit of personal growth held in
high esteem by General Mills. She joined the
Pillsbury Company in 1995 and held various
management- and executive-level positions within
the company before its acquisition by General
Mills in 2001. Franco is truly a shining star at
General Mills, and an exceptional role model for
the company’s Latina employees.
www.generalmills.com |
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Miriam Vializ-Briggs
Vice President, Marketing, Strategic Growth
Businesses |
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IBM Corporation
Just as IBM Corporation works to continually
develop new technology, it also allocates
resources to further develop a supportive work
environment and maximum benefits for its
employees, including its Latinas. This
international computer- and software-production
corporation is renowned for its dedication to
helping employees create a work-life balance.
IBM fosters a supportive environment through its
numerous employee networks. La Red Familiar, the
employee network of Hispanic women at IBM,
fosters networking opportunities for IBM’s
nearly 2,000 Latina employees. IBM also offers a
competitive health- and child-care package and
allows women up to three years of absence for
childbirth. To attract talented Hispanic and
women employees, IBM has implemented Project
View seminars for Hispanics and for women. These
one-and-a-half day seminars allow Hispanic and
women employees to explore career possibilities
within IBM.
One of the most successful Latinas at IBM and in
the computer and software industry at large is
Miriam Vializ-Briggs. As vice president of
marketing for Strategic Growth Businesses,
Vializ-Briggs is a powerful example of a strong
Latina in a typically male-dominated industry.
With over 13 years of corporate experience,
Vializ-Briggs has proven herself as a valuable
resource to IBM. She is responsible for creating
innovative development and sales strategies to
market up and coming technology, worldwide.
www.ibm.com |
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Rafaela Herrera
Corporate Vice President of Compliance |
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New York Life Insurance Company
As a leading mutual-insurance provider, New York
Life Insurance Company endeavors to recruit a
workforce as diverse as its customers. With that
goal in mind, New York Life is dedicated to
extending employment opportunities to Latinas
and has created the Hispanic Marketing Unit. To
recruit talented Hispanic women, New York Life
partners with numerous Hispanic organizations,
including the Professional Latina Women’s
Organization and the United States Hispanic
Chamber of Commerce. To promote advancement
among recent hires, New York Life offers two
unique Fast Track programs to recent college and
business-school graduates. In 2003, New York
Life initiated the Women’s Leadership Project,
providing seminars and networking events to its
female employees at all levels. New York Life
also understands the vital contributions its
Latinas make to their families. Accordingly, New
York Life offers on-site child-care at some of
its locations, generous health-care coverage,
and flexible-time options.
Rafaela Herrera, corporate vice president of
compliance, is an expert on the
insurance-compliance industry, with 20-plus
years of experience. Before joining New York
Life in 2001, Herrera was a vice president at a
National Association of Securities Dealers
(NASD) broker-dealer. A valuable asset to New
York Life, this Latina has proven that hard work
and dedication do pay off.
www.newyorklife.com |
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Grace Torres
Vice President, Mutual Fund Investments |
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Prudential Financial
Prudential Financial remains a leading and
innovative financial-services company,
continually offering its employees advancement
opportunities and new challenges. To secure its
diverse workforce, Prudential partners with
national Hispanic organizations such as the
National Council of La Raza (NCLR) and the
Association of Professional Hispanic Accountants
(APHA), attending conferences and career fairs.
Prudential promotes advancements through
fast-paced leadership and mentoring programs
such as Excellence in Leadership and Women in
Finance. Additionally, over half of the
company’s participants in its 2004 Fast Track
program were employees of diverse backgrounds,
further demonstrating Prudential’s commitment to
diversity. The company’s Hispanic Heritage
Network serves as a resource group for Latina
employees, and a women’s task force responds to
the needs of Hispanic women. Prudential’s
Business Based Flexibility Program ensures that
alternative work arrangements may be made to
accommodate the ever-changing lives of Hispanic
women.
Grace Torres is an incredible Latina whose
immense responsibility at Prudential Financial
allows her to serve as a powerful role model for
all Latinas in the financial industry. As vice
president of Mutual Funds Investments, Torres
oversees the direction and management for all
mutual funds provided by Prudential. Before
joining Prudential in 1994, Torres served as the
vice president of Bankers Trust Company. Also a
certified public accountant, Torres is a
powerful Latina in the financial sector.
www.prudential.com |
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Norma Martinez Lozano
President, Diversified Businesses |
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SBC Communications Inc.
