2014 HACR SUMMER CORPORATE OBSERVER

HACR

YHCA

SAN DIEGO, CA

HOSTED ANNUAL HACR SYMPOSIUM: THE POWER

HACR

OF HISPANIC INCLUSION ™

CDS

CARLOS DOUBLEDAY

FEATURED IN WALMART LEADERSHIP INTERVIEW SERIES HACR

CEF

HACR ANNUAL

SYMPOSIUM HACR

CAS

CORPORATE OBSERVER

VOLUME 17, NO. 2 2014

EMPLOYMENT · PROCUREMENT · PHILANTHROPY · GOVERNANCE

A MESSAGE FROM THE PRESIDENT & CEO

COLLEAGUES AND FRIENDS, It’s a pleasure to introduce myself as your new President and CEO. In July, I decided to leave Wall Street after two decades to join HACR. As an alumnus of HACR’s programs, I’ve seen how the organization has grown over the years and I’m excited to come on board at a time when so many great things are happening.

This past spring we hosted the 22nd Annual HACR Symposium: The Power of Hispanic Inclusion™, reminding us of the many years HACR has been dedicated to advancing Hispanic inclusion in Corporate America. This year’s annual programs were held in San Diego, CA at the iconic US GRANT Hotel from April 4 – 8. The Annual HACR Symposium gathered hundreds of Hispanic leaders from Corporate America to participate in discussions and listen to influential speakers. A highlight of this year’s program was an intimate CEO Series with McDonald’s first African American CEO Don Thompson. Thompson spoke of his ascent in Corporate America, and his humble beginnings in Chicago’s Cabrini Green Projects, an area riddled with gang violence.

This year HACR introduced new structures and elements into the Annual Programs. This year’s HACR Corporate Achievers Summit (CAS) began alongside the HACR Corporate Executives Forum™ (CEF) and HACR Corporate Directors Summit™ (CDS) while the HACR Young Hispanic Corporate Achievers™ (YHCA) Program welcomed its eighth and largest class ever. Made possible by our host sponsor, Target, this year’s HACR CAS, CEF and CDS closing dinner was held at The Prado at Balboa Park, one of San Diego’s cultural landmarks.

With this issue of the Corporate Observer we also continue to bring you the Walmart Leadership Interview Series. In this installment, we have a feature interview with Carlos Doubleday, Sam’s Club senior vice president operations support.

I’d like to thank all of our supporters for seeing us through all of these developments. The evolution of our organization is inspiring, and I can’t wait to see where we will go from here.

Best regards,

Cid Wilson

BOARD OF DIRECTORS Margaret Moran League of United Latin American Citizens HACR Board Chair Guarione Díaz Cuban American National Council HACR Board Vice Chair Ronald Blackburn-Moreno ASPIRA Association, Inc. HACR Board Treasurer Dr. Juan Andrade, Jr. United States Hispanic Leadership Institute HACR Board Secretary Janet Murguía National Council of La Raza HACR Immediate Past Chair Angel Zuniga American GI Forum of the United States The Honorable Rubén Hinojosa Congressional Hispanic Caucus Institute, Inc.

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CORPORATE OBSERVER The Honorable Lincoln Díaz-Balart Congressional Hispanic Leadership Institute, Inc. Dr. Antonio R. Flores Hispanic Association of Colleges and Universities Amy Hinojosa MANA, A National Latina Organization Martha Montoya National Association of Hispanic Publications Cecelia Espenoza National Hispana Leadership Institute Rafael Fantauzzi National Puerto Rican Coalition Manuel “Manny” Gonzalez National Society of Hispanic MBAs Ignacio Salazar SER-Jobs for Progress National, Inc. Javier Palomarez United States Hispanic Chamber of Commerce

The Corporate Observer is a publication of the Hispanic Association on Corporate Responsibility (HACR). HACR’s mission is to advance the inclusion of Hispanics in Corporate America at a level commensurate with our economic contributions.

Cid D. Wilson President and CEO Vanessa Bowling Executive and Operations Assistant Emma Etheridge Programs and Initiatives Manager Dr. Lisette Garcia Director, HACR Research Institute Kevin Klich Senior Manager, Finance and Administration Jason D. León Senior Director, Corporate Relations, Communications, and Programs Cecilia Majors LCDA Program Manager Ariana Solis Gomez Communications and Programs Associate

2015hacr HISPANIC ASSOCIATION ON CORPORATE RESPONSIBILITY

23rd annual hacr symposium: the power of hispanic inclusion™

HACR.ORG

ATLANTA GEORGIA

THE RITZ-CARLTON, BUCKHEAD

4.27.15-4.28.15

22ND ANNUAL HACR SYMPOSIUM: THE POWER OF HISPANIC INCLUSION ™

22ND ANNUAL HACR SYMPOSIUM: THE POWER OF HISPANIC INCLUSION ™ The 22nd Annual HACR Symposium: The Power of Hispanic Inclusion™ was held April 7-8 at San Diego’s iconic US GRANT Hotel located in the heart of the historic Gaslamp District. The annual event brought together an impressive group of corporate executives, experts, and government officials to create a powerful dialogue about Hispanic inclusion in Corporate America. Target Corporation once again participated as the host sponsor, maintaining its commitment to promote cultural diversity in the workplace.

The opening business session was led by Luke Visconti, CEO of DiversityInc. Mr. Visconti founded DiversityInc in 1998 and directs all operations including the methodology for The DiversityInc “Top 50 Companies for Diversity,” now in its 14th year. His thought provoking talk explored why diversity efforts have stalled and led to a lively discussion on the challenges companies face in diversifying their workforce.

During the Symposium, participants also had the opportunity to attend a C-Suite roundtable with senior level corporate executives, including: Jose M. Barra, senior vice president of healthcare & beauty merchandising at Target, Michael Dominguez, senior vice president for MGM Resorts International, and Graciela Montgomery, chief HR officer for Deckers Outdoor Corporation. Dr. William Klepper from Columbia University engaged the panelists in an insightful conversation on key leadership traits, career stumbling blocks they have overcome, and the role of sponsorship in advancing their careers.

HACR also celebrated 10 years in partnership with the Alliance for Board Diversity (ABD) in San Diego. Symposium participants were treated to a discussion on board diversity in the future moderated by Pat Prout from The Prout Group Inc., which included Linda Akutagawa, president & CEO of Leadership Education for Asian Pacifics, Inc. (LEAP),

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Ilene H. Lang, former president & CEO of Catalyst, Ronald C. Parker, president & CEO of The Executive Leadership Council (ELC), and HACR’s Interim President & CEO, Frank D. Alvarez. Panelists discussed their victories and challenges over the last 10 years and the future of the Alliance.

The second day of the 22nd Annual HACR Symposium kicked-off with a panel led by Dr. Lisette Garcia, director of the HACR Research Institute (HRI) and featured an array of panelists who shared keen insights on trends in supplier diversity and best practices for increasing supplier diversity.

Javier Goizueta, president of The Coca-Cola Company’s global McDonald’s division and son of Hispanic business icon Roberto Goizueta, was featured in a C-Suite fireside chat filled with personal insights of his experience in Corporate America.

Also part of the program was a conversation with Eduardo Tobon, president of Diners Club International. Mr. Tobon was the highlight of the Symposium networking lunch, offering a unique perspective on his career then and now, and what has defined success for him.

New this year was the business session dedicated to the State of Latinos in California. This panel featured leaders from the Hispanic IT Executive Council (HITEC), Hispanics in Philanthropy (HIP), Hispanas Organized for Political Equity (HOPE), the National Association of Latino Elected and Appointed Officials (NALEO), and the Hispanic Scholarship fund (HSF). Panelists discussed issues of concern for the Latino community in their respective sectors and Symposium attendees were able to engage in a lively discussion about what the future holds for Hispanics.

22ND ANNUAL HACR SYMPOSIUM: THE POWER OF HISPANIC INCLUSION ™

Jose Ruano accepting a service award from the HACR Board of Directors.

DiversityInc’s Luke Visconti.

Target’s Christine Ingrando and Corey Smith.

HACR Board Members with San Diego City Supervisor Greg Cox.

Before the program ended, Donald Thompson, president & CEO of McDonald’s led the HACR CEO Series with a memorable conversation moderated by Norma Garcia of Telemundo Dallas. The Symposium then concluded with an award ceremony recognizing the 2014 HACR Young Hispanic Corporate Achievers™ class, the present and future of Corporate America.

