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U.S. Firms Quadruple Latino Board Hires in Slow Diversity Push

Latinos hold 3% of Fortune 1000 board seats, but make up 20% of U.S. population

RF board room Conference office work

Photographer: Peshkova/iStockphoto/Getty Images

U.S. publicly-listed companies more than quadrupled the appointment of Latino executives to their boards in the first quarter, a small step toward addressing ethnic and racial inequality across the top corporate ranks.

About 82 Latinos joined the boards of public companies between January and March, up from the 19 appointments the same period a year ago, according to data from the Latino Corporate Directors Association released on Friday. As many as 33 of those individuals are serving on a board for the first time.