Latino Group Pressures California Companies for More Directors
Hispanic men and women hold only 2% of the seats at the state’s public companies.
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A group advocating for Latino board members hopes that the glare of publicity will pressure California companies into adding Hispanic corporate directors.
The Latino Corporate Director Association’s new director tracker showed that Latinos hold only 2.1% of the board seats at 674 public companies in the state even though Hispanics are California’s largest ethnic group, at 39% of the population. Non-Hispanic White people, who make up 37% of the state’s residents, hold the vast majority of the seats. Black people, who are 6.5% of the state’s population, hold 2.9% of seats, the data show.