Nearly one in five US residents is Hispanic or Latino, according to the Census Bureau. But less than 3% of board directors are Latino, a 2019 report by KPMG and the Latino Corporate Directors Association found.
“The gap between workforce and leadership is widest amongst the Hispanic population — even more so than the Black or Asian population,” Vianni Lubus, the vice president of The Alumni Society, a network of mid-level to senior Latino leaders who graduated from top US universities, told Insider. In California, Latinos make up 40% of the population but hold only 2% of the state’s board seats, Lubus said.
The Alumni Society is partnering with the online talent marketplace TheBoardlist to help corporations find talented Latino leaders and increase the number of Latino board members.