With almost 11,000 Latina employees,
constituting nearly 7 percent of its total
workforce, SBC Communications Inc. truly
supports Hispanic women. Recruiting talented
Latinas is a top priority for SBC, and the
company demonstrates its commitment by attending
over 50 college and career fairs. SBC extends
its efforts beyond recruitment and works to
retain talented Hispanic women through
task-force programs such as the Workforce
Diversity Team, Professional Women of SBC, and
the Corporate Joint Diversity Council. Hispanic
women at SBC may also participate in the
Hispanic Association of Communications Employees
of SBC (HACEMOS), which fosters an encouraging
environment.
Norma Martinez Lozano is SBC’s president of
diversified businesses. She has served at SBC in
other capacities as well, namely as president
and CEO of Southwestern Bell Messaging Services
and as vice president of marketing for SBC
Operations. Lozano is a well-respected Latina in
the telecommunications industry and has been the
recipient of awards and recognition for her
dedication to excellence in leadership.
www.sbc.com |
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Cristina Lambert
President and Chief Executive Officer
Puerto Rico Telephone Company |
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Verizon Communications
In the ever-changing world of
telecommunications, Verizon Communications
continues to keep up to speed not only in the
services it offers but also in the diverse
workforce the company creates. Verizon
understands what a valuable asset Hispanic women
are to the company and works aggressively to
ensure that their efforts are acknowledged.
Verizon actively recruits promising Latinas
through its partnerships with the Hispanic
Association of Colleges and Universities (HACU)
and the Hispanic Scholarship Fund (HSF).
Verizon’s Latina employees are encouraged to
participate in employee-resource groups such as
the Women’s Association for Verizon Employees
and the Hispanic Support Organization. Verizon
also offers its Latina workforce extensive
leadership-training and career-counseling
programs, such as the Hispanic Professional
Development Workshop and the Development and
Leadership Institute. While creating an
accelerated work environment for its Latina
employees, Verizon also remains sensitive to the
balance of work and life. Accordingly, the
company offers a generous benefits package that
includes generous leave for childbirth and
extensive health-care benefits.
As president and CEO of Puerto Rico Telephone, a
subsidiary of Verizon, Cristina Lambert oversees
all of its administrative and technical
endeavors, including those associated with
wireline, wireless, paging, Internet, and
long-distance services. Since she began her
career as an associate at Contel, Lambert has
accumulated over 30 years’ experience in
communications.
www22.verizon.com |
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Rosie Saez
Director of Diversity |
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Wachovia Corporation
Wachovia Corporation, a leading commercial- and
investment-banking company, strives to create a
supportive and inclusive workplace for all its
nearly 100,000 employees, including its 4,000
Latinas. As a participant in numerous diversity
conferences and career fairs, Wachovia
demonstrates its commitment to extending
opportunities to diverse candidates, and its
Human Capital Planning Program ensures that once
hired, Latinas have opportunities for
advancement within the company. The Diversity
Task Force and the Corporate Women’s Advisory
Group are integral to helping Wachovia
understand the needs of its Latina workforce,
and the Hispanic Latino Employee Resource
Network serves as a vital support system for
Wachovia’s Hispanic women employees. Wachovia
has championed the importance of work-life
balance by offering competitive employee
benefits, including on-site child-care,
child-care subsidies, paid personal leave,
generous maternity leave, scholarship
opportunities for employees’ children, and
reimbursements for continuous education.
Recently named Wachovia’s director of diversity,
Rosie Saez reflects the company’s ideals of
employee inclusion and empowerment. Along with
her new title comes increased responsibilities
for this dedicated Latina, as she works to
expand opportunities to diverse candidates and
ensure their presence within the company. Saez
welcomes this challenge, as she has welcomed the
challenges in her previous positions with
Wachovia, most recently serving as the senior
vice president and regional manager of
Wachovia’s Community Development Group.
www.wachovia.com/espanol |
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To view the whole list,
click
here. |
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