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LATINA
Style 50 2008
Once again, we rank the top
50 companies for Latinas to work for in the United
States, in the 10th annual LATINA Style
50. |
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Patricia Diaz Dennis
Senior Vice President &
Assistant General Counsel |
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AT&T Inc.
Company of the Year
AT&T Inc. has
demonstrated
a
remarkable and consistent strength
in the area of diversity by
recognizing the value and advantage
of having a culturally diverse
workforce. Resource groups such as
HACEMOS and the Hispanic Employee
Association of AT&T offer
professional development and
mentoring by senior leadership. AT&T
Inc. recognizes America’s changing
demographics and invests in its
youth by providing educational
scholarships throughout the country.
An annual National Scholarship
Foundation Fundraiser, coordinating
the National High Technology Day,
which connects thousands of students
from across the country encourages,
motivates and inspires students to
continue on to higher education.
Diverse recruitment efforts are
proven by Latina representation
throughout the company’s pipeline
where Latina talent is nurtured and
developed. LATINA Style applauds AT&T
Inc. for identifying diversity as an
asset and necessity for success in
the marketplace.
As senior vice president and
assistant general counsel, Patricia
Diaz Dennis is responsible for AT&T
Corporate Litigation, Procurement,
Corporate Real Estate and
Environmental and Corporate
Compliance. She is a member of the
California, Texas and District of
Columbia bars and is admitted to
practice before the U.S. Supreme
Court. In addition to thriving in
the telecom realm, Diaz Dennis has
also flourished in public service
having the experience of three
political appointments, most
recently as Secretary of State for
Human Rights and Humanitarian
Affairs. She has been recognized for
her ongoing commitment to
volunteerism and philanthropy and
continues to be a leader not only
within AT&T Inc. but also within her
community.
www.att.com |
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Frances Aldrich Sevilla-Sacasa
President of U.S. Trust,
Bank of America
Private Wealth Management |
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Bank of America Corporation
Celebrating
diversity in day-to-day operations
is a strong component of Bank of
America’s success in the financial
market. Bank of America implements
diversity initiatives throughout the
company to nurture stronger teams
and better serve its customers.
Active recruitment of talented
Latinas through diverse
organizations such as the
Association of Latino Professionals
in Finance and Accounting and the
National Association of Hispanic
MBAs has maintained Bank of America
as a leader among diversified
financial services companies.
Internally, Bank of America supports
a number of associate affinity
groups, such as the Hispanic/Latino
Organization for Leadership and
Advancement (HOLA). HOLA’s mission
is to maximize the contributions and
enhance the professional development
of Latino associates at Bank of
America. Furthermore, Bank of
America supports diverse communities
through philanthropic giving,
providing support to organizations
such as the National Council of La
Raza, the Raza Development Fund,
Hispanic Scholarship Fund, Hispanics
in Philanthropy, the National
Association for Latino Community
Asset Builders and the National
Hispanic Cultural Center Foundation.
As president of U.S. Trust, Bank of
America Private Wealth Management,
Frances Aldrich Sevilla-Sacasa
serves clients with more than $3
million in investable assets. Prior
to joining Bank of America, Sevilla-Sacasa
held executive positions in Latin
America and Europe and most recently
served as president and chief
executive officer of U.S. Trust
Corporation before its merge with
Bank of America in July 2007.
Throughout her 30 years of
experience in financial services,
Sevilla-Sacasa has been the
recipient of numerous awards for her
leadership and commitment in wealth
management. She is also pro-active
in her community and serves on
several philanthropic boards such as
the Bank of America Charitable
Foundation, Inc., Miami City Ballet,
Foreign Policy Association and the
Thunderbird School of Global
Management, her alma mater.
www.bankofamerica.com |
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Ana Duarte McCarthy
Chief Diversity Officer |
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Citigroup Inc.
Citigroup’s
diversity strategy focuses on four
major components: employees, clients,
suppliers and communities. Out of 42
employee networks that collaborate
on common interests such as career
development options, seven are
initiated and led by Hispanics.
Citigroup partners with the National
Association of Hispanic MBAs (NSHMBA)
to attract Latina talent and
supports Hispanic organizations such
as the National Council of La Raza,
the East Los Angeles Community Union
and the Hispanic Scholarship Fund.
Through these organizations,
Citigroup provided 82 scholarships
in 2007 totaling over $230,000.