2015hacr HISPANIC ASSOCIATION ON CORPORATE RESPONSIBILITY

As one of the most influential voices for Hispanics in Corporate America, the Symposium successfully served as a forum to discuss corporate responsibility and market reciprocity for the nation’s growing Hispanic population. We look forward to hosting the 23rd Annual HACR Symposium next year in Atlanta at the Ritz-Carlton, Buckhead, in Atlanta, GA on April 27-28.

23rd annual hacr symposium: the power of hispanic inclusion™

ATLANTA GEORGIA

THE RITZ-CARLTON, BUCKHEAD

4.27.15-4.28.15

HACR.ORG

CORPORATE OBSERVER

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ANNUAL HACR

SYMPOSIUM 2014 SPONSORS HOST

BREAKFAST

WELCOME RECEPTION

CMYK Form (preferred) LUNCHEON

PLATINUM

Ford Motor Company

Black andFEED White Form SOCIAL MEDIA SPONSOR

GOLD

Ford Motor Company

OFFICIAL AIRLINE SPONSOR

SILVER

AT&T MILLERCOORS UNITED PARCEL SERVICE (UPS) ATTENDEE BADGE SPONSOR

OFFICIAL LIVE STREAM SPONSOR File Format: CMYK.EPS Ford Oval: CMYK Text: Black

Ford Fund Master 6/2003

BW.EPS

Black

BUSINESS SESSIONS

PRESS ROOM

AARP GENERAL MOTORS MGM RESORTS INTERNATIONAL

REPÚBLICA

SPEAKERS LOUNGE

GENERAL MOTORS

COMERICA BANK

REFRESHMENT SPONSOR THE COCA-COLA COMPANY

HISPANIC ASSOCIATION ON CORPORATE RESPONSIBILITY

Black

PARTNERS IN PROGRESS The Hispanic Association on Corporate Responsibility would like to thank Target for its continuing support of the Annual HACR Symposium, HACR Corporate Directors Summit™, and HACR Corporate Executives Forum™. Your partnership is vital in our mission to advance the inclusion of Hispanics in Corporate America.

HACR.ORG

THE BULLSEYE DESIGN IS A REGISTERED TRADEMARK OF TARGET BRANDS, INC.

WALMART LEADERSHIP INTERVIEW SERIES

WALMART LEADERSHIP INTERVIEW SERIES Over the next year, HACR will highlight leaders who are advocating for Hispanic inclusion. The Walmart Leadership Interview Series will be featured in HACR’s publications, website, and social media platforms.

The interviews will highlight Hispanic leaders who are making a difference within their companies and communities, including representatives from Walmart. During the interviews, topics will revolve around the lack of Hispanic inclusion in Corporate America, best practices to improve representation within companies, personal insights to help increase the representation in Corporate America, and advice on how they’ve been successful in their careers.

CARLOS DOUBLEDAY SAM’S CLUB

BY: PAULINE RIVERA, LA VOZ

“We have to continue to be advocates, we have to continue telling stories of successful leaders who are Hispanic and let people know there is opportunity out there and there are great companies looking for top talent.”

Carlos Doubleday is not your ordinary Hispanic by any means. His Honduran father and Cuban mother raised Doubleday and a younger sister in New Orleans. Following high school, he attended Nichols College for a short period of time, but joined the Walmart Corporation, specifically, Sam’s Club at the age of 19.

know maintaining our position as the world’s largest retailer means ensuring our merchandise reflects the community it serves.”

His tenure with Sam’s Club dates back to 1986, since then, Mr. Doubleday has worked in many positions starting out as an hourly employee and climbing his way to the Senior Vice President Operations Support for Sam’s Club, a division of Walmart – the world’s largest retailer.

“One program I am involved with here is Mi Futuro which is aimed at reaching 8th graders. We know that 8th grade is a pivotal time in a young person’s life – they are just about to go off to high school, they start forming their own opinions and really start to think about what’s happening around them.

It’s also a time when they can succumb to peer pressure, which may result in a good or bad decision.”

With over 640 locations nationwide, Sam’s Club knows that an increasing Latino population impacts their vision.

“From a business perspective, understanding that the Hispanic population is the fastest growing population, and in 2050 will be the majority, means the Hispanic Sam’s Club member is important to our company’s continued success. We

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But it’s not just about winning over the Hispanic consumer it’s about working with the community to build a stronger future for the children of tomorrow as well.

Through the program, club managers invest their time and attention in their communities and the children within those communities.

“Mi Futuro involves monthly school visits and creates a mentoring

WALMART LEADERSHIP INTERVIEW SERIES relationship between club managers and the students and though we target school districts with a large Hispanic student population, program participation is not limited to Hispanic students – it’s all inclusive.”

either, according to Doubleday, “you have to perform at a high level and drive results and hard work and perseverance are key – nothing is given, everything is earned in life as in Corporate America.”

“Mi Futuro is a program that was started by our Hispanic Employee Resource Group and serves as part of our community investment aimed at shaping the next generation of leaders – it’s an investment we are proud to make.”

Perhaps his greatest lesson in leadership came directly from Mr. Sam Walton himself. As a young manager in his early twenties, he saw firsthand how Mr. Sam interacted with associates.

But their community engagement doesn’t end there. In fact Sam’s Club recognizes the importance of working with colleges and universities across the country to ensure its workforce reflects the demographics of the U.S. population.

“Sam’s Club actively recruits new associates on-campus, I believe our organization is doing a great job in recruiting the best talent. There are many stories like mine at Walmart and Sam’s Club - a 19 year-old who started at an hourly wage, and 28 years later is now working for the top Fortune 500 company, but I know you have to get your degree. Young people should be very proud to earn their degrees.”

He didn’t complete a college education but hard work and persistence earned him a top spot at the world’s largest retailer and private employer. In spite of his story of success, he continually advocates for education, recognizing its continued importance along with building your brand and reputation, in every aspect of your life. He adds, having great leadership skills and the ability to listen are equally important.

These are all qualities that effective leaders in Corporate America possess.

In fact, for Doubleday, being a leader in Corporate America requires you to have high morals, integrity, and respect for the individual, your team, your customer, and your supplier.

Without these things, success will be difficult to attain.

Possessing those qualities won’t automatically guarantee your success

“He’d carry around a note pad and ask associates questions – how things were going, how managers were treating them – and he made notes and listened – he had a way of making you comfortable and at ease – it resonated with me. Today I make it a point to take time and visit with associates – I care about them and I want them to know someone is thinking about them.”

opportunity out there and there are great companies looking for top talent.”

Outside of work, Doubleday is a proud father and husband. He has four children: Carlos, Jr., 27; Erika, 25; Pauline, 19; and Sarah, 12. The two older kids live in New Orleans while Doubleday, his wife, Alma, and their two younger children live in Bentonville, Arkansas.

Pauline Rivera is a reporter with La Voz, a member publication of the National Association of Hispanic Publications, Inc. (NAHP). NAHP is a non-partisan trade advocacy organization representing the leading Spanish language publications serving 41 markets in 39 states, the District of Columbia and Puerto Rico, with a combined circulation of over 23 million.

His work is more than a job to him, and associates are more than just people who work for him, Doubleday recognizes the value of each and every relationship he cultivates and that certainly is one of his personal characteristics that has helped him get where he is today.

These same principles carry over to his feelings on diversity. His involvement with the Hispanic Officer Caucus is where he is able to cultivate relationships to develop talent within the company. The caucus is a group of companywide Hispanic officers who meet to discuss increasing the pipeline of qualified Hispanic executives to fill top positions within the company.

Personally, Doubleday says “we’ve got to continue to cultivate leaders within the company. We’ve got a responsibility to go out there and find and mentor these folks to get them to the next level.” It’s an extension of what he learned from Mr. Sam – he’s going out there and listening to what’s going on around him and actively working to make a change. Doubleday adds “we have to continue to be advocates, we have to continue telling stories of successful leaders who are Hispanic and let people know there is

CORPORATE OBSERVER

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HACR COALITION MEMBER NEWS

CHCI HELD 2014 HISPANIC HERITAGE MONTH CELEBRATION, LOS LOBOS PERFORMS AT GALA CHCI recently held its 37th Annual Hispanic Heritage Month celebration in Washington, DC, September 30-October 2, 2014. This year’s theme was Building our Future, Together. CHCI hosted the nation’s premier events commemorating Hispanic Heritage Month (HHM), which drew more than 3,000 Latino leaders from across the country to its Public Policy Conference, Reyes of Comedy, and Annual Awards Gala.

