Board Recruitment October 2024: 100 Hispanic Board Members Making a Difference by BoardProspects

Board Recruitment

MELANIE

SANDRA CAMPOS Board Member at Big Lots, Inc., fabric, PetMed Express, Inc., Daniel’s Jewelers, and PureRed

FERNANDO AGUIRRE

A Message from the CEO of BoardProspects

Welcome to the October 2024 Issue of Board Recruitment!

BoardProspects’ flagship publication remains focused on keeping you informed on the latest trends in corporate governance and boardroom composition. Our goal is to provide you with the knowledge and strategies necessary to enhance your board’s impact.

In celebration of Hispanic Heritage Month, we are proud to present our special feature, “100 Hispanic Board Members Making a Difference,” developed in partnership with the Latino Corporate Directors Association (LCDA). This feature highlights the outstanding contributions of Hispanic directors across industries, showcasing the depth of leadership and expertise they bring to the boardroom.

Before diving in to our full list of honorees, you’ll find LCDA’s article on “Boardroom Advantage: The Vital Role of Latino Representation in Corporate America.” On behalf of our entire team, I extend our sincere thanks to LCDA for their invaluable partnership on this issue and for their ongoing efforts to advance Hispanic representation in corporate leadership.

This issue also includes insightful contributions from our BoardRoom Resource Partners:

• “Private Company Board Compensation and Governance Survey” (Source: Compensation Advisory Partners), and

• “10 Questions to Increase Your Strategic Impact as a Board Member” (Source: Protiviti)

As always, we value your feedback as it helps us continue to deliver content that meets your needs. Thank you for being a vital part of the BoardProspects community.

Mark Rogers Founder and CEO, BoardProspects

10 Questions to Increase Your Strategic Impact as a Board Member

By Frank Kurre and Jim DeLoach

The role of corporate directors is to be trusted advisers to the CEO consistent with their duty of care and to exercise oversight on the shareholders’ behalf. To confirm they are fulfilling this role, directors need to periodically self-assess their boardroom performance.

In June 2024, we moderated a session at an event sponsored by the National Association of Corporate Directors (NACD)1 attended by over 45 active directors. The tone of the discussion focused on the board’s interactions with the CEO on strategy, policy, execution and other matters. It surfaced a number of takeaways around how a director can add value in the boardroom as an independent trusted adviser to the CEO. In this issue of Board Perspectives, we distill the takeaways from this event with 10 questions that directors should ask themselves while they self-assess their performance as advisers.

Am I effective at pattern recognition?

Much has been said about bringing technology and geopolitical savvy and knowledge of markets, competitors and customers to the boardroom. But strong board members are also good at connecting the dots.

Data points and information are great to have and so is knowledge of specific domains. But what really sets an exceptional director apart is the ability to distill a deep understanding of data, information and knowledge into real “aha” insights they can share in strategic conversations.

1. “The session, “Aligning Expectations: Insights from CEOs on What They Want from Directors,” was conducted on June 11, 2024, at NACD’s June 2024 Symposium, Lead with Impact: Making a Difference as a Board Director.

DIRECTORS SHOULD PAY ATTENTION TO THE EXTENT TO WHICH PROCESSES AND DECISIONS ARE DATA-DRIVEN AND ENSURE THAT CUSTOMER, EMPLOYEE AND SUPPLIER FEEDBACK LOOPS EXIST. A MANAGEMENT-BY-FACT DISCIPLINE ENGENDERS CONFIDENCE.

Patterns, related trends, possible scenarios and strategic alternatives are what get people thinking. If directors aren’t adept at recognizing patterns, they should start exercising that muscle. As they develop the skill of digesting data, information and knowledge and integrating their take into strategy discussions, the value they contribute increases.

Do I bring a detached perspective into the boardroom to see things as they are?

Directors should be objective in facing reality as it is, not as they would like it to be. They should pay attention to the extent to which processes and decisions are data-driven and ensure that customer, employee and supplier feedback loops exist. A managementby-fact discipline engenders confidence. More important, directors should expect an engaged culture in which bad news travels fast enough to enable timely corrective action to get things back on course. They should look to the CEO to be open and candid in facing up

to mistakes and errors of judgment, learning from them and sharing them with the board. The board has a role to play in ensuring that fresh business realities are considered objectively and acted on timely to sustain the business.

Overly cautious or optimistic board members can be suboptimal in a rapidly changing world. Directors should maintain an appropriate level of independence in positioning themselves as realists when they support and advise management and carry out their oversight responsibilities.

Am I challenging the assumptions underlying management’s decisions? No matter how well-conceived they are, many strategies fail. Research reporting on the percentages of failed strategies cite statistics that fall into a wide range, with some asserting a rate as high as 90%. Whatever the number is — whether the strategy itself is flawed or the execution of the strategy is poor — the failure rate is high enough that directors must be at their best when engaged in strategic conversations with management.

Strategies fail for many reasons.2 However, one important angle directors should pursue constantly is the validity of the assumptions underlying the strategy, both during strategy- setting and strategy execution. The objective is to ensure the relevance of the corporate strategy in view of current and expected market developments.

2. “20 Reasons Why Strategy Execution Fails,” by Jeroen Kraaijenbrink, Forbes, September 10, 2019: www.forbes.com/sites/ jeroenkraaijenbrink/2019/09/10/20- reasons-why-strategy-execution-fails/.

The board should look to the processes management has in place to reality-test strategic assumptions against market developments. If there are none, that is a red flag.

Is my EQ high enough? EQ (emotional quotient) includes being in touch with one’s emotions, possessing self-awareness and social awareness, being emotionally resilient, having strong interpersonal skills, and being adept at conflict management and cool under fire. People with a high EQ can often influence without authority. They are great collaborators and authentic in their communications, and can freely own up to their mistakes.3

Communication in the boardroom is as much about leaving one’s ego at the door and developing relationships as it is about displaying smarts. True, board members should have a high IQ, as they must display a strong capacity for learning, and processing and interpreting information. But a good EQ is about empathy, listening and managing reactions — all of which are building blocks toward creating productive relationships.

Am I thinking enough about disruptive innovation and how it will manifest itself?

One of the toughest tasks of management is recognizing when a strategy is running out of steam or when the business model must be reimagined to improve the customer experience.

According to a global survey of 3,100 senior executives, six in 10 (61%) CEOs see their role as pushing their executive teams to respond with the urgency they believe is needed given the disruption in the marketplace.4 Yet, 63% of CEOs in that survey said they believe their executive teams lack the agility needed to keep pace. Further, 59% reported that their employees tend to be set in their ways and resistant to change.

The board should focus on assisting the CEO with building a trust-based, innovative and resilient culture that can compete and sustain profitable growth in rapidly changing markets. And while it helps to have a continuous improvement mindset, there are times in the life of a business when clinging to the status quo by incrementally improving what’s been done for years is not enough. This is where directors can contribute as a sounding board to the CEO.

In today’s optics of changing business fundamentals where it is “disrupt or be disrupted,” it pays to think ahead, anticipate scenarios, develop early warning capabilities and start early in making adjustments. Recognizing vulnerabilities, assessing how to address them and formulating actionable response plans are valuable skills in managing uncertainty.

3. “Top 11 Signs of High Emotional Intelligence: Explained,” Maven, July 4, 2023: https://maven.com/articles/signs-of-highemotional-intelligence.