Affiliations with the National
Minority Supplier Development
Council, the Women’s Business
Enterprise National Council, the
National Hispanic Business Group and
the Latino Business Association and
participation in tradeshows ensure
that diverse suppliers have equal
opportunity to do business with
Citigroup. The success of these
efforts resulted in over $1 billion
in diverse firms last year.
Citigroup’s most senior official
with responsibility for Global
Workforce Diversity, including the
Equal Opportunities function is Ana
Duarte McCarthy, chief diversity
officer. With over 14 years of
experience in diversity management,
Duarte McCarthy is responsible for
the development and integration of
Citigroup’s workforce diversity
strategy for attracting diverse
talent, workforce development,
fostering an inclusive work
environment and ensuring management
accountability. She has been with
Citigroup since 1995 and has been
recently recognized by NSHMBA as the
Ultimate Hispanic Executive and
received the Out & Equal Workplace
Advocates’ Champion Award for her
support and advocacy of workplace
equality for the gay, lesbian,
bisexual and transgender community.
www.citi.com |
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Linda Madrid
Senior
Vice President & Deputy
General Counsel of Single-Family
Guaranty Business (SFGB)
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Fannie Mae
Fannie Mae
provides the means for many
Americans to reach the dream of
owning their own home by providing
capital and stability to the
American housing market. Fannie Mae
is an organization centered on the
philosophy of inclusion as it seeks
to lower the cost of owning a home
in all communities under all
circumstances. This philosophy of
inclusion is reflected internally in
its effort to employ minorities,
specifically Latinas. Its Hispanic
Employee Resource Group encourages
the development of leadership skills
amongst the Latino community within
the company. They realize the
strength of a diverse leadership
team translates into a business that
better serves the needs of the
community it serves. Fannie Mae has
worked hard to create a pipeline of
young Latino talent through various
recruitment programs.
Linda Madrid is Fannie Mae’s senior
vice president and deputy general
counsel of Single-Family Guaranty
Business (SFGB). Before joining
Fannie Mae in 2006, Madrid served as
managing director, general counsel
and corporate secretary at
CarrAmerica Realty Corporation since
1998. Her current responsibilities
include managing Fannie Mae’s legal
department’s provision of legal
services to the SFGB and overseeing
50 lawyers, paralegals and business
analysts located in the District of
Columbia, California, Texas,
Illinois, Pennsylvania and Georgia.
www.fanniemae.com |
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Laurene Gandolfo
Senior
Vice President, Macy's
Merchandising Group |
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Macy's, Inc.
Charitable
contributions, employment
initiatives, volunteerism and the
creation of economic partnerships
are atop Macy’s efforts to employ
and connect to increasingly diverse
communities. Macy’s takes advantage
of relationships with local business
and trade organizations such as the
National Minority Supplier
Development Council, Women’s
Business Enterprise National Council
and the U.S. Hispanic Chamber of
Commerce to advertise contract
opportunities and source them.
Several of Macy’s philanthropic
engagements are with the Hispanic
Scholarship Fund (HSF), the American
Heart Association's Go Red For Women
Movement and Reading Is Fundamental,
Inc. Through HSF, Macy’s extends
scholarships and internships to
increase awareness among Hispanic
students about the many varied
careers available in retail. Macy’s
Inc. workforce initiatives include
talent acquisition and succession
management, diversity learning
through workshops, computer-based
training and events sponsored by
Diversity Councils and Employee
Resource Groups. At Macy’s, Inc. you
can find Latinas at all levels of
management. Whether they sit on the
Board of Directors, at senior
executive levels or as a sales
associate, Latinas’ input is valued
and counted on to stimulate the
workplace, stores and merchandise.
Laurene Gandolfo, a native of Cuba
and MBA graduate of New York
University, is the senior vice
president of Macy’s Merchandising
Group. Gandolfo began her retail
career at Levi Strauss and has also
worked for Bloomingdale’s. Her
experience includes: senior
assistant buyer for Men’s Designer,
buyer in Men’s, Group manager in
Ready to Wear, Divisional
Merchandise manager of Intimate
Apparel Hosiery and Socks and vice
president of Home Textiles, Food/Candy
and Christmas merchandise.
www.macysinc.com |
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Barbara Prince Wilcox
Regional Vice President of
Human Resources,
International Lodging
Division |
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Marriott International, Inc.