“This year’s theme and events reflected the growing strength of our community and the tremendous impact Latinos will have on the future success of America,” said Esther Aguilera, CHCI president & CEO. “For the past 37 years, CHCI has worked together with its board of directors, advisory council, strategic partners, and other stakeholders to successfully build a pipeline of talent by educating, empowering, and connecting the next generation of Latino leaders.”

Legendary East Los Angeles Chicano rock band Los Lobos performed at the 37th Annual Awards Gala on October 2.

The multiple Grammy Award-winning band, influenced by rock and roll, Tex-Mex, folk, R&B, blues, brown-eyed soul, and traditional music such as cumbia, boleros, and norteños, celebrates its 40th anniversary in 2014.

For more information on CHCI, please visit www.chci.org.

HACU’S 28TH ANNUAL CONFERENCE The Hispanic Association of Colleges and Universities (HACU) Annual Conference provides a unique forum for the sharing of information and ideas for the best and most promising practices in the education of Hispanics. With HACU-member institutions enrolling twothirds of all the Hispanic college students in the nation, the conference offers Corporate America access to a rich source of diverse talent.

The 2014 conference theme, “Championing Hispanic Higher Education Success: Investing in America’s Future,” was the focus of workshops, presentations, and sessions, including a session on the HACU National Internship Program, which has placed more than 10,000 students with federal agencies and corporations. The conference’s Student Track attracted 400 students eager to discuss career opportunities.

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This year’s conference was held at the Sheraton Denver Downtown Hotel, Oct. 4-6, 2014. For more information on HACU, visit www.hacu.net.

HISTORY IS IN THE MAKING AND THE NATIONAL ASSOCIATION OF HISPANIC PUBLICATIONS IS A VITAL PART OF IT. “Empowering a well-informed Hispanic community through strong print and digital publishers.”

Our Hispanic publications are part of a historical reshaping of industry standards on all fronts: technology, content delivery, and new business models. A couple of years ago, who would have thought that billionaires would be investing in mainstream print. Yet today, from Jeff Bezos acquiring The Washington Post, to Carlos Slim the New York Times and Warren Buffet investing into as many as 28 local community newspapers, it is happening all around us and it is exciting! Content, professionals of content, and connection to the readership and communities are the key assets to these acquisitions and we are right in the middle of it!

Technology is in constant motion and as we leap onto these new technologies, our publications continue to be true to our core target, and that is content relevance!

Corporations, State, and Federal agencies understand the strength and importance of our publications to maintain our local communities informed and engaged.

Be it minority, women or mainstream owned, this is an important and relevant sector now to the economy at large.

EVA LONGORIA AND MARIO LOPEZ TO CO-HOST THE 2014 NCLR ALMA AWARDS® Acclaimed Latina actress, advocate and producer Eva Longoria will be gracing the stage once again with television personality and actor Mario Lopez to co-host the “2014 NCLR ALMA Awards.” The ground-breaking awards show will simulcast live on MSNBC and mun2 as a one-hour prime-time special on Friday, October 10, 2014, at 10 p.m.

EST/7 p.m. PST, followed by “After the ALMAs with Alex Wagner,” live on MSNBC at 11 p.m. EST/8 p.m. PST. The “2014 NCLR ALMA Awards” honorees include: • Award for Industry Excellence: GUILLERMO DEL TORO presented by Zoe Saldana

HACR COALITION MEMBER NEWS • Special Achievement in Television: The Cast of

“ORANGE IS THE NEW BLACK” Selenis Leyva and

Dascha Polanco • Special Achievement in Film: “CESAR CHAVEZ” • Special Achievement in Music: PITBULL • Special Tribute: 2014 Hispanic Recipients of the

Congressional Medal of Honor presented by

Michael Peña During the one-hour livestreamed pre-show, Charo, the flamboyant and unforgettable actress and comedienne who became a crossover star and household name when there were few Latinos on television, will be presented with the Ricardo Montalban Award for Lifetime Achievement. Legendary rock en espanol band Café Tacuba will receive the NCLR ALMA de Tú Mundo Award, a joint award presented by NCLR and Telemundo in recognition of the band’s 25th anniversary of fusing rock, language and culture in to a global alternative rock scene.

For additional information, including announcements about the host, presenters and performers at this year’s ceremony, visit www.almaawards.com or follow the show using our handle on Twitter: @almaawards, and on Instagram: instagram.com/almaawards, or with the hashtag #ALMA14.

SER-JOBS FOR PROGRESS NATIONAL, INC., CELEBRATES 50 YEARS 1964-2014 Change was in the air in 1964, the tragic loss of President John F. Kennedy propelled Lyndon B. Johnson into the world spotlight. It was the year of The Great Society program, as well as the Gulf of Tonkin resolution, which cleared the way for the Vietnam War, and the passage of the Civil Rights Act.

the possibility of poverty and helped them achieve their dreams of a better tomorrow and continues to do so today – and perhaps for another 50 years!

UNITED STATES HISPANIC LEADERSHIP INSTITUTE Named the National Organization of the Year by Univision Communications in 2012, USHLI is a Chicago-based award-winning organization whose mission is to fulfill the promises and principles of democracy by promoting education, leadership development, research, and social integration.

Founded in 1982, approximately 500,000 present and future leaders have participated in USHLI’s leadership programs. Over 400 studies and reports on Latino demographics have been published. More than 2.2 million citizens have been registered to vote, including over 130,000 newly naturalized citizens. And 1.3 million dollars have been awarded in scholarships and internships to economically disadvantaged college students. In addition, USHLI sponsors the largest Latino leadership conference in the nation, which is attended annually by over 6,000 past, present, and future leaders representing 40 states.

USHLI’s flagship program is the Student Leadership Series, which is designed to help create a Culture of Education by reducing the drop-out rate, increasing the graduation rate, increasing the number of students pursuing some level of post-secondary education or training, engaging parents more effectively, and improving the cultural competencies of education professionals. The program will impact 200,000 students, teachers, and parents in 30 states in 2014.

In his first State of the Union address, President Johnson declared a war on poverty. Inviting all Americans to join him in the anti-poverty effort, he noted that the war against poverty would not be won in Washington. That was understood by the League of United Latin American Citizens (LULAC) and the American GI Forum (AGIF), who partnered to found SER-Jobs for Progress National, Inc. It was against this tumultuous and rapidly changing backdrop that Project SER was born — incubated by LULAC in 1964 in a small, building in Corpus Christi as a job bank specifically dedicated to address the employment needs of Mexican Americans.

Today, SER National and its affiliates proudly serve over 1 million people per year. SER has transformed the lives of many people, young and old alike, freeing them from CORPORATE OBSERVER

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2014 HACR CORPORATE DIRECTORS SUMMIT™ RECAP

2014 HACR CORPORATE DIRECTORS SUMMIT ™

Top Row: Patricia Diaz Dennis, Victor Arias, Jr., Linda Griego, Jose Luis Prado, and Gerardo Lopez. Middle Row: Eduardo Rodriguez, Dr. Elsa Murano, Lu Córdova, Irene Esteves, Alejandro Silva, Monica Lozano, Charles García, and Frank Ramirez. Front Row: Judge Nelson A. Diaz, Grace Lieblein, Kimberly Casiano, Albert Zapanta, Patricia Salas Pineda, Michael Montelongo, Cari Dominguez, Honorable Ken Salazar, and Tom Castro.

The seventh annual HACR Corporate Directors Summit™ (CDS) convened in San Diego, from April 4-6. Since 2008, Hispanic corporate directors have gathered annually at the HACR CDS to share thoughts with peers on the advancement of corporate diversity and the state of Latino participation on the boards of Corporate America.

Recognizing the need to increase the number of Hispanics serving on corporate boards, at the 2010 HACR CDS, the CDS participants discussed the need to launch a new entity led by directors to drive the necessary change in Corporate America. In 2011, a recommendation was put forth to form the Latino Corporate Directors Association (LCDA) and the Latino Corporate Directors Educational Foundation

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(LCDEF). In 2012, an interim board was appointed, a mission statement was adopted, and the LCDA & LCDEF were both officially incorporated. At this year’s annual meeting, the Latino Corporate Directors Association (LCDA) held their first business session.

On Sunday, April 6, the LCDA Founding Board of Directors invited directors to join and contribute in the discussion of the strategic planning process. Orlando Padilla, founder of Padilla Networks LLC, and Carmen Joge, vice president of governance for the Congressional Hispanic Caucus Institute, facilitated the discussion. Through the LCDA, members will strategize how to increase the number and influence of Latinos on corporate boards.