4. AlixPartners Disruption Index, AlixPartners, 2024: https://disruption.alixpartners.com/.

DIRECTORS SHOULD BE MINDFUL OF THEIR LANGUAGE AND TONE IN THE BOARDROOM. ARE THEY THINKING ENOUGH ABOUT SEEKING AND TAKING ON OPPORTUNITIES AND NOT JUST FOCUSED ON RISK MITIGATION? ARE THEY FOCUSED ON OFFENSE AS WELL AS DEFENSE?

Am I wired for risk but not for opportunity?

Risk is inevitable and most boards are actively engaged in risk oversight. But risk management in successful organizations is much more than just reducing or avoiding bets; it is also about making the best bets with the intention of creating long- term enterprise value. That is what makes the discipline a differentiating strategic skill. Savvy leaders understand that there are consequences to both risk-averse and risk-taking behavior when deploying capital. To that end, directors should be mindful of their language and tone in the boardroom.

Are they thinking enough about seeking and taking on opportunities and not just focused on risk mitigation? Are they focused on offense as well as defense?

Playing offense means investing to innovate processes, products and services. It also means pursuing new markets and building economic moats as well as adopting disruptive business models that offer differentiating value

propositions. Defense, meanwhile, is about compliance activities, reducing risk to an acceptable level and taking steps to preserve reputation. There is a place in strategic discussions for both; therefore, each director should be wired for both.

Am I making a positive contribution to board conversations?

The manner in which directors engage and collaborate with each other in and out of the boardroom and with the CEO is impacted by the board’s processes, the manner in which the management team engages the board and, most important, the behavior of individual board members.

These factors — often referred to as board dynamics — frame the board’s culture and contribute to or avoid cultural fault lines and behavioral norms. Each director must contribute to effective dynamics in the boardroom. Over time, it is easy to spot who listens, who dominates the conversation, who is respectful of others and who isn’t.

Do I foster an environment of trust based on values?

The foundation for trust is open, honest and transparent communication. Board members should inculcate a boardroom culture where the CEO is comfortable sharing both good and bad news, knowing the board will provide support and guidance rather than judgment or censure.

DIRECTORS SHOULD ENSURE THEY ARE CONTRIBUTING VALUE IN THE BOARDROOM — CONSISTENT WITH THEIR DUTY-OF-LOYALTY OBLIGATIONS — WITH THE OBJECTIVE OF HELPING THEIR CEO SUCCEED.

Disagreements are inevitable; however, how they are handled can either build or erode trust. Thus, the boardroom culture should foster an environment where differing opinions and views are expressed respectfully and appropriately considered.

Am I taking time to learn so I can prepare to participate in strategic conversations?

The board’s role is to ask questions regarding progress on the strategy and business plan, the status of major projects and other internal developments, as well as external market forces and their implications, and let the facts lead to sound decisions.

Directors should be curious and adopt a continuous learning mindset regarding matters pertinent to the organization’s viability that the board and CEO have not focused on at all or sufficiently (which we refer to as “blind spots”). Directors should take stock of their strengths and limitations as a board, particularly on issues or in areas where they lack expertise or don’t fully understand, and focus on the appropriate questions to ask — of the board chair or the CEO, before or during board meetings, or before the full board,

in a board committee or in executive session. The best questions are those focused on strategic or policy issues that will impact the long-term success and sustainability of the business rather than getting mired in the weeds of day-to-day operations.

Am I effective in understanding and offering advice to the CEO?

Each director has a responsibility to contribute to the board’s collective efforts to foster open, trust-based and transparent communications with the CEO. To that end, directors should ensure they are contributing value in the boardroom — consistent with their duty-of-loyalty obligations — with the objective of helping their CEO succeed.

As a starting point, they should ensure that they and the CEO are aligned with respect to the company’s longterm vision, strategic direction, market positioning, resource allocation decisions and performance incentives linked to long-term shareholder value. This alignment of interests is fundamental to building an effective working relationship with the CEO.

In summary, the role of the board extends beyond governance and oversight to offering diverse perspectives and constructive feedback as advisers to the CEO in shaping the corporate strategy, identifying market opportunities and emerging risks, allocating capital, evaluating performance, and formulating succession plans. Building trust is paramount in all of these activities.

How Protiviti Can Help

Protiviti assists boards and executive management with assessing enterprise risks and their capabilities for managing those risks. We help organizations identify and prioritize their risks, including emerging and disruptive risks that can impair their reputation, brand image and enterprise value.

We assist companies in integrating their risk assessment process with their core business processes, including strategy-setting. We work with boards and board committees in reviewing their governance practices and facilitating board and C-suite retreats. We also help organizations improve their risk reporting to better inform the board’s risk oversight process.

If Protiviti can be of any assistance with board governance matters, please contact Frank Kurre at Frank.l.Kurre@ protiviti.com

with an All-inclusive Council-Level Membership:

 Learn from leaders at our Boardroom Summit: Connect with directors and industry leaders for exclusive insights and networking.

 Build your skills and network at the Directors Forum: Enhance your director skills and make professional connections.

 Stay current with monthly expert sessions: Join our Askthe-Expert sessions to keep up with governance trends.

 Discuss crucial issues at quarterly peer roundtables: Share insights and strategies on governance with peers.

 Enhance your boardroom impact with targeted courses: Take courses in cybersecurity, audit, and more to boost your e ectiveness.

Private Company Board Compensation and Governance Survey

Introduction

Board members at privately held and family-owned companies play an important role in governance and oversight and should be appropriately compensated for their contributions and efforts. However, the appropriate amount of compensation is difficult to determine due to the lack of available market data on private company board pay.

To address this data deficiency, Compensation Advisory Partners (CAP) and Private Company Director and Family Business magazines conduct an annual survey of private company board compensation and governance. The survey database has grown to almost 2,000 company respondents across a range of company sizes and industries.

The new 2024 fifth edition of the survey focuses primarily on a robust dataset of 750 respondents who certified their data in May 2024, and it provides an up-todate analysis of director pay practices that reflect the current competitive environment. Changes were made to the 2024 survey questionnaire to increase the number of mandatory questions,

which resulted in an extremely robust and high-quality dataset. Year-overyear comparisons are made in this report with respect to the 2023 survey results and the overall sample.

To address this data deficiency, Compensation Advisory Partners (CAP) and Private Company Director and Family Business magazines conduct our annual survey of private company board compensation and governance. The survey database has grown to almost 2,000 company respondents across a range of company sizes and industries.

About the Survey Participants

The survey respondents represent companies in diverse industries and span a variety of sizes as measured by revenue. Exhibit 1 shows the distribution of responses across revenue ranges. The average revenue size across the entire sample is $275 million. Exhibit 2 shows the prevalence of industries, with manufacturing being the most prevalent industry in the survey.

The new 2024 fifth edition of the survey focuses primarily on a robust dataset of 750 respondents who certified their data in May 2024, and provides an up-to-date analysis of director pay practices that reflects the current competitive environment. Changes were made to the 2024 survey questionnaire to increase the number of mandatory questions, which resulted in an extremely robust and high-quality dataset. Year-over-year comparisons are made in this report with respect to the 2023 survey results and to the overall sample.

About the Survey Participants

drew participation from companies that are closely held, private equityowned, and owned by employees through employee stock ownership plans (ESOPs). The business structures represented include S corporations, C corporations, limited liability companies (LLCs), partnerships, and other structures (See Exhibit 3).