Over 20 years
ago, Marriott was the first lodging
company to establish a diversity
program. Presently this program
encompasses efforts to maintain a
diverse customer base and workforce,
a minority procurement program and
community outreach. In 2007, a
record $475 million procurement was
spent on women and minority-owned
businesses. Of that, over $35
million was allocated to Latina-owned
firms. Also in 2007, Marriott was
honored as “Corporation of the Year”
for their ongoing support of the
Hispanic College Fund. Marriott
developed Sed de Saber TM, an
electronic program geared to help
Spanish-speaking associates and
their families learn English on
their own time. They are an active
supporter of both the U.S. Hispanic
Chamber of Commerce and the National
Hispanic Corporate Council. The
company’s close partnerships with
Hispanic-serving institutions assist
in the recruitment of talented
Latinas that make up over 15 percent
of Marriott’s total employees.
Marriott also provides generous time
off for maternity and adoption leave.
Barbara Prince Wilcox has worked her
way to being the highest-ranking
Latina at Marriott throughout her 24
years with the company. Prince
Wilcox began her thriving career as
an hourly associate and has held
numerous positions at Marriott
Vacation Club and various restaurant
divisions of Marriott. Currently
serving as regional vice president
of human resources of the
International Lodging division at
Marriott International, Prince
Wilcox is responsible for the human
resources activity in Marriott-managed
hotels in the Caribbean and Latin
America region. She completed her
undergraduate and graduate studies
at the University of Maryland, all
while maintaining a full-time
position at Marriott. She is a
member of the National Association
of Professional Women as well as the
Society for Human Resources
Management.
www.marriott.com |
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Ofelia Melendrez-Kumpf
Vice President QSC, Greater
Southwest Region, McDonald’s
USA |
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McDonald’s USA
McDonald’s USA
understands and values the benefit
of doing business with employing and
servicing diverse communities. With
the largest number of minority and
female franchisees in the quick
service industry, McDonald’s holds
its vision to leverage the unique
talents, strengths and assets of
diversity around the globe. Moreover,
McDonald’s provides continuous
diversity education to create
awareness and build skills to manage
an inclusive and diverse workforce.
McDonald’s sustains community
relationships by partnering with the
National Council of La Raza,
National Association of Latino
Elected Officials (NALEO)
Educational Fund and Hispanic
Association on Corporate
Responsibility (HACR). While
recognizing the importance of
investing in youth, McDonald’s
provides college internships such as
an accelerated intern program
designed to recruit future
operations’ leaders and offers
continuous education reimbursements.
Ofelia Melendrez-Kumpf began her
career at McDonald's Corporation
after graduating from college in
1992. She started as an intern in
the Los Angeles Region Internship
program, which attracts women to the
field of operations. Since then, she
has held a variety of positions,
from restaurant manager to training
consultant and international field
service manager for the Latin
America Group. Through her
involvement in McDonald’s Hispanic
Employee Network, Melendrez-Kumpf
has raised funds for the RMHC®/HACER®
Scholarship Program. As vice
president of “Quality, Service and
Cleanliness” (QSC) for the Greater
Southwest region she leads
franchisees and operations and is
responsible for team development and
training for 720 restaurants, whose
annual sales top $1.4 billion. Her
region has been recognized for its
accomplishments in the area of
service, which continues to be a
catalyst of the company’s continued
sales and customer growth.
www.macdonalds.com
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Jacqueline L. Rosa
Executive Director of Global
Diversity & Work-Life
Initiatives |
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Morgan Stanley
In addition to
ranking among our top 12 companies,
Morgan Stanley is the most improved
company of the 2008 LATINA Style 50.
Morgan Stanley offers interactive
diversity training to facilitate
positive dialogue on issues such as
diversity and cross cultural
awareness. Several of Morgan
Stanley’s exceptional benefits
include payment of more than three-quarters
of its employees’ premium for
personal and family coverage as well
as flexible schedules for working
parents such as parental leave,
adoption assistance and emergency
backup child and elder care. It is
evident that Morgan Stanley
continuously seeks to improve and
offer routes to success. Mentoring
programs that match senior employees
with junior employees provide
valuable guidance and seminars like
"On Leadership — From Feedback to
FeedForward: Coaching for Leaders"
that are key for professional growth.