2014 HACR CORPORATE DIRECTORS SUMMIT™ RECAP

HACR program participants.

Target’s Ken Salazar.

The LCDA held a special members-only director education session entitled “Influencing the Nominating and Governance Process” with a panel of experts including: Monica Lozano, CEO and chair of Impremedia, and director of Bank of America, The Walt Disney Company, University of Southern California, Weingart Foundation, and Rockefeller Foundation; Vilma Martinez, former U.S. Ambassador to Argentina, retired partner, Munger, Tolles & Olson, retired director, Anheuser-Busch Companies, Burlington Northern Santa Fe, Fluor, and Shell Oil; and Gary Sutton, retired CEO, author, investor, director, Pulse Electronics, Websense.

In addition to inaugurating the LCDA’s first session, CDS participants attended intensive business sessions and networked with Hispanic corporate executives. Participants joined the HACR Corporate Executives ForumTM (CEF) for a session entitled, “A Look into the Corporate Boardroom from a CEO and Board Member Perspective” with a panel of experts including Donald Knauss, chairman and CEO of The Clorox Company, and Dr. Richard Carmona, board member, The Clorox Company and Herbalife, and vice-chairman and CEO, Canyon Ranch Institute. Victor Arias, Jr., a senior client partner and global leader of diversity and inclusion for Korn/ Ferry International, moderated the panel.

On Saturday night, participants attended the Hispanic Executive Magazine and Quaker Foods North America “Best of the Boardroom” reception in the Rock Star Elevation Suite of the Hard Rock Hotel San Diego. Hispanic Executive Magazine presented an award to Jose Luis Prado, president of Quaker Foods North America, PepsiCo, and lauded his various achievements throughout his 28-year career with PepsiCo.

Jose Luis Prado, Victor Arias, Jr., and Lou Miramontes at the Best of the Boardroom reception.

HOST

SPONSORS

Participants concluded their stay in San Diego with a closing reception and dinner hosted by Target at The Prado in Balboa Park. Angel Martinez, president and CEO of Deckers Outdoor Corporation delivered remarks and urged participants to stay involved in the education of younger generations of Hispanic Americans.

The next HACR CDS annual meeting will be held in Atlanta at the Ritz-Carlton, Buckhead from April 24-26, 2015.

CORPORATE OBSERVER

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2014 HACR CORPORATE EXECUTIVES FORUM™ RECAP

2014 HACR CORPORATE EXECUTIVES FORUM™

Top Row: Monica Diaz, Orlando Padilla, Isaura Gaeta, Carlos F. Orta, Richard Camejo, David Ruiz, Raquel Egusquiza, Juan Carlos Gutierrez, and Ben Alvarado. First Middle Row: David Mirelez, Andrew Ortiz, Joe C. Ponce, Alma L. Crossley, George Velez, Alejandro Hernández, Rafael Torres, Mariana Monteiro, Rafael Díaz-Granados, Rudy Beserra, and Louis P. Miramontes. Second Middle Row: Ed Loya, Frank P. Ros, Consuelo Madere, Rick Ramirez, Gustavo Viaño, Jose Avalos, Jorge Pérez Izquierdo, David J. Mondragon, Daniel Ayala, and David Olivencia. Front Row: Mariely Bandas-Franzetti, Jennifer Armogan, Lorie Valle-Yañez, Michael Dominguez, Georgette Borrego Dulworth, James W. Sarvis, Christine Ingrando, Juan Galarraga, Daisy M. Auger-Domínguez, and Sandra Lopez.

The 2014 HACR Corporate Executives Forum™ (CEF) welcomed the nation’s foremost Hispanic executives to San Diego, CA to exchange views on challenges, best practices, and business solutions. From April 4-6, attendees participated in intensive business sessions and networked with corporate directors at the iconic US GRANT Hotel.

The program was founded in 2006 with a grant from Ford Motor Company and today, it executes its mission through the support of host sponsor, Target and others, along with generous contributions from twelve corporate Legacy Member companies and two Visionary Members in a partnership to form an endowment to expand the CEF.

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According to Frank Ros, CEF participant and vice president of Hispanic strategies for The Coca-Cola Company, “The HACR CEF continues to get better every year. It’s great to see fellow Latino corporate executives getting engaged and excited about the quality of the speakers, panelists, networking, and the sharing of best practices.”

This year, a special executive session was held to develop the HACR CEF strategic plan framework. The project began in November 2013, and was further defined into five strategic priorities: brand awareness, executive pipeline, giving back, establishing partnerships to leverage impact and influence, and resource development. With its vision to

2014 HACR CORPORATE EXECUTIVES FORUM™ RECAP be the preeminent institution facilitating Hispanic corporate inclusion, participants and the Legacy Advisory Council committed to having a five-year strategic plan in place

by July.

Throughout the program, participants were exposed to some of the nation’s most influential business experts.

Grace Lieblein, board member, Honeywell International Inc. and vice president, global purchasing and supply chain for General Motors, led a valuable session entitled: How I got on a Corporate Board. Dr. William Klepper, professor of management at Columbia Business School presented a highly insightful executive case study that analyzed best practices among Procter & Gamble’s succession of CEOs. In an executives-only session, Dr. Jorge Cherbosque, partner, Emotional Intelligence and Diversity Institute and co-director, UCLA Staff and Faculty Counseling Center,

educated participants about the importance of emotional intelligence and diversity leadership.

A highlight for CEF participants was a session with Marshall Goldsmith, a world-class authority on coaching successful leaders, and the best-selling author of What Got You Here Won’t Get You There. Goldsmith conducted a two-hour discussion on how to achieve positive change in behavior and excel as a leader, while touching on key points from his book.

The following night, the closing reception and dinner was sponsored by Target and held at The Prado in Balboa Park.

During the dinner, several companies received recognition for their contribution to the CEF Legacy Endowment including General Electric, General Motors Foundation, MassMutual, and Monsanto.

The next HACR CEF annual meeting will be held in Atlanta at the Ritz-Carlton, Buckhead from April 24-26, 2015.

HOST

FOUNDING SPONSOR CMYK Form (preferred)

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CEF VISIONARY MEMBERS Ford Fund Master 6/2003

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FORUM SPONSORS

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CORPORATE OBSERVER Black and White Form

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HACR CORPORATE MEMBER AND MEDIA PARTNER NEWS

AT&T & HACEMOS HOST HIGH TECHNOLOGY DAY! AT&T’s leadership in diversity and inclusion, its deep relationships with the communities it serves, and its commitment to minority-owned businesses make the company a great place to work for Hispanics – whose impact at the company extends from the C-suite to the retail floor. Key to the company’s success at attracting, retaining and developing Hispanics is its 7,172-strong Hispanic/Latino employee resource group HACEMOS, which last year presented $261,000 in scholarships to high school students, bringing its total to $2.5 million since 1999. And that’s just the beginning.

Every year HACEMOS hosts High Technology Day, a national event for middle and high school students at risk of dropping out. They link thousands of students across the country together via satellite for discussions with AT&T leaders about exciting opportunities available to students who commit to developing STEM skills.

And they get results: 72 percent of students who participated said they would be more likely to pursue a career in technology after attending an event.

HACEMOS’ commitment to its communities goes even further, and that was recognized by AT&T last year, with a $15,000 ERG in Action Award at the company’s National ERG Conference. The winning program was an innovative effort called Puede Esperar – It Can Wait. It Can Wait is AT&T’s public program to eliminate texting while driving.

HACEMOS worked with the company’s Hispanic Marketing group to create collateral in Spanish, and drove the Puede Esperar message deep into Hispanic communities across the country.

Further, they included Puede Esperar in their High Technology Days event – reaching thousands of Hispanic high school students nationwide – and they took Puede Esperar simulators to 49 high schools in 29 cities across the country.

CISCO SHARES THEIR INNOVATION STORY WITH THE NORTH CAROLINA SOCIETY OF HISPANIC PROFESSIONALS Cisco’s Latino Employee Resource Organization, Conexion, supports Cisco’s efforts to create an inclusive and diverse work environment where different perspectives drive innovation. Conexion provides professional development opportunities for its members,

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supports corporate recruiting programs that recruit and hire diverse candidates, and gives back to their local communities. Conexion’s members support governmentsponsored initiatives such as US2020, industry STEM (Science, Technology, Engineering, and Mathematics) programs and its own original programs.