Of the participating companies, 61 percent are wholly or majority familyowned or controlled. The survey also

Of the participating companies, 61 percent are wholly or majority family-owned or controlled. The survey also drew participation from companies that are closely held, private equity-owned, and owned by employees through employee stock ownership plans (ESOPs). The business structures represented include S corporations, C corporations, limited liability companies (LLCs), partnerships, and other structures. (See Exhibit 3.)

Most participants are based in the United States, but the survey drew responses from all over the world. Of the respondents, 71 percent have fiduciary boards, while the remainder have advisory boards. Compensation for directors on advisory boards ranges from 60% to 75% of the compensation for directors on fiduciary boards, given the lesser risk and legal obligations with advisory boards.

Most participants are based in the United States, but the survey drew responses from all over the world. Of the respondents, 71 percent have fiduciary boards, while the remainder have advisory boards. Compensation for directors on advisory boards ranges from 60% to 75% of the compensation for directors on fiduciary boards, given less risk and legal obligations with advisory boards.

Compensation Components

qualified candidates and an inflationary economic environment, resulted in a 14 percent increase in total compensation per director from 2023. Table 1 summarizes board compensation levels for the total sample at median, if the participant reported data for that element. Compensation Components

As private company board governance continues to evolve, the complexity and time commitment associated with board service have increased due to a broader mandate of work being expected of board members. The additional responsibilities, coupled with greater competition to recruit

As private company board governance continues to evolve, the complexity and time commitment associated with board service has increased due to a broader mandate of work being expected of board members. The additional responsibilities, coupled with greater competition to recruit qualified candidates and an inflationary economic environment, resulted in a 14 percent increase in total compensation per director from 2023. Table 1 summarizes board compensation levels for the total sample at median, if the participant reported data for that element.

Notes: Data reflect the median of all companies reporting data for each pay component. Median figures are non-additive due to varying prevalence of each pay component.

Annual Retainer

Annual cash retainers are part of most directors’ compensation packages. The median cash retainer for the entire sample is $32,000 for 2024, which is up 7% from 2023. Board retainers are highly correlated with company size as shown in Exhibit 4.

TABLE 1

Summary of Private Company Board Compensation Levels (Total Sample)

EXHIBIT 4

Sample Median: $32,000

Meeting Fees

EXHIBIT 5

Meeting fees continue to be used by private companies, while most publicly traded companies have migrated to retainers only. Of the private

Meeting fees continue to be used by private companies, while most publicly traded companies have migrated to retainers only. Of the private companies surveyed, 18 percent use meeting fees as their only form of cash compensation. As with retainers, meeting fees increase with company size. (See Exhibit 5.)

companies surveyed, 18 percent use meeting fees as their only form of cash compensation. As with retainers, meeting fees increase with company size. (See Exhibit 5.)

Sample Median: $2,500

Long-Term Incentives

The prevalence of long-term incentives (LTIs) for private company board service continues to be a minority practice, with 28 percent of respondents offering LTIs to directors. The prevalence of LTI use ticked up from 26 percent in the 2023 survey, which is notable given that private companies do not have stock liquidity and ownership is not widely held, making LTIs more complicated to implement. This contrasts with public-company practice, where over 90% of companies grant equity to their directors. Publicly traded firms provide more than half of a director’s total compensation in the form of equity, typically full-value shares or units.

liquidity and ownership is not widely held, making LTIs more complicated to implement. This contrasts with publiccompany practice, where over 90% of companies grant equity to their directors. Publicly traded firms provide more than half of a director’s total compensation in the form of equity, typically full-value shares or units.

Median Annual Retainer by Revenue

Median Meeting Fee by Revenue

Of the private companies offering LTIs to directors, stock options and restricted stock/units (“real equity”) are the favored vehicles. Typical practices for private company LTI awards are to grant either annually (52%) or when the director is appointed to the board (39%), and to have awards subject to vesting. Given the multiple time frames that awards cover, LTI grant values vary significantly. The total sample median award value is $60,000, which is a combination of annual, ad hoc, periodic, and one-time/up-front grants.

The use of LTIs indicates that private companies are working to retain and align board members with the company’s overall success. CAP expects the use of LTIs for director compensation to continue to gradually increase over time, especially at larger private companies, due to competition for specialized board talent with public companies.

Other Key Components Compensation to Family Members

Of the participants, 51 percent provide compensation to shareholders and family members who serve on the board. The decision to compensate shareholders and family members is a philosophical one; for some companies, the rationale for not paying directors is due to such directors benefitting from the company through shareholder distributions. Other companies believe in the importance of recognizing the contributions, skills, and time for all directors, regardless of family or shareholder status. For these companies

that compensate shareholders and family members, more than 70 percent compensate them on the same basis as the independent directors.

Travel Reimbursement

The prevalence of travel reimbursements is 73 percent. Companies that do not reimburse travel expenses may recruit directors from local areas or hold meetings virtually.

Board Leadership Retainer

Approximately 40 percent of private companies provide additional compensation for board leadership roles. When the incremental leadership retainers are considered as a multiple of regular board member retainers, the median multiple is 0.64x for the incremental board chair retainer, a level that has remained stable over time. The median multiple is 0.54x for the incremental lead director retainer, a significant increase from 2023 when the multiple was 0.4x. The lead director pay increase indicates that private companies value sound governance practices by using lead directors more and paying them a premium for their board leadership.

Committee Retainers

About 40 percent of private companies provide additional compensation for committee chairs with an incremental retainer of $7,500 at median. Most companies do not differentiate pay between types of committees.

A 2024 survey trend is that committees have become more prevalent at

Summary of Board Pay Models

privately held companies, with about three-quarters of survey respondents reporting they have committees. The three main committees reported are Compensation (85% of respondents), Audit (80%), and Nominating/ Governance (67%). Typically, each director serves on one or two committees as a requirement of board service.

Summary of Board Pay Models

As shown in Table 2, there are several models for how private companies are combining the various pay components mentioned above to create a total compensation package for directors

As shown in Table 2, there are several models for how private companies are combining the various pay components mentioned above to create a total compensation package for directors.

among public companies.

is tied to meetings, and pay is automatically work-load adjusted

Incentivizes meeting attendance, while recognizing work completed outside of meetings

Designed to share company success with board members. Typically for start-ups or private equity/venture capital owned companies. Other

Hourly rate for board service to compensate for workload Only reimburse for travel expenses

Governance Findings

Board Diversity

In addition to benchmarking compensation levels and practices, the survey covers many governance issues, including board size and composition, independence, workload, term limits and diversity.

Board Size and Composition

In addition to benchmarking compensation levels and practices, the survey covers many governance issues, including board size and composition, independence, workload, term limits, and diversity.

Typical private company board size ranges from five to eight directors, with a median of seven directors. The median increased by one director from the 2023 survey. Board composition for 2024 continues to be half inside directors and half independent/outside directors.

Board Size and Composition

Board Diversity

Two-thirds of survey respondents indicate that diversity is somewhat to extremely important for their board composition. Exhibit 6 shows the reported importance of board diversity compared to previous iterations of this survey. The distribution of survey ratings has remained mostly similar over time. Private companies often recruit board members for particular skills or experiences, or to fill specific company needs. As a result, gender and ethnic diversity have not had the same level of focus for board recruitment as at publicly traded counterparts.

