Companies say they want diversity. So why are Latinos left off corporate boards?

“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

Trujillo condemns the dearth of Latino board members, given the size of the Latino market and the importance of cultural knowledge. Companies without Latino directors risk “leaving money on the table,” he said. Cisco and Intel spokespeople said their leaders value diversity but declined to elaborate on why their boards, which include Black and Asian directors, have no Latinos. Other Fortune 100 companies called out for lacking Latino directors offered statements of support for diversity without addressing the composition of their own boards.

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 publicSo far, 650 lack any Latino director. The group’s mission: Increase the ratio of Latino directors to 1 in 5 — equivalent to the Latino share of the U.S. population.

An earlier law in 2018, also a first, had ordered California companies to appoint female directors. Both board measures are. Conservative challengers argue that any quotas violate the California Constitution’s equal-protection clause. Over the last two years, the coalition has written to more than 580 chief executives of publicly traded California corporations declaring it “unacceptable” that “your company profits from Latino culture and Latino purchasing power, but your corporation has no Latinos on its board of directors.”

margotroosevelt Equity is not the same as equal. You can’t force something & pretend that’s equal.

margotroosevelt clearly, democrats hate latinos (2018 numbers)

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Companies are diversifying their corporate boards. But Latinos are left behindLatinos are the nation's largest ethnic or racial group with 18.9% of the population, yet few ascend to the pinnacle of U.S. corporate power: board member. margotroosevelt I mean, 1 in 3 of them have it. Right? margotroosevelt Boo fucking hoo. Perhaps it's a personal choice and you guys are just racist for doing the thinking for them. margotroosevelt 🤔 you’re saying Latinos make up 1/5 of the U.S population and 1/3 of the largest companies have Latino directors
Herkunft: latimes - 🏆 11. / 82 Weiterlesen »

Companies say they value diversity. So why are Latinos left off corporate boards?Latinos comprise 40.2% of California’s population. Yet Latinos are the most underrepresented group on California boards, making up only 3.7% of the boards of directors in the 505 largest publicly-traded companies in the state. margotroosevelt reports: LatinX Oh boy!! This’ll really make me feel better about Latinx-run-banks (aka “banx”) getting bailed out by the government! Tech more racist than the South. Blake Lemoine mentioned witnessing more racist shit working for Google than living in Alabama. Tech likes to paint itself as liberal corporations that wanna change the world for the better. I call bull caca!
Herkunft: latimes - 🏆 11. / 82 Weiterlesen »

San Mateo Co. school board sues social media companies over mental health crisisThe San Mateo County Board of Education and its superintendent are suing some of the biggest names in social media. A ploy to use taxpayer $ to get name recognition to grift into higher office. Social media is parental responsibility and they know it.
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Murphy unveils plan to support N.J. companies hurt by collapse of Silicon Valley BankThe surprise collapse of Silicon Valley Bank last week marked the second-largest bank failure in U.S. history. wish he would just go back to Goldman Sachs and leave NJ alone!!! If all the deposits are being made whole by the federal govt what more support do these businesses need? At the expense of the company employees. All ready law firms are telling their staff they won't be getting a raise and those who had five weeks of paid vacation now have for weeks of paid vacation. Scum bags they took one paid week already.
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