In March 2014, Conexion sponsored the 2014 Hispanic Educational Summit, an initiative of the North Carolina Society of Hispanic Professionals (NCSHP) aimed to promote and disseminate information on the benefits of formal and higher education among the Hispanic youth of North Carolina. During this event, twenty-five Conexion members reached more than 1,000 students from 6th to 12th grades to demonstrate the life-changing opportunities provided by higher education in technology science through presentations of innovative and collaborative Cisco solutions based on cloud computing, video conferencing, and Internet of Everything (IoE).

CITI AND CASA DE MARYLAND PARTNER TO EXPAND ACCESS TO CITIZENSHIP Since 2011, Citi Community Development and the Citi Foundation have partnered with CASA de Maryland, a non-profit dedicated to supporting lowincome Latino families, to establish Citizenship Maryland: A program which offers assistance to Legal Permanent Residents (LPRs) throughout the naturalization process.

In June, Citi was awarded the Corporate Hero Award

by CASA de Maryland for supporting this innovative program.

Legal Permanent Residents who become citizens realize increased earnings and boost the U.S. economy through increased tax revenue. Despite these benefits, there are major obstacles to becoming a U.S. Citizen. The application fee for citizenship is $680, presenting a barrier for many eligible LPRs with low incomes. LPRs often face additional barriers such as lack of English proficiency and a lack of access to affordable legal support. As a response to these barriers, Citizenship Maryland has provided a full range of opportunities for Legal Permanent Residents in Maryland since its inception: • 2,785 participants have received naturalization

education, application assistance, legal support and

financial literacy.

• 2,198 participants have received citizenship

application assistance.

• 1,736 participants have obtained U.S. citizenship.

HACR CORPORATE MEMBER AND MEDIA PARTNER NEWS • 167 participants received microloans to finance

their applications.

Through groundbreaking programs like Citizenship Maryland, Citi, and CASA de Maryland demonstrate a shared commitment to financial inclusion and economic empowerment.

JOSÉ DÍAZ-BALART TO HOST MSNBC’S 10 A.M. HOUR WEEKDAYS In June 2014, Emmy Award-winning journalist and Telemundo anchor José Díaz-Balart will join MSNBC’s weekday line-up. Díaz-Balart will anchor MSNBC’s 10 a.m. hour live from Miami, Florida. Díaz-Balart currently co-anchors Telemundo’s “Noticiero Telemundo” and hosts “Enfoque con José Díaz-Balart,” roles in which he will continue to serve.

“MSNBC is committed to engaging new audiences and communities. To that end, I’ve been talking with José for several months about bringing his voice to MSNBC,” said Phil Griffin, president of MSNBC. “He has a keen understanding of the political landscape and three decades of experience in both broadcast and cable news.”

Díaz-Balart began his career in 1983 and has reported historic events and interviewed major political figures for prestigious news outlets including NBC News and Telemundo. His achievements include being the first journalist to serve as news anchor on two national television networks in Spanish and English on the same day for an entire season.

Díaz-Balart has received numerous accolades for his work, including the George Foster Peabody Award, Alfred I. DuPont-Columbia University Award, and the Broadcasting & Cable/Multichannel News 2012 Award for Outstanding Achievement in Hispanic Television.

More recently, he was honored in 2014 with the Hispanic Federation’s Lifetime Achievement Award. Follow him on twitter @jdbalart.

COMERICA BANK’S MONICA L. MARTINEZ NAMED TO LATINO LEADERS MAGAZINE’S ‘TOP 10’ LIST OF CORPORATE LATINAS Latino Leaders magazine recently named Comerica Bank’s Monica L. Martinez, senior vice president, corporate contributions for Texas and Arizona and national Hispanic

business development, to the publication’s “Top 10” list of corporate Latinas. As featured in the April issue, the list recognizes Hispanic women who have made outstanding contributions in their field and whose achievements serve as an inspiration to others.

“It’s an honor to be among the trailblazers on the list,” said Martinez. “I am fortunate to work for a company that values diversity, invests in its employees, and gives back to the community.”

Martinez has the dual roles of managing the corporate contributions function for the bank’s Texas and Arizona markets as well as overseeing all aspects of the bank’s involvement in Hispanic business development nationally.

Martinez believes the economic power and influence of the Hispanic community in the United States are growing, providing opportunities for businesses to market goods and services to an increasingly important segment of the overall population. And Hispanic women are growing in importance in economic decision-making.

Martinez also has also been named 2014 Latina of Influence by Hispanic Lifestyles.com and was among one of the 2014 “One Tough Cookie” honorees recognizing female leaders by the Girl Scouts of Southeastern Michigan.

HISPANIC EXECUTIVE’S ‘UNITING POWERFUL LEADERS’ DINNER SERIES CONTINUES IN CHICAGO The second invite-only Uniting Powerful Leaders VIP dinner event took place in Hispanic Executive‘s hometown of Chicago at the brand new Nico Osteria located inside the Thompson Hotel on Wednesday, May 7, 2014. The intimate dinner was part of a four dinner series in partnership with Northwestern Mutual, which launched earlier this year in Miami and will be making its way to Los Angeles in July and New York City in October to unveil Hispanic Executive’s Top 10 Líderes class of 2014.

“Our continued dedication to advocating for Latino leadership is precisely why we created a dinner series that unites the country’s top Hispanic business leaders in an intimate setting that helps foster longstanding relationships among like-minded executives,” says President Pedro A. Guerrero.

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HACR CORPORATE MEMBER AND MEDIA PARTNER NEWS

ONE ADELANTE ERG: EXCELLENCE AND COLLABORATION One Adelante is Northrop Grumman’s Hispanic Employee Resource Group (ERG). This organization has enhanced the company’s talent and leadership pipeline, plus promotes Northrop Grumman as an outstanding partner in the community both locally and nationally. One Adelante was recognized by the company with the Chairman’s Top Performing ERG Award for 2012 and 2013. One Adelante’s objectives are built around six strategic pillars: Business Partnership, Career and Leadership Development, Networking and Organizational Exposure, Recruitment and Retention, Community and Education Outreach, as well as Sustainment and Member Involvement.

A signature activity for One Adelante in the area of community and education outreach is Viva TechnologyTM; a program which promotes Science, Technology Engineering, and Math (STEM) fields. This program is a result of a partnership between the Northrop Grumman Foundation, Great Minds in STEMTM, and the One Adelante ERG to bring awareness of STEM career fields to underrepresented minorities. This program engages students, teachers, and parents with STEM challenges that stimulate their interest in the applications of technology and provide STEM-focused career pathways.

Since 2011, One Adelante has coordinated eight Viva TechnologyTM programs at schools on the east and west coasts.

One Adelante has 1400+ members across the company.

The ERG gathers at their annual summit to discuss and review initiatives related to the development, advancement of Hispanic talent and provide leadership exposure opportunities to its members.

BILLBOARD LATIN MUSIC AWARDS Target returned as the exclusive retail sponsor of the 2014 Billboard Latin Music Awards, which took place on April 24 and aired on Telemundo. The partnership is a celebration of the accomplishments and cultural richness of Latin music, which is popular among many of Target’s guests.

In addition, Target offered the 2014 Billboard Music Awards compilation album, available exclusively at all Target stores and Target.com. This Target exclusive album features songs by some of today’s most popular Latin

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artists who have also been nominated this year, including Romeo Santos, Marc Anthony, Alejandro Fernandez, Carlos Vives, Leslie Grace, Wisin, Don Omar, Pitbull, Yandel, Daddy Yankee and Thalia, among others.

TOYOTA SHOWCASES DRIVER SAFETY PROGRAMS Toyota, the world’s leading automotive manufacturer, will shine a spotlight on its driver safety programs this summer.

At the 2014 LULAC (League of United Latin American Citizens) National Convention and Expo in New York City, July 8-12, Toyota engaged attendees with the Toyota SafeCity installation, a 60-foot interactive experience where drivers of all ages were able to learn about proper car seat installation for children, how teens can avoid driver distractions on the road, and how senior citizens can maintain and sharpen their driving skills as they age.

The installation highlights driver safety programs such as Buckle Up for Life, (Abróchate a la Vida), Toyota’s national injury prevention program created in partnership with the Cincinnati Children’s Hospital Medical Center; the Toyota TeenDrive365, a driving simulator that promotes teen driver safety; and the AARP Smart DriverTM Course, which was created for senior Americans with support from Toyota.