Importance of Diversity by Year

TABLE 2

In the total survey sample, respondents indicated that 73 percent of their boards include women, while only 29 percent include minority members. In contrast, publicly traded companies are often encouraged by institutional investors to have diverse boards. More than half of private equity- and venture-backed companies reported that women and minorities are included on their company boards. In addition, larger private companies with more than $500 million in revenue are more likely to have greater board diversity relative to the entire sample.

company boards. In addition, larger private companies with more than $500 million in revenue are more likely to have greater board diversity relative to the entire sample. The survey asked about gender diversity in board leadership. Women are less prevalent in board and committee leadership roles, as shown in Exhibit 7.

The survey asked about gender diversity in board leadership. Women are less prevalent in board and committee leadership roles, as shown in Exhibit 7.

Other governance findings are limited to survey participants.

Total Director Compensation Cost

Board Effectiveness

To understand the total costs to private companies of having a board, the survey asked participants to calculate the average annual total compensation paid to ONE director and to ALL directors on the board (See Table 4). Total

compensation includes the annual board cash retainer, board meeting fees, long-term incentives, committee service retainers and meeting fees, and leadership premiums for non-employee directors.

Privately held companies create boards to provide structure around accountability and sound governance. Directors bring specialized skills and expertise to the company, serve as sounding boards and advisors to owners and management, provide unique perspectives and ideas, and leverage their professional networks on behalf of the company. At times, directors also assist with transactions and special situations.

The survey asked respondents about the effectiveness of their boards. Respondents overwhelmingly reported that their boards are effective, with 86 percent rating them effective to extremely effective. The survey asked participants about ways to improve board effectiveness and the board’s biggest impacts on the company. Each question garnered two prevalent responses, as shown in Table 3.

Gender Diversity in Board Leadership

cultural fit required by privately held and family-owned companies.

Total board cost is correlated with company size. This relationship is driven by differences in the amount of compensation paid to individual directors, as well as differences in the size of the board. As a company’s revenue increases, the complexity of operations, regulatory requirements, and the responsibilities of the board also increase. To deal with this greater responsibility, larger companies may have a larger board and separate committees. Higher compensation is needed to attract qualified talent and reward them for a more considerable time commitment. The 2025 survey iteration will gather data for family councils to arrive at the true total cost of governance for family businesses.

Looking Ahead

CAP expects to see other changes emerge in the coming years, including:

• Increased emphasis on long-term incentives (either real stock or cash-based), as they better align compensation with shareholder returns over a director’s tenure. CAP has received increased interest from larger private company clients in implementing long-term incentive plans to compete for high-caliber directors with public companies.

Previously, changes in board pay levels emerged slowly with flat or modest year-over-year growth. CAP expects to see the pace of change increase, but with more modest and steady year-over-year growth versus the spike we saw in 2024. The talent market for directors is tight, with publicly traded and private companies competing for the same group of qualified candidates. The overlap in the market for talent is causing pressure on private companies to increase pay levels and be more creative in their pay structures to support their recruitment efforts. It is becoming more difficult to find the right board candidates who also have the cultural fit required by privately held and family-owned companies.

CAP expects to see other changes emerge in the coming years, including:

y Increased emphasis on long-term incentives (either real stock or cash-based), as they better align compensation with shareholder returns over a director’s tenure. CAP has received increased interest from larger private company clients in implementing long-term incentive plans to compete for high-caliber directors with public companies.

Looking Ahead

Previously, changes in board pay levels emerged slowly with flat or modest year-over-year growth. CAP expects to see the pace of change increase, but with more modest and steady yearover-year growth versus the spike we saw in 2024. The talent market for directors is tight, with publicly traded and private companies competing for the same group of qualified candidates. The overlap in the market for talent is causing pressure on private companies to increase pay levels and be more creative in their pay structures to support their recruitment efforts. It is becoming more difficult to find the right board candidates who also have the

• Increased emphasis on annual board retainers in lieu of meeting fees and committee compensation. Bundling compensation for all board activities in the form of an annual cash retainer is a simpler way to compensate time and effort and easier to administer. Additionally, as the workload across committees continues to normalize due to expanding shareholder expectations of board members, many companies have focused on increasing annual board retainers instead of providing separate committee compensation.

y Increased emphasis on annual board retainers in lieu of meeting fees and committee compensation. Bundling compensation for all board activities in the form of an annual cash retainer is a simpler way to compensate time and effort and easier to administer. Additionally, as the workload across committees continues to normalize due to expanding shareholder expectations of board members, many companies have focused on increasing annual board retainers instead of providing separate committee compensation.

Survey Contacts

The full survey results are limited to participants. Please contact CAP if you are interested in a compensation assessment based on the survey data or are interested in participating in the survey in the future.

Boardroom Advantage: The Vital Role of Latino Representation in Corporate America

By the Latino Corporate Directors Association

Latinos are the fastest-growing demographic in the United States, with over 60 million individuals contributing a staggering GDP of $3.6 trillion. Despite this significant economic impact, Latinos remain the least represented demographic on corporate boards. The Latino Corporate Directors Association (LCDA) 2024 Latino Board Monitor underlines that as of 2024, six out of ten Fortune 1000 companies still lack Latino perspectives in their boardrooms. While this marks progress due to the persistent efforts of organizations like LCDA— improving from nearly nine out of ten

a decade ago—it also underscores the urgent need to address the ongoing gap in representation.

The Latino Corporate Directors Association, the largest community of Latinos serving on corporate boards and the C-Suite, stands at the forefront of the transformative movement, advocating for increased Latino representation in corporate governance.

The reality is clear: companies aiming for sustained competitive advantage must embrace the rich perspectives that Latino leaders bring. With a consumption

and purchasing power valued at $3.78 trillion, the Latino community is not just a demographic to consider; they are a critical driver of market dynamics. Organizations that overlook this demographic risk missing out on innovative ideas and strategies that reflect this vital consumer base.

The LCDA is committed to preparing, positioning, and elevating the vast pool of Latino talent ready for boardroom roles. With over 600 board-proven members, LCDA ensures these leaders are primed to influence the future of business. However, many companies still rely on outdated and ineffective methods to sourcing Latino talent. Relying on superficial markers—such as physical characteristics, Spanish proficiency, or Hispanic surnames—limits access to a broader range of qualified candidates. The reality is that Latinos are a diverse group, encompassing a wide array of appearances, languages, and backgrounds.

To truly harness this potential, companies must adopt equitable sourcing practices. Here are some key strategies to implement:

1. Develop a Structured, Data-Driven Approach to Talent Sourcing:

Traditional sourcing strategies have historically excluded Latinos. By leveraging data analytics and AI tools, companies can identify gaps in their talent pipelines and actively seek out underrepresented groups. A data-driven approach fosters transparency and objectivity,

enabling organizations to make informed decisions and measure the effectiveness of their sourcing efforts.

2. Collaborate with Diverse Networks and Talent Communities:

The recruitment landscape is often riddled with biases that obscure the visibility of Latino candidates. By partnering with the LCDA and other diverse networks, organizations can access a pool of qualified candidates who may not be reachable through conventional channels. This collaboration is particularly vital for C-Suite and board recruiting.

3. Build Diverse Sourcing Teams That Reflect the Community:

Diverse sourcing teams are better equipped to recognize and mitigate unconscious bias. When teams reflect the communities they serve, they are more likely to identify potential candidates who might otherwise be overlooked.