Jacqueline L. Rosa, a native of
Spanish Harlem and the Bronx joined
Morgan Stanley in 1999 and is
currently the executive director of
Global Diversity and Work-Life
Initiatives. In this capacity, Rosa
is vastly involved with Employee
Networking Groups and has
restructured its Supplier Diversity
Program. She has revamped the firm’s
Work-Life initiatives by
establishing programs such as
College Coach and onsite Lamaze
classes. Additionally, Rosa created
the Morgan Stanley Diversity High
School Internship Program which
grants paid internships to minority
high school students to familiarize
them with the financial services
industry. Rosa’s past experience
includes negotiating gaming
contracts for governments overseas
as marketing manager for Creative
Games International (CGI), an
affiliate of GTECH – a global gaming
company. She holds a degree in
communications and journalism from
Fordham University in New York City.
www.morganstanley.com |
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Lisa
Baltazar
International Vice President
& Deputy General Counsel |
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New York Life Insurance Company
Diversity
employed at and served by New York
Life is viewed as one of the
company’s biggest strengths.
Capitalizing on this strength by
anticipating the needs of a diverse
marketplace and preparing
individuals representative of it has
been a key component to the vast
success of this mutual insurance
company. New York Life supports over
30 Hispanic organizations, including
the National Hispanic Business
Association and the Hispanic
Alliance for Career Advancement and
participates with 25 Hispanic-serving
events such as the National Society
of Hispanic MBAs Annual Career Expo
and Latin Pro Job Fairs to assist
with recruiting talented Latinas.
Internally, the Latino Connection,
headed by two of New York Life’s
Hispanic executives, promotes
information-sharing and building
fellowship among colleages to build
relationships among various
departments that lead to positive
guidance and mentoring.
Lisa Baltazar is the international
vice president and deputy general
counsel of New York Life
International. Baltazar’s duties
include advising management on
transactions and agreements,
corporate governance and regulatory
matters, and helping New York Life’s
International General Counsel by
providing oversight support to
subsidiaries and affiliates in Asia
and Latin America. She is engaged in
New York Life Foundation-sponsored
National Hispanic Scholarship Fund
outreach programs and is on The
Latino Connection’s leadership team.
Baltazar graduated magna cum laude
from Stony Brook University in 1992,
holds a master’s in Public Policy
from Harvard University’s John F.
Kennedy School of Government and
received her J.D. from Columbia Law
School in 1998.
www.newyorklife.com |
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Marie Quintana
Vice President of
Multicultural Sales
Development |
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PepsiCo., Inc.
PepsiCo
strives to reflect the unique
experiences and perspectives of its
diverse consumer markets. For the
leader in convenient foods and
beverages, it is important to build
an inclusive work environment to
promote the best creativity and
innovation. PepsiCo recognizes the
ever-growing Hispanic population and
does its best to recruit and retain
top Latino talent. Adelante,
PepsiCo’s Hispanic professional
organization, contributes to the
expansion of opportunities of its
associates. The company’s fast-track
program identifies high-potential
Latinas during the annual people-planning
process, and senior leaders ensure
that there is a rich development
plan in place for them. PepsiCo
leverages its membership with the
National Minority Supplier
Development Council and the Women’s
Enterprise National Council to share
its contracting opportunities, and
in 2007 the allocation to Latina
businesses exceeded $50 million.
Marie Quintana
is vice president of multicultural
sales development, leading the sales
activation of PepsiCo’s ethnic
programs. This position entails
leading customer team strategy for
PepsiCo’s multicultural markets,
developing strategies to enhance
consumer loyalty, strengthening
community partnerships with
PepsiCo’s customers and supporting
local grassroots initiatives. Prior
to joining PepsiCo in 1998, Quintana
held leadership positions within IBM
and Perot Systems and established a
consulting firm that did business
with industry-leading companies. For
Quintana, a native of Cuba,
commitment to family and community
are equally important as work. She
serves as a committee chair for the
Network of Executive Women and holds
a bachelor’s degree from Louisiana
State University and master’s degree
from Tulane University.
www.pepsico.com |
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Grace Torres
Vice President, Mutual Fund
Investments, Prudential
Investments |
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Prudential Financial, Inc.
Prudential
Financial, Inc. offers a variety of
products and services including
mutual funds, annuities, real estate
brokerage franchises and relocation
services in addition to including
Prudential Insurance Company of
America, one of the largest life
insurance companies in the U.S.
Latinas at Prudential are highly
supported by a range of networks
that encourage personal and
professional development such as the
Hispanic Heritage Network (HHN).