Toyota is proud to be a presenting sponsor of the LULAC National Convention & Expo, supporting the oldest Latino organization in the country as it works to advance the condition of Latinos in the U.S. As the number one automaker of choice among Latinos since 2004, Toyota has deep roots in the U.S. Hispanic community. Toyota has been marketing to and engaging with Latinos directly for more than 20 years. This commitment has been further strengthened by the creation of the Hispanic Business Strategy Group (HBSG), a team led by Group Vice President Patricia Salas Pineda that is dedicated to ensuring the Latino perspective is fully integrated into growth strategies for all the company’s brands.

VERIZON: COMMITTED TO DIVERSITY Longtime HACR member Verizon has once again been recognized for its commitment to diversity and support of women and minority-owned businesses. While other segments of the technology

HACR CORPORATE MEMBER AND MEDIA PARTNER NEWS industry struggle to incorporate minorities in their workforce and operations, Verizon serves as a case study of how a corporation can achieve diversity in every aspect of its business. 2014 marks the 14th consecutive year Verizon is featured in DiversityInc’s “Top 50 Companies for Diversity,” and Verizon is one of only two companies to have been ranked No. 1 twice.

DiversityInc recognizes companies for their commitment to diversity efforts on a number of different levels, from supply chain to employee engagement, recruiting and training. Last year, Verizon reported that nearly 11 percent of its U.S. based labor force was Hispanic Americans and 19.2 percent were African American. In addition, on Verizon’s 11-member board of directors, four are women and four are people of color. In 2013, Verizon also purchased $6.3 billion in goods and services with diverse suppliers, an increase of more than $1 billion compared to 2012.

supply base, and accounting for business and cultural realities in each market.

In March 2013, Walmart also launched Empowering Women Together, a destination on Walmart.com connecting small WOBs around the world with customers looking for products from women. Growing 35% in its first year, the site hosts more than 350 items from 30 suppliers in 12 countries, earning the U.S. Chamber of Commerce 2013 Corporate Citizenship Award for Best Economic Empowerment Program.

To see how this work is impacting women like Maggie Cook, visit: http://www.youtube.com/ watch?v=u-zRkpj98Zs

WALMART EMPOWERS WOMEN BY LEVERAGING ITS GLOBAL SUPPLY CHAIN In September 2011, Walmart launched its global Women’s Economic Empowerment (WEE) initiative leveraging its value chain to help improve the lives of women around the world. More than a billion people live in poverty worldwide – of which 70 percent are women. Through WEE, Walmart will help to provide training, market access and economic opportunities to nearly one million women around the world, ultimately allowing them access to the economic opportunity they deserve.

Walmart has committed to sourcing $20 billion from women-owned businesses (WOBs) for its U.S. business, doubling sourcing from WOBs for its international markets by the end of 2016, and leveraging its e-commerce platform to provide access to small WOBs, called Empowering Women Together.

To achieve these goals, Walmart developed a comprehensive strategy and set annual targets for its U.S. business. It also established a Women-Owned Business Advisory Council (WOBAC) made up of internal advisors, industry leaders, and Walmart merchants and suppliers; implemented a variety of tools and resources including business scorecards to drive focus and accountability, an online supplier academy, and supplier summits to identify supplier growth opportunities. To double source internationally, Walmart is developing tailored strategies by establishing baselines, analyzing its existing

CORPORATE OBSERVER

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WALMART LEADERSHIP INTERVIEW SERIES

(CONTINUED)

NESTOR LÓPEZ PROGRESSIVE INSURANCE BY: DIANA G. PARTIDA, EL PERIÓDICO, USA

Hispanics are currently the largest minority group in the United States.

For all minority groups it is very easy for there to be a significant gap in success rates but Nestor López, claims manager at Progressive Insurance, is one individual striving for continued success for himself and other Hispanics in Corporate America.

A graduate of Florida International University (FIU), López completed his undergraduate studies in Business Administration and Finance, and also earned a MBA in Finance. In 2012 he was selected as one of HACR’s Young Hispanic Corporate Achievers™.

Besides his many career achievements, López says his most significant accomplishment has been to serve as the Chair of Progressive’s Latino Employee Resource Group (ERG), part of the Progressive’s Latin American Networking Association.

“This presented an exciting opportunity that dovetailed my personal passion with my professional ability,” says López. “People don’t 20

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“You have to work hard every day in order to own your successes and open the door to new opportunities, and you have to develop meaningful relationships across all different functional groups that you can leverage for continued success and innovation. You also have to enjoy your job. I can’t imagine being successful at something you don’t enjoy doing every day.” climb the corporate ladder, they get pulled up,” serving as the Chair of Progressive’s Latino ERG provided him with the perfect opportunity to bring others with him on his journey through Corporate America. This role with the ERG also helped him to hone the necessary skills for advancement: “first, you need to be able to confidently advocate on your own behalf - decision makers need to be clear as to the qualities and skills you bring to the table, and secondly, they need to be aware that you’re capable, available, and trustworthy.”

His leadership position within the ERG has allowed him to really develop these skills and has given him the necessary exposure to executives at Progressive while also expanding his personal network.

But his success has not come easy and sometimes it has involved stepping out of his comfort zone, a key element for Hispanic professionals to advanced and succeed in Corporate America.

“You cannot showcase your talent if you get stuck in the same routine waiting your turn. I think it’s critical to step outside of your daily duties and accept other tasks. This will allow you to gain new experiences, develop your professional capabilities, and harvest new relationships.”

While success in Corporate America involves a number of critical elements – stepping out of your comfort zone,

building new relationships, and diversifying your skill set, for example, to become a leader in Corporate America also requires perseverance and accountability.

“You have to work hard every day in order to own your successes and open the door to new opportunities, and you have to develop meaningful relationships across all different functional groups that you can leverage for continued success and innovation. You also have to enjoy your job. I can’t imagine being successful at something you don’t enjoy doing every day.”

In spite of his success at Progressive Insurance and throughout his career, López recognizes that there is more that needs to be done to increase Hispanic representation at all levels within Corporate America. According to López, companies can start by having a clear understanding of why diversity and inclusion is important to them as an organization – what is their business case?

“They need to have a consistent brand presence, both from a marketing and recruiting perspective, in the Latino community; and a leadership team that expects a diverse candidate pool for every promotional opportunity.

This creates a pipeline for internal and external talent for an organization.”

According to López, the most effective long term strategy is to

WALMART LEADERSHIP INTERVIEW SERIES have a business environment that is inclusive and values the diversity of all employees. Tactically, that includes investing in education and awareness around issues that impact the success of Hispanics in the work place. By building an understanding and creating an environment in which an organization values, promotes, and leverages the diversity of its employees, you can surely expect business results to also improve.

“Organizations also have to build relationships with and work to understand the Latino community – both within and outside their company.

You need a more coherent Hispanic presence, across all areas of the business.”

As a leader in Corporate America, he revealed five specific recommendations to increase Hispanic representation.

• First, ensure you are investing in creating a culture that is inclusive of all employees, and that recognizes the value that each person’s background and experiences bring.

• Second, build a dedicated recruiting team directed to developing and maintaining a steady pipeline of Latino candidates.

• Third, develop a business culture where life experience and culture are celebrated.

• Fourth, accountability at the leadership level creates a diverse group of candidates for any advancement opportunities.

• Lastly, connect and build relationships with the Latino community in meaningful ways.

López has been a true advocate of the rights of minorities, especially those focused on Hispanics, therefore he has promoted and developed several successful models.

“Progressive’s Latino Employee Resource Group, was designed to help attract and retain customers and employees, we currently offer career development programs, support recruitment efforts, and provide market and product development insights.”

His advocacy and inclusion efforts don’t end there, López also works with a college recruiting team to attract aspiring candidates and focus on local universities with a high concentration of Latino students; in addition he works with corporate recruiting to develop, present, interview, and write webinars targeted toward Latino candidates.

However, to fully advocate for Hispanics, López states that you must be informed.

“You have to understand the issues affecting Latinos both in the community and in the workplace.”

He added “we must also think strategically, we have to have a vision of what meaningful representation for Latinos in Corporate America looks like, in order to develop incremental goals and design tactical plans to achieve those goals; we need to give a reason for business leaders to care about Latino representation.”

goals that embrace Hispanic inclusion and a diverse working environment reflected at all levels throughout their company.