The case for Latino inclusion in corporate boardrooms extends far beyond equity; it’s about driving innovation, expanding markets, and securing longterm success. As we conclude Hispanic Heritage Month, let us commit to a future where Latino voices are not just heard but are integral to the strategic direction of America’s corporations. By embracing these strategies, corporate America can tap into the vast market of Latino talent, creating a more inclusive and dynamic future for all.

100 Hispanic Board Members Making a Difference

By the BoardProspects Team

In celebration of Hispanic Heritage Month, we are proud to highlight the achievements of 100 Hispanic board members who are making a lasting impact in boardrooms across the nation. This special feature, developed in partnership with the Latino Corporate Directors Association (LCDA), recognizes directors from a wide range of industries—from finance and technology to healthcare and media—whose leadership and vision are shaping the future of corporate governance.

These 100 honorees represent a sample of the breadth of talent and experience within the Hispanic community. Among them are trailblazers who have become the first Hispanic leaders in key C-suite roles, innovators who have driven groundbreaking strategies, and seasoned directors whose insights are

crucial to navigating today’s complex business environment.

As we spotlight these accomplished individuals, it is essential to reflect on the ongoing work needed to improve Hispanic representation in boardrooms. Despite comprising nearly 19% of the U.S. population, Hispanic professionals are significantly underrepresented in corporate governance, accounting for just 4% of Fortune 500 board seats. The LCDA has been a pivotal force in addressing this disparity, and we are grateful for their work on this important initiative.

We extend our sincere congratulations to this month’s honorees and look forward to their continued success and to the success they will inspire and help to create in the next generation of leaders.

Current Boards: CVS Health, Synchrony Financial, and Barry Callebaut

Previous Boards: Aetna, Coca Cola Enterprises, Levi Strauss & Co, and Chiquita Brands International

Fernando Aguirre

Fernando Aguirre is the former Chairman, President and Chief Executive Officer at Chiquita Brands International, Inc. (“Chiquita”), a global distributor of consumer products. Prior to joining Chiquita, Aguirre worked for more than 23 years in brand management, general management and turnarounds at The Procter & Gamble Company.

“Fernando’s exceptional business acumen, strategic thinking and dedication to strong governance have strengthened our organization. His unique ability to inspire others fosters a culture of leadership, integrity and continuous progress. In an ever-evolving landscape, Fernando’s sound guidance is critical in shaping Synchrony’s future, and we are grateful to have him on our board.”

– BRIAN DOUBLES, President and CEO, Board Member at Synchrony

Odilon AJ.

Odilon AJ. is the Managing Principal of AJ. Holdings Co, where he partners with enterprises as an independent director, private equity operating partner or direct investor. He is an Operating Partner at Advent International and, an Independent Director of NCR Atleos (NYSE:NATL) and BV (Votorantim Bank).From early 2020 to the end of 2022, he was President, CEO and Board Member of ACI Worldwide (NASDAQ:ACIW). From 2002 to 2019, Odilon worked at Western Union (NYSE:WU), the global leader in cross-border money movement. His last position was President, Western Union Global Money Transfer, where he headed WU’s $5B business in 200+ countries.

“Odilon is a tremendous asset to our board. He thinks strategically and brings thoughtful insight to any discussion. He is extremely valuable in our audit committee by adding great financial acumen to his strategic perspectives.”

– MICHELLE MCKINNEY FRYMIRE, Board Member at NCR Atleos

Current Boards: NCR Atleos and Votorantim Bank

Previous Boards: ACI Worldwide and Millicom (Tigo)

Current Boards: PotlatchDeltic, Unitil, Feeding America, and John L. Weinberg Center

Anne Alonzo

Anne Alonzo is an accomplished global leader with a diverse background including as an executive at 3 Fortune 500 companies, most recently as a Chief Sustainability Officer and SVP External Affairs; CEO of a commodity board and senior government official at four government agencies, including as an environmental regulator and a U.S. diplomat, Mexico. Alonzo presently serves as an Independent Board Director and Senior Advisor to firms involved in sustainability, climate change and regenerative agriculture. Alonzo is a frequent corporate governance speaker and a recognized community leader.

“Anne is an incredible board member and colleague. She is thoughtful, collaborative, and contributes to a culture for growth and partnership for Unitil. Anne is very dedicated to the ESG goals of the company and stays true to that goal in her engagement with the board. Thank you Anne for your contributions.

– Unitil Board of Directors

Cesar L. Alvarez

Cesar L. Alvarez is Senior Chairman of Greenberg Traurig. He previously served as Executive Chair and CEO for 15 years. Under his leadership, the firm was recognized as the fastest growing and among the Top 10 law firms in the US. Before taking the helm as CEO, Alvarez practiced securities, corporate and international law for over 25 years. He has represented numerous public companies and served on the boards of directors of several notfor-profit corporations, publicly traded corporations and charitable organizations. His honors include the Lifetime Achievement Awards from The American Lawyer and Chambers and Partners.

“Cesar was the first to give me a warm and informative welcome to the Board. He went out of his way to share insights with a kindly, gentlemanly manner belying his deep financial and organizational expertise.”

– NANCY AGEE, Board Member at Precigen

Current Boards: Watsco, Inc., Precigen, Inc., and The St. Joe Company

Previous Boards: Florida

International University Board of Trustees, Mednax, Inc., Fairholme Funds, and John S. and James L. Knight Foundation

Congratulations to our very own Bruno Di Leo Allen!

“I am proud to see Bruno, a valued member of the Cummins Board Directors since 2015, recognized by BoardProspects as one of its ‘Hispanic Board Members Making a Difference.’ Bruno’s extensive experience executing growth strategies across international markets, driven by evolving and new technologies, has been instrumental in advising us on our strategy and commitment to lead the industry into the next era of smarter, cleaner power. His contributions to Cummins are invaluable, and we are deeply grateful for his leadership and service.”

Jennifer Rumsey Chair and Chief Executive Officer Cummins Inc.

Current Boards: AquaBounty (AQB) and Phelps Industries, LLC

Previous Boards: J&K Ingredients, Inc., Richelieu Foods, Clear Springs Foods, Anita’s Snacks, International Dispensing Corp (IDND), Raymundos Food Group, LL, and Bush Brothers & Company

Marisol Angelini

Ricardo Alvarez

Ricardo Alvarez is the Chief Executive Officer at Hans Kissle Foods. Previously, Alvarez was the Chief Executive Officer at J&K Ingredients, Inc. He is a seasoned C-level executive with a strong record in driving growth and profitability across food manufacturing, ingredients, and retail. Expert in leading transformations, optimizing operations, and expanding market reach. Proven ability to manage multimillion-dollar P&Ls and complex supply chains, with a focus on innovation and team building to achieve double-digit sales and EBITDA growth.

“Ricardo joined our board approximately three years ago. I was immediately impressed that he quickly made a site visit and came back to the Board with very informed and valuable observations. His contribution to the Board as an experienced, wise business leader has been invaluable. And his outreach to some of the senior managers at the Company has been impactful and appreciated by all. Lastly, while his leadership, industry knowledge and experience are highly valued, he is a genuinely caring person.”

– CHRISTINE ST.CLARE, Board Member at AquaBounty Technologies, Inc.

“Ricardo has been a tremendous asset to our board. He is knowledgeable and highly engaged in strategic discussions. His style aids in creating open dialogue on all types of issues.”

