Latinos are the nation’s largest ethnic or racial minority and its fastest-growing group
Cisco Systems, the multinational tech giant based in San Jose, has no Latino on its board of directors.
Across a huge screen at a recent San Diego business conference, before 6,300 executives and professionals, Aguilera splashed the names of 47 of the nation’s Fortune 100 corporations with no Latino directors. “We don’t want anybody to be under-engaged, whether they’re African American or Asian American or Anglo American. But we do want to see Latino and Latina Americans at par,” said Solomon Trujillo, a former chief executive of telecommunications firm U.S. West who joined Western Union’s board in 2012.
An Exxon Mobil spokesperson declined to comment on the lack of Latinos on the company’s 13-member board, which has two Black directors, but said the board “believes diversity of thought, experience, and background is critical for successful governance.” But frustration over the slow pace of progress is spurring bold tactics. Latino Voices for Boardroom Equity, a coalition including civil rights groups UnidosUS and the Mexican American Legal Defense and Educational Fund, has launched a public online tracker showing how many Latinos, if any, are on the board of each Fortune 1000 company.
The letters, offering to provide lists of “highly qualified” candidates, request meetings to discuss diversity plans “inclusive of Latinos.” But the tally is so far underwhelming: Just 3.7% of the directors of California’s largest 505 companies are Latino, according to a January survey by the data analytics firm ISS Corporate Solutions. That compares with 14.6% who are Asian and 6.2% who are Black.
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