Diana G. Partida is a reporter with El Periódico, USA, a member publication of the National Association of Hispanic Publications, Inc. (NAHP). NAHP is a non-partisan trade advocacy organization representing the leading Spanish language publications serving 41 markets in 39 states, the District of Columbia and Puerto Rico, with a combined circulation of over 23 million.

López believes in HACR’s mission to promote Hispanic inclusion in order to help organizations understand why Hispanic representation is important for their company’s success. As López views it, the work of HACR can help develop best practices tailored for organizations committed to increasing their Hispanic representation, and increase partnerships between businesses and community organizations to help companies build their recruiting efforts in the Latino Community.

“At Progressive, our recruiting department has a Hispanic Sourcing Center for Excellence focused on building relationships with the Latino Community, sharing insights gained with their internal partners, and collaborating with the Latino ERG to further our reach within the community - all with the goal of making Progressive an employer of choice for Hispanics.”

In essence López believes that Corporate America needs to be aware that the Hispanic community will identify and support, with their talent and purchasing power, companies that have well established strategies and CORPORATE OBSERVER

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WALMART LEADERSHIP INTERVIEW SERIES

(CONTINUED)

NICOLÁS PÉREZ STABLE

“You have to be a little bit restless in your career and in life for that matter. There are times when you may have work hard with your head down, but you also have to be your own advocate, and an advocate for your community. You have to own your career and also give back along the way.”

GENERAL ELECTRIC

BY: CARA MARCANO, REPORTE HISPANO

This Cuban-American who grew up in Coral Gables and Miami Beach, is rising through the ranks of one of the largest companies in the U.S. In the meantime, he’s bringing with him the Castilian language, some good oldfashioned cariño Latino, and the lucha for the community to the forefront of a conversation that’s only just beginning.

He started his career as a Wall Street lawyer and now as one of the attorneys who works for GE Capital Aviation Services (GECAS), he helps manage $3.5 billion of a portfolio of $50 billion in aviation services.

“For six years I worked at White & Case on Latin American and U.S. transactions in the aviation and privatization sectors,” and had a blast doing it, he recalls humbly with the

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pride of a life earned and built over time and still evolving.

“In 2009, I was part of the team that negotiated a $2.4 billion aircraft financing transaction with American Airlines. And, in 2012, I was still part of the team when American Airlines filed for bankruptcy. Due to our hard work in 2009, we [at GECAS] were well positioned and well prepared for the bankruptcy. And, when American Airlines restructured it was one of the most successfully negotiated bankruptcies ever, for GECAS and many others. I was very proud of the work that I did on that matter, because the deal we negotiated stood the test of time.”

Pérez Stable highlights one of his greatest take home messages - “if you make your boss look good, you look good. So, my work on that transaction garnered the team many internal accolades. It took a long time for me to get noticed but it was worth the wait. That’s something that people don’t realize – success doesn’t happen overnight. Now I can look back on the hard work we did and see clearly how it can pays dividends years later.”

“Sometimes the best things that happen in your career happen over time. You have to put yourself in the right position and get the right training and development. But you also have to ask for more responsibility and take stretch assignments.”

GE is one of the oldest and largest companies in the Dow Industrials, one of the top 10 largest companies in the U.S. by market cap. Its brand and employees regularly work intimately with the federal government on all sorts of initiatives and its holdings run the gamut from manufacturing equipment, oil and gas, healthcare, and Pérez Stable’s specialty - aviation.

Pérez Stable is also committed to community service, diversity, and attracting and developing Hispanic employees and talent.

Pérez Stable is the co-leader of the External Outreach Initiative of the GE Hispanic Forum, GE’s Affinity Network for Hispanic employees – a position he describes as a “great honor” whose victories have included: • Enhancing GE’s role within HACR at all levels, from the Young Hispanic Corporate Achievers TM Program to the Corporate Executives Forum • Serving on the Board of Directors of the Congressional Hispanic Leadership Institute (CHLI) • Being the New York City Champion for GE’s Developing Health Program • Working with CNC (Cuban-American National Council) on their biannual conferences Two years ago he helped GE found a scholarship program with the Tuck School of Business at Dartmouth College to provide accelerated MBA courses to Hispanic students who

WALMART LEADERSHIP INTERVIEW SERIES have an undergraduate degree in a STEM field.

It didn’t come easily or quickly stresses Pérez Stable. “I didn’t come into my job and immediately get permission to work on billion dollar transactions. Likewise, with CHLI, I wasn’t named to the board immediately. In each case, I had to work hard and build trust. Inside GE we always try to move quickly – but in my career it’s definitely been fits and spurts. There are some periods of methodical, hard work, and other periods of fast-paced deal-making and growth. In Corporate America and in life, it is like this.”

“HACR is doing great work promoting for more Hispanics on corporate boards and Hispanic representation in Corporate America,” says Pérez Stable, who received the Estrella Award from the GE Hispanic Forum and was named as one of HACR’s Young Hispanic Corporate Achievers™ in 2010. “In GE we promote diverse slates for open positions and inclusion.

However, it’s not just about being Hispanic. We are always looking for people who are active and committed to the community.”

leaders in our community. I do feel like there is an obligation to give back to the community from which you come.

That is why I meet the students who receive the scholarships we sponsor.

Does doing that further my career at GE? Maybe, but regardless, I feel it is worthwhile.”

What advice does he give to the students he meets, “You have to be a little bit restless in your career and in life for that matter. There are times when you may have work hard with your head down, but you also have to be your own advocate, and an advocate for your community. You have to own your career and also give back along the way.”

Cara Marcano is a reporter with Reporte Hispano, a member publication of the National Association of Hispanic Publications, Inc. (NAHP). NAHP is a non-partisan trade advocacy organization representing the leading Spanish language publications serving 41 markets in 39 states, the District of Columbia and Puerto Rico, with a combined circulation of over 23 million.

A father of a baby daughter born earlier this year, Pérez Stable is also committed to making sure his Cuban heritage is passed on to his daughter. When asked what is the most important thing you can give your children and future generations to succeed, he’s very clear. “El idioma.

The language - the infusion of a bilingual, bicultural identity into our children. For me, it is fundamental, that my daughter speak Spanish. It will be key for her success, not only in business, but also in life.”

Pérez Stable wants to be supportive to future generations as well. It’s about sponsorships rather than mentorship noting that HACR is doing good work at connecting like-minded folks across companies and industries.

“That’s one of the things I enjoy most about my job at GE, helping connect and financially supporting future

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2014 HACR CORPORATE ACHIEVERS SUMMIT RECAP

2014 HACR CORPORATE ACHIEVERS SUMMIT

Top Row: Alvaro Silva Vargas, Carlos Villasana, Michael Muñoz, Jason Luis Fernandez, Harold González, Luis A. Tavárez, Artemio San Martin, Mauricio Pincheira, Joe J. Pacheco, and Alma Anguiano. Middle Row: Edgar Bermudez, Claudya Arana Sanchez, Jessica Montoya, JD Laboy, Gerard Borda, Carrie Ann Quintana, Jorge Balestra, Dolores Campuzano, and Jomo Castro. Front Row: Mariana Fagnilli, Maria Jose Gatti, Barbara Quiroga, Tania Calderon, Selene Benavides, Alencia DeAnda-Gregg, Dolores Arredondo, and Noreen L. Gillen.

HACR’s newest program, the Corporate Achievers Summit (CAS), held its fourth annual summit from April 4-6 at San Diego’s historic US GRANT Hotel, and gathered twenty-nine U.S. based, Hispanic Corporate Achievers from Fortune 500 and HACR Corporate Member companies. Launched in 2011 at the request of the HACR Young Hispanic Corporate Achievers™ (YHCA) alumni, the CAS program aims to further engage and inspire its participants.

For the first time, this year the program ran alongside the HACR Corporate Directors Summit™ (CDS) and the HACR Corporate Executives Forum™ (CEF) in order to facilitate networking opportunities. On Friday night, participants from the three programs were welcomed to San Diego with a reception and dinner. The keynote speaker for the dinner 24

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was Enrique Hernandez, Jr., president & CEO of Inter-Con Security Systems, Inc. and board member of Chevron Corporation, Nordstrom (board chair), McDonald’s, and Wells Fargo.

Throughout the weekend renowned experts guided business sessions with the goal of keeping participants competitive and well informed. Dr. William Klepper, professor of management, Columbia Business School, spoke about issues related to business management and team building. Dr. Klepper also helped identify how participants would like to see the program develop. Dana Galin, CEO of life coaching company Defineum, was with participants on Saturday and Sunday to discuss “The Six Pillars of Leadership Excellence.”