– SYLVIA WULF Chief Executive Officer and Chair of the Board, AquaBounty

Marisol Angelini is an independent board director and seasoned executive with 30 years of experience across Consumer Products Goods (Coca-Cola Company, Procter & Gamble), Retail (Macy’s), and Food and Beverage Manufacturing (Bush Brothers, Amvac). She currently serves as an Executive Mentor at Ariel Group and Endeavor. org. As Chief Marketing Officer, General Manager, and Vice-President of Strategic Growth she has proven adept at navigating challenging business environments, leading business transformation, and building capabilities. She has led $1B- $7B businesses successfully through consumer-centric marketing across diverse global settings.

“Marisol is a valuable member of the American Vanguard Board. I really appreciate her perspective, her thoughtful questions and her willingness to help others. She contributes to a positive culture on the board and leverages her NACD certification and governance knowledge to improve performance.”

– EMER GUNTER, Board Member at American Vanguard

Current Boards: American Vanguard Company and NACDAtlanta Chapter

Previous Boards: Bush Brothers & Company

Current Boards: Clean Energy Fuels, HASI, and Leddartech

Previous Boards: Huntington Bank, First Merit Bank, and Citizens Bank

Lizabeth Ardisana

Lizabeth Ardisana is the Chief Executive Officer and Founder of ASG Renaissance and Performance Driven Workforce, both of which are professional services and workforce management companies based in Southeast Michigan. With over three decades of experience, Ardisana has led ASG Renaissance to deliver services to a diverse array of clients across various sectors, including automotive, environmental, defense, construction, healthcare, banking, and education.

“Beth brings deep experience in the automotive industry and as a business owner that has made her an invaluable addition to our board. Her thoughtful and measured approach to interacting with other board members and management allows her to effectively and credibly contribute while also making others feel respected and supported. We are lucky to have Beth on our board.”

– DEREK ABERLE, Chair of the Board at LeddarTech, Inc.

“HASI exists at the intersection of finance and the energy transition. Beth’s insight into the automotive industry, alternative fuels and mainstream banking is unique and valuable to our board.”

– JEFF ECKEL, Chair of the Board at HASI

Dennis Arriola

Dennis Arriola is an Operating Partner at Sandbrook Capital. He previously served as Chief Executive Officer of Avangrid, Inc. from 2020 until 2022. He joined Avangrid from Sempra Energy, a publicly traded energy infrastructure company, where he served as executive vice president and group president, and chief sustainability officer. Throughout his career, Arriola has served in a broad range of leadership positions in gas and electric utilities as well as renewables, including as chairman, president and chief executive officer of Southern California Gas Co., senior vice president and chief financial officer of both San Diego Gas & Electric and Southern California Gas Co., vice president of communications and investor relations for Sempra, and regional vice president and general manager of Sempra’s South American operations.

“Dennis brings wisdom to the Meritage boardroom. Wisdom developed through years of experience as a leader and as a board of director of other publicly traded companies.”

– PETER AX, Board Member at Meritage Homes

Current Boards: ConocoPhillips, Meritage Homes, Commercial Metals Company, and the Automobile Club of Southern California

Previous Boards: Avangrid, Inc.

Current Boards: Big Brothers Big Sisters of Dane County, California Life Sciences Association, Exagen, Inc., and Overture Center Foundation, Inc.

Ana Arroyo Hooker

Ana Arroyo Hooker is currently the SVP, Chief Laboratory Officer at Exact Sciences and has been with the company since 2013. She enthusiastically leads nearly 2000 clinical laboratory and operations enterprise team members nationally and internationally. Prior to joining Exact Sciences, she spent 15 years at ARUP Laboratories, most recently as Senior Vice President. She successfully opened and scaled a diverse collection of laboratories with a variety of focus areas including genome and exome testing using next generation sequencing. She also served in multiple leadership roles overseeing anatomic pathology, oncology, and genetics.

“It has been an honor and a pleasure to serve with Ana on the Exagen board. Ana brings a wealth of experience and expertise to Exagen and is always generous with her time. She is not afraid to speak her mind, but always does so in a way that creates and fosters a culture of collaboration and camaraderie on the board.”

– BRUCE ROBERTSON, Board Member at Exagen

Melissa Barra

Melissa Barra currently serves as Executive Vice President, Chief Sales and Services Officer of Sleep Number Corporation (NYSE: SNBR), the $2B publicly-held manufacturer, retailer, and servicer of the Sleep Number smart beds. She sits on the Board of Directors of Pentair plc (NYSE: PNR) and on the Board of Trustees at Blue Cross Blue Shield of Minnesota, and was a prior Board Advisor to private companies in the marketing and technology spaces. In her roles as board director and committee chair, Ms. Barra provides advice and insights on strategy, consumer experience, digital, operations, finance, corporate development, and international.

“Melissa is a tremendous asset to the board, bringing her deep expertise in customer experience, marketing, operations, digital transformation, and finance. Her strategic insights are impactful in shaping and executing growth initiatives, and her collaborative approach has earned the respect of both the board and management team.”

– TRACEY DOI, Board Member at Pentair

Current Boards: Blue Cross and Blue Shield of Minnesota and Pentair

Current Boards: Fifth Third Bank, World Kinect Corporation, Interpublic Group, Simplex Group, Cuba Study Group, and University of Florida Warrington College of Business Advisory Board

Previous Boards: Leukemia & Lymphoma Society

Javier Benito

Jorge Benitez

Jorge Benitez retired from Accenture in September 2014 as CEO of North America after 34 years of service. He was responsible for Accenture’s business and operations in North America and also served as the Executive Sponsor for several of Accenture’s largest clients.

“Jorge plays a major role on the World Kinect board. He is thoughtful, logical, fact based and unflappable. He is vocal with his perspectives in a very respectful way. He cares deeply about the company and its employees, and also always keeps the shareholders in mind.”

– JILL SMART,

Board Member at World Kinect Corporation

Javier Benito has been a Trust Manager since 2022. Mr. Benito served as General Manager KFC Latin America and theCaribbean of Yum! Brands, Inc., a global restaurant corporation primarily operating the company’s brands – KFC,Pizza Hut and Taco Bell. He previously served as Chief Strategy Officer from 2013 to 2014, Managing Director ofEuropean Franchise Business and Russia from 2010 – 2013, and Executive Vice President and Chief Marketing OfficerKFC USA from 2008 to 2010. Prior to that, Benito served as Executive Vice President and Chief Marketing Officer of Starwood Hotels and Resorts from 2005 to 2007, and served in various executive roles with the CocaCola Company from 1994 to 2005 and the Procter & Gamble Company from 1987 to 1994.

“I have served with Javier on the Camden Property Trust for two years. He has brought fresh energy and perspective. He is extremely insightful and is a great thought leader. He is always very well prepared, is respectful of others’ opinions and asks provoking questions. – RENU KHATOR, Board Member at Camden Property Trust

Current Boards: Camden Property Trust

Current Boards: Patterson Companies, Cascades Inc., and Schleich GmbH (Germany)

Alex Blanco

Alex Blanco served as Chief Supply Chain Officer and Executive Vice President of Ecolab, a global leader in water, hygiene and energy technologies and services that protect people and vital resource, from 2013 to 2020, where he oversaw Ecolab’s global supply chain operations, including Ecolab’s 98 manufacturing plants, more than 200 distribution centers, procurement, and engineering. Previously, he worked for Procter & Gamble for thirty years, where he served as Vice President of Product Supply for the Global Beauty Sector. Prior to that, he led Supply Chain operations for other key P&G divisions including the Tissue & Towel business unit.