Latinas presently hold 70 percent of
HHN’s guidance board. In addition to
HHN, Prudential Latinas currently
hold leadership positions within and
are supported by Women in Finance (an
internal network and development
group), Women of ALPFA (Association
of Latino Professionals in Finance
and Accounting) and WOMEN Unlimited
Inc. Also, Prudential is a member of
the National Hispanic Business Group
and the National Minority Supplier
Development Council (NMSDC) and
actively participates with the
Financial Services Roundtable – a
peer group of NMSDC members who
promote supplier diversity within
the financial services industry.
These brief highlights demonstrate
Prudential’s determination to hold
fast to its strategy of integration
of diversity into its policies and
practices.
Grace Torres, a graduate of New York
University with a bachelor of
science in accounting and management,
joined Prudential in 1994 as vice
president of Mutual Fund
Administration for Prudential
Investments and treasurer of the
Prudential Mutual Funds unit. In
this capacity Torres directs mutual
fund administration for all mutual
funds managed and/or administered by
Prudential.
www.prudential.com
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Melanie P. Healey
Group President, Global
Feminine & Healthcare GBU |
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The Procter & Gamble Company
The Procter &
Gamble Company prides itself on
providing high-quality branded
products worldwide. This consumer
goods manufacturer recognizes the
diversity of its consumers and
embraces the importance of employing
such diversity within the company.
The Procter & Gamble Company views
its companywide diversity as a
competitive advantage and leverages
the insight of its employees to
better understand consumer behavior.
The Procter & Gamble Company makes a
conscious effort to improve
retention levels of Latino
professionals for the company in the
U.S. Its continued support of the
Latino community is apparent in the
many programs it champions through
initiatives, community partnerships
and volunteerism. This stellar
company has a strong presence in
educational programs for the Latino
community, exemplified in its
partnership with INROADS, Society of
Hispanic MBAs, Society of Hispanic
Professional Engineers and Mexican
American Engineering Society, among
others. It has donated over $1.8
million to the Hispanic Scholarship
Fund in the past 31 years and
established 28 young readers
programs nationwide in the last six
years.
Melanie P. Healey is the Group
president, Global Feminine and
Healthcare GBU at The Procter &
Gamble Company. Healey’s diverse
background affords her a better
understanding of consumer needs as
she develops and markets high
quality products for The Procter &
Gamble Company. She held various
positions in her native country,
Brazil, where she started her career
as the brand manager of Phebo Soap
for The Procter & Gamble Company,
moving on to its Headquarters in
July 2001. She earned a degree in
business administration from the
University of Richmond. It was at
Richmond that she discovered her
interest in marketing and consumer
products. Healey is an example to
all Latinas to embrace their
interest and follow it to success.
www.pg.com |
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Magda Yrizarry
Vice President of Workplace
Culture for Diversity &
Compliance in Corporate
Human Resources |
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Verizon Communications, Inc.
Customer
commitment is at the core of
Verizon’s diversity strategy. The
ability to echo its customers and
match their needs is pivotal to the
overall performance. In addition to
internal promotions to ascend
Latinas within the ranks, Verizon
secures relationships with many
schools and Hispanic organizations
that aid in drawing in Latina talent.
These organizations include: the
National Hispanic Chamber of
Commerce, the National Society of
Hispanic MBAs, the National Society
of Hispanic Professional Engineers,
the Society of Women Engineers and
the Association of Latino
Professionals in Finance and
Accounting. Moreover, Verizon’s
Hispanic employee resource group,
Hispanic Support Organization (HSO),
is devoted to guiding, educating,
raising awareness and increasing
sensitivity to issues affecting
Latinos within and outside the
company.
As vice president of Workplace
Culture for Diversity and Compliance
in Corporate Human Resources for
Verizon, Magda Yrizarry is
responsible for strategic human
resource issues and policies related
to diversity, ethics and workplace
programs. Yrizarry joined Verizon in
1990 and was previously responsible
for managing a $75 million
charitable budget and overseeing a
workforce development portfolio that
included scholarship programs,
diversity initiatives and economic
development projects for the Verizon
Foundation. Driven by the quote, “To
whom much is given, much is expected,”
Yrizarry is vigorously involved in
the Hispanic community. She is a
founding member of 100 Hispanic
Women as well as executive board
member of the ASPIRA Association and
served on the Board of Education
Committee on Bilingual and Special
Education in New York City.
www.verizon.com
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