2014 HACR CORPORATE ACHIEVERS SUMMIT RECAP

HACR CAS and HACR YHCA program participants.

CMS Energy’s Mauricio Pincheira and McDonald’s Alma Anguiano.

Delta’s Barbara Quiroga and Aetna’s Michael Muñoz.

UPS’ David Ruiz and HACR CAS participants.

Participants socialized with directors and executives at Hispanic Executive Magazine’s and Quaker Foods North America’s “Best of the Boardroom” reception, and Target’s closing reception and dinner at The Prado in Balboa Park. During the closing dinner, CAS participant Dolores Campuzano, MGM Resorts International, won a gift donated

by Target for leading social media activity on HACR’s newly launched mobile app. Before the dinner ended, participants enjoyed a speech from Angel Martinez, president and CEO of Deckers Outdoor Corporation.

In recent years, participants from HACR’s Corporate Executives Forum™ (CEF) have served as presenters.

Through this relationship, participants receive first-hand knowledge from high-ranking Hispanics in Corporate America. HACR CEF participants David Ruiz, president of UPS Florida, and Louis Miramontes, KPMG LLC partner, headed sessions such as ‘Keys to Managing Profit & Loss’, and ‘The Path to the Boardroom’.

LEGACY PARTNER

VISIONARY

SPONSORSHIP

This year’s new structure succeeded in maximizing exposure to corporate leaders, while at the same time providing vital leadership development for continued professional growth. The next HACR CAS annual meeting will take place in Atlanta at the Ritz-Carlton, Buckhead from April 24-26, 2015.

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2014 HACR YOUNG HISPANIC CORPORATE ACHIEVERS™ RECAP

2014 HACR YOUNG HISPANIC CORPORATE ACHIEVERS™

Top Row: Manuel Diaz, Nydia J. Sahagún, Zeferino Cisneros, Christian Campos, Joseph Gerardo Torres, Robert Trujillo, Alexander Toland, David Ramirez, Luis A. Rivera, Alberto Ortega, and Walter Rodriguez. First Middle Row: Elvia Pacheco, Daniel Pinho, Ariel A. González, Adrianna Samaniego, Vanessa Heck, Angelica Hurtado, Sylena Echevarria, Luz Janet Castro, and Erika Gonzalez Mercedes.

Second Middle Row: Jennifer Altarriba, Alejandro Alonso, Juan Garcia, Alejandro Ponce de Leon, Diana E. Ortega, Linda Castillo, James Freedman Aponte, and Ernesto Arredondo, Jr. Front Row: Nydia Correa, Orietta Verdugo, David Guzman, Beatriz Medina Pratt, Cinthya Allen, Karina Baril, Gloria Candelario Hossri, and Ibelka Fernandez.

The 8th Annual HACR Young Hispanic Corporate Achievers™ (YHCA) Program was held in San Diego, California, April 6-8, and recognized young Hispanic executives in Corporate America who have displayed tremendous leadership and a deep commitment to the Hispanic community. Launched in 2007, the program helps to create a pipeline and cultivate the next generation of Hispanic leaders in Corporate America.

HACR YHCA participants were coached through the program by author and motivational speaker Dr. Juana Bordas, president of Mestiza Leadership International. She has guided participants through the transformational HACR YHCA

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program since its inception. The program began on Sunday, April 6, with an introduction to HACR, and for the next three days, Dr. Bordas led sessions about Hispanic history and evolution, Latino leadership, career strategies, and goal setting.

Throughout the program participants were exposed to Hispanic corporate directors and C-Suite executives. On Sunday night, HACR YHCA participants attended an off-site dinner at the Prado in Balboa Park with the HACR Corporate Executives Forum™ (CEF), Corporate Directors Summit™ (CDS), and Corporate Achievers Summit (CAS) program

2014 HACR YOUNG HISPANIC CORPORATE ACHIEVERS™ RECAP

HACR YHCA participants holding their awards.

Marshall Goldsmith with HACR program participants.

participants. The keynote speaker for the dinner was Angel Martinez, president and CEO of Deckers Outdoor Corporation.

Participants also joined the HACR CAS members for a joint business session featuring best-selling author and leadership coach Marshall Goldsmith.

ceremony recognizing the accomplishments and potential of this year’s class. Representatives from HACR YHCA sponsors, Altria and MillersCoors, were on hand at the awards ceremony to provide remarks and congratulate this year’s HACR YHCA class.

A highlight of the program was the HACR CEO Series with McDonald’s President and CEO Donald Thompson. Thompson, the first African American president and CEO of McDonald’s, candidly spoke on his experiences moving up the corporate ladder. The HACR YHCA program concluded with an awards

To date, more than 200 individuals have been selected as HACR Young Hispanic Corporate Achievers™. The next annual meeting will be held in Atlanta at the Ritz-Carlton, Buckhead from April 26-28, 2015, and nominations open this summer.

HOST

LEGACY PARTNER

FOUNDING SPONSOR CMYK Form (preferred)

Ford Motor Company

VISIONARY CMYK Form (preferred)

Black and White Form

Ford Motor Company

Ford Motor Company SPONSORSHIP

PARTNERSHIP Black and White Form

UNIVISION

WELLS FARGO Ford Motor Company

WYNDHAM WORLDWIDE

Ford Fund Master 6/2003 Ford Fund Master 6/2003

File Format: CMYK.EPS BW.EPS

Ford Oval: CMYK Black

File Format: CMYK.EPS BW.EPS

Ford Oval: CMYK Black

Text: Black Black

Text: Black Black

CORPORATE OBSERVER

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2014-2015 CORPORATEHACR MEMBER CALENDAR NEWS

CORPORATE MEMBERS BENEFACTORS ALTRIA GROUP, INC. DELL, INC. GENERAL ELECTRIC INTEL CORPORATION MCDONALD’S CORPORATION TARGET CORPORATION TIME WARNER, INC. WELLS FARGO

2015 HACR YHCA NOMINATION DEADLINE NOVEMBER 14, 2014

GENERATIONS

2015 HACR PROGRAMS APRIL 24-26, 2015

APRIL 27-28, 2015

HACR Corporate Directors Summit™ The Ritz-Carlton, Buckhead Atlanta, GA

23rd Annual HACR Symposium: The Power of Hispanic Inclusion™ The Ritz-Carlton, Buckhead Atlanta, GA

APRIL 24-26, 2015 HACR Corporate Executives Forum™ The Ritz-Carlton, Buckhead Atlanta, GA

APRIL 28, 2015 HACR CEO Roundtable The Ritz-Carlton, Buckhead Atlanta, GA

APRIL 24-26, 2015 HACR Corporate Achievers Summit The Ritz-Carlton, Buckhead Atlanta, GA APRIL 26-28, 2015 HACR Young Hispanic Corporate Achievers™ The Ritz-Carlton, Buckhead Atlanta, GA

AETNA, INC. ANHEUSER-BUSCH COMPANIES, INC. AT&T AUTOMATIC DATA PROCESSING (ADP) BANK OF AMERICA CAESAR’S ENTERTAINMENT, INC. CARNIVAL CRUISE LINES CHEVRON CHRYSLER CITI COMCAST CORPORATION FORD MOTOR COMPANY GENERAL MOTORS JOHNSON & JOHNSON KRAFT FOODS GROUP MILLERCOORS NORTHROP GRUMMAN SODEXO STATE FARM INSURANCE COS. TOYOTA MOTOR CORPORATION VERIZON COMMUNICATIONS THE WALT DISNEY COMPANY ASSOCIATE AARP SERVICES AMERICAN PETROLEUM INSTITUTE CISCO SYSTEMS THE COCA-COLA COMPANY COMERICA BANK CONAGRA FOODS, INC. CSX CORPORATION DENNY’S CORPORATION DIAGEO NORTH AMERICA ERNST & YOUNG GOOGLE KPMG MACY’S MANPOWERGROUP INC. MARSH & MCLENNAN COMPANIES MERCK & CO. MGM RESORTS INTERNATIONAL MICROSOFT CORPORATION PEPSICO PRUDENTIAL FINANCIAL THE HOME DEPOT UNITEDHEALTHCARE UPS VOYA FINANCIAL SERVICES WALMART WYNDHAM WORLDWIDE

HISPANIC ASSOCIATION ON CORPORATE RESPONSIBILITY 1444 I Street, N.W. Suite 850 Washington, D.C. 20005

CORPORATE OBSERVER

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