“I have only the greatest respect for Alex and his contributions to our board. He listens well, patiently, and then when he speaks... well everyone listens ! He always brings us back to the facts and the business operations themselves, giving smart examples from his past as a senior executive in our industry. There is no danger of ‘group thinking’ with Alex in the boardroom. He is never afraid to voice an opinion which might be different from others, but always does it elegantly, with substance.”

- HUBERT T. LACROIX, Board Member at Cascades Inc.

“Alex has been an excellent addition to our board. His manufacturing and supply chain knowledge have added tremendous value at the board level and also as a sounding board to management. His values and his approach to dealing with issues fit very well with our corporate culture. We are fortunate to have him on board.”

- MICHELLE CORMIER, Board Member at Cascades Inc.

Luis Borgen

Luis Borgen is an experienced corporate director and audit committee financial expert. Borgen is a former Chief Financial Officer with over 25 years of experience in both public and private equity-backed companies in the consumer, healthcare, and technology sectors. He played a leadership role in three successful exits including two IPOs and a sale to a financial sponsor. He has extensive experience scaling pre-IPO companies and multinational organizations including athenahealth, DaVita, and Staples. He brings expertise in corporate governance, risk management, strategic planning, international expansion, M&A, and IPO readiness.

“Joining our Board about two years ago, Luis quickly built trust and confidence with our other Board members, by first proactively listening, second formulating his questions and suggestions in a positive and constructive fashion greatly appreciated by management, and third, by fully leveraging his long-term financial experience. Together with one of our other Hispanic background members, he also led a very motivational internal employee meeting showcasing his “path to Board Member”. For me, Luis is first and foremost a great team-member, which is foundational to any excellent Board!”

– AART de GEUS, Executive Chair of the Board & Founder at Synopsys, Inc.

“Luis has been a great addition to the Synopsys Board. He comes to the meetings well prepared and his thoughtful comments are greatly appreciated. It’s a pleasure serving with him.”

– BRUCE CHIZEN, Board Member at Synopsys

Current Boards: Synopsys, Carter’s, and Eastern Bank

Current Boards: First Financial Bank

Texas and Texas Health Resources

Previous Boards: State Bar of Texas and the Fort Worth Public Library Foundation

Vianei Lopez Braun

Vianei Lopez Braun leads the employment law practice at Decker Jones, P.C., a full-service law firm in Fort Worth. She has over 30 years of experience and is listed in Best Lawyers in America for Labor & Employment Law. She is an honors graduate of Princeton University and the University of Texas School of Law. She has earned a Certificate on Systemic Cyber Risk from the Digital Directors Network, as well as Climate Leadership Certification from the Diligent Institute. She brings strong legal, human resources, compensation and benefits, management, and corporate governance experience to her board roles.

“Vianei is an exceptional board member. She is always well read, well prepared and well spoken in our board meetings. She utilizes her professional experience to make a meaningful impact and doesn’t jump to conclusions. She has played a critical role on our Risk and Compensation Committees and does a great job protecting the interest of our shareholders. I am honored to serve with Vianei.”

–

APRIL ANTHONY, Board Member at First Financial Bankshares, Inc.

José-Luis Bretones-López

José-Luis Bretones-López is the Founder and Managing Partner at LINAR Advisors - Global Supply Chain Operations. Previously, he was the EVP Corporate Officer - Strategic Sourcing & Supply Chain Operations at Castle Metals. Born and raised in Spain, he moved to the USA fueled by purpose. He owes his success to many mentors and his habit to surround himself with outstanding people in a fulfilling environment, consistently achieving more and faster while fostering lasting relationships.

“Jose is a great board partner. He is extremely knowledgeable, and shares his wisdom when needed. He is insightful and generous with his time. He is a delight to work with, and doesn’t mind asking the tough questions when needed. He has a wealth of knowledge, and has truly been an asset to the team. It is a pleasure to serve with him.”

– ANDREA HAYWARD, Board Member at Rehrig Pacific Company

Current Boards: Bay Cities Metal Products, Rehrig Pacific Company, and Griffith Foods

Carter’s extends a special congratulations to our Board Member, Luis Borgen, on being named one of BoardProspects’ “100 Hispanic Board Members Making a Difference”

Current Boards: Peloton Interactive, Inc., Boot Barn Holdings, and MoneyGram

Chris Bruzzo

Chris Bruzzo is the Interim Co-Chief Executive Officer, Co-President and on the board of directors of Peloton Interactive, Inc. (Nasdaq, PTON). Bruzzo has more than 20 years of experience working for global consumer brands, with extensive knowledge in marketing, brand management, digital strategy and communications. Bruzzo has held other executive positions at Electronic Arts, Starbucks Corporation, Amazon.com Inc., and Regence Blue Shield.

“Chris was selected for his vast experience leading global consumer brands and his expertise in marketing, brand management, and digital strategy. As Interim Co-CEO and Co-President of Peloton Interactive, Inc., and with prior executive roles at industry giants like Electronic Arts, Starbucks, and Amazon, Bruzzo has demonstrated a unique ability to drive growth and innovation. His leadership in both digital transformation and consumer engagement across top-tier companies makes him an exceptional figure in 100 Hispanic Board Members Making a Difference.”

– The BoardProspect Team

Jorge Caballero

Jorge Caballero served as Managing Partner of Deloitte’s Business Tax Services U.S.-India practice until his retirement in June 2019.

During his 32-year tenure at Deloitte LLP, Caballero served in many capacities as a state and regional tax managing partner prior to assuming a global role. He joined Deloitte as a tax manager in 1987 and was admitted to the partnership three years later where he led teams from tax, audit, consulting, and risk. In addition, Caballero served as a Tax Managing Partner of Deloitte for the State of New Jersey from 2003 to 2011 and as Assistant Vice President of Tax at Beneficial Corporation from 1983 to 1986, and as a Senior Consultant at PricewaterhouseCoopers from 1979 to 1982.

“Jorge’s global leadership and financial experience have been an asset to AMN’s Board. His collaborative and inclusive spirit has positively built upon our company’s strong commitment to diversity and community engagement, and I am grateful for his contributions to AMN Healthcare.”

– CARY GRACE, President and CEO at AMN Healthcare

Current Boards: AMN Healthcare

Previous Boards: Deloitte Tax LLP

Current Boards: Big Lots, Inc., fabric, PetMed Express, Inc, Daniel’s Jewelers, and PureRed

Sandra Campos

Sandra Campos is the President & CEO of PetMeds and PetCareRx (Nasdaq: PETS). Campos was the CEO of a SaaS supply chain tech company developing a modern WMS and her extensive retail career included being the CEO of Diane Von Furstenberg, President of a portfolio of $1bn contemporary brands including Juicy Couture, Bebe, BCBG.and Herve Leger, and President of O Oscar (an Oscar de la Renta division). From 2020 - 2024, Campos was a regular contributor to CNBC speaking on retail trends, earnings, and consumer news. She is also a frequent keynote speaker, panelist, and thought leader on topics ranging from supply chain, leadership, digital innovation, ESG, and diversity in the workplace.

“Sandra has been a fantastic addition to the PetMeds’ board and is well deserving of this distinction. Her vast contributions reflect her energetic perspective and passion for the pet space, as well as her entrepreneurial mindset, deep digital retail experience, customercentric focus and unwavering strength, integrity and commitment to diversity in all forms.”

– PetMeds’ Board of Directors

“Sandra could always be counted on to be well prepared and provide a thoughtful perspective to the board discussion. Her current knowledge of the retail world, especially e-commerce and the implications on the supply chain, was especially helpful. Sandra was also generous with time and was willing to meet outside of the board room with key management team members. All these attributes made Sandra a very helpful board member

– NANCY REARDON, Former Board Member at Big Lots Inc.

Edward Cannizzaro

Ed Cannizzaro is the former Global Head of Quality, Risk & Regulatory for KPMG International and was a member of the firm’s Global Management Team with worldwide responsibility for the firm’s system of quality controls, risk management, and ethics and compliance programs. He also served as the National Managing Partner for Risk Management for KPMG US as well as the Western Area Managing Partner - Audit. He has served as the global lead partner for several multinational public companies.

“Ed remains a valuable member of the Pacific Gas & Electric Board of Directors. He brings unique skills particularly in addressing risk management. Ed’s experience in this area has helped to guide the Company not only for mitigating risks which threaten the business, but has also encouraged us to address the risk factors that would prevent the Company from realizing our opportunities. Being a financial Ed also provides meaningful contributions to our Audit Committee.”

– Pacific Gas & Electric Board of Directors

Current Boards: Pacific Gas and Electric, and Ross Stores

Previous Boards: KPMG Americas, KPMG LLP

Current Boards: Del Real Foods, The Wendy’s Company, IE Business School, and Ballet Hispánico

Previous Boards: The Beneficient Company Group, L.P.

Michelle Caruso-Cabrera

Michelle Caruso-Cabrera is the Chief Executive of MCC Global Enterprises and a CNBC Contributor. Previously, Caruso-Cabrera was a Candidate for the NYC Office of the Comptroller. Caruso-Cabrera was CNBC’s first Latina anchor and its inaugural Chief International Correspondent, bringing 30 years of expertise at the intersection of finance, economic development, and communication. Over the course of more than two decades, she covered economic crises and international markets, interviewing presidents, prime ministers, and CEOs. She started her career in 1991 with Univisión’s Spanishlanguage news.

“Michelle is a tremendous asset to The Wendy’s Company Board of Directors. We benefit from her astute insights into the financial markets and global economic and political environments, and her knowledge as an award-winning business journalist and producer contributes greatly to the Board’s diversity of skills and expertise. Michelle provides the Board with valuable insights about business positioning and the external economic landscape. And as Wendy’s continues to expand internationally, the Board and Company particularly benefit from Michelle’s global perspective and experience.”

– Wendy’s Board of Directors

Elizabeth Castro Gulacsy

Elizabeth Castro Gulacsy is the former Chief Financial Officer and Treasurer of SeaWorld Entertainment, Inc., a publicly traded theme park and entertainment company. She also previously served as Chief Accounting Officer for Cross Country Healthcare, Inc., a publicly traded staffing company, and as audit manager at Ernst & Young. She holds a Professional Director credential from the ACCD and is a member of BoardProspects, CBM, the LCDA and the NACD. She currently serves on the Board and Audit Committee of NNN REIT, Inc. and also previously served on the advisory board of a private investment firm and on non-profit boards.

“Elizabeth has an extensive background in accounting and finance, and we are thrilled that NNN shareholders benefit from her years of hands-on management of extremely complex multinational business operations that were heavy in capital expenditures and supported by a complicated set of funding and financing instruments. Elizabeth has been a terrific addition to our board since she joined two years ago; her high level of professional expertise, attentiveness, work ethic, genuine curiosity and integrity bring value to, and align seamlessly with, our board’s objectives in guiding and supporting the NNN organization.”

– EDWARD J. FRITSCH, Board Member at NNN REIT, Inc.

Current Boards: NNN REIT, Inc.

When you spend your days making a difference, people notice. Huntington Bank congratulates Rafael Diaz-Granados for being recognized as one of "100 Hispanic Board Members Making a Difference. " Thank you for inspiring us to look out for each other, our customers, and our communities, every day.

Current Boards: Angeles Investors, UBS Funds, Pathway Funds, Mercer Funds, and BMO Financial Corp, BMO US, Teatro Vista

Previous Boards: Wyndham International

Adela Cepeda

Adela Cepeda launched and served as the president of A.C. Advisory, Inc., a financial advisory firm for more than 21 years; she sold the firm to Public Financial Management, Inc., the top-ranked municipal advisor in the United States. Adela is a leading proponent of driving racial equity and advocates on behalf of women and minorities through her community involvement. In 2019, Adela cofounded and currently chairs Angeles Investors, an angel investing group that provides funding and advice for Hispanic and Latinx entrepreneurs to grow their startups and ventures. Adela was also Co-chair of President Biden’s ESG Economic Advisory Working Group to advance the administration’s intention to pursue a broad climate change agenda and seek to re-establish the United States as a leader regarding climate change. For more than two years, she oversaw the management and financing of housing developments throughout Chicago as a member of the Chicago Housing Authority.

“Adela is a highly engaged director who brings great experience and knowledge. Her unique insights make her a difference maker.”

- DARREL HACKETT, CEO at BMO Financial Corporation

Ana Chadwick

Ana Chadwick is the Executive Vice President, Chief Financial Officer and Treasurer at Insulet Corporation. Previously, Chadwick served as Executive Vice President and CFO of Pitney Bowes and served as Chair of the Pitney Bowes ILC Bank in Utah. Chadwick served in a variety of leadership positions at GE Capital and has held several leadership positions of increasing responsibility within General Electric Company.

“Ana is an outstanding director, leveraging her deep financial and management expertise and strong insights into the evolving industry landscape to guide and contribute to productive conversations between management and the board. As a long-time member of the board, I have learned from Ana’s fresh perspectives and thoughtful questions. We are delighted to have her on the board.”

- TIM MCGUIRE, Board Member at Dollar General

“Ana is a fabulous leader on the Dollar General Board. She joined and quickly took leadership of the Audit Committee which she now Chairs. She is a consummate professional who is always prepared and knows when to dive deep or when to pull back. What I enjoy most is that she does this with a pleasant and engaging style which is inclusive of the board and the management team. It has been a pleasure working with her on the board.”

- DEBRA SANDLER, Board Member at Dollar General

Current Boards: Dollar General

Cynthia Comparin

Cynthia Comparin is the Founder and Former CEO at Animato, a technology solutions provider that partnered with clients to align business processes with technology to create value. Prior to establishing Animato, Comparin was President of ALLTEL’s Enterprise Network Services Division, Vice President and General Manager for Nortel’s Network Transformation Services Division, General Manager of Latin America at Recognition International, and in executive management at Electronic Data Systems.

“As a board member, Cynthia sets a thoughtful tone for our deliberations, brings forward insightful observations and is a go-to resource to make newer board members feel welcomed, onboarded and prepared.”

– LINDA RUTHERFORD, Board Member at Cullen/Frost Bankers, Inc.

“Cynthia embodies Frost’s core values of integrity, caring, and excellence. As a former CEO, she brings leadership experience, business acumen and sound judgment to the boardroom. As Chair of the Audit Committee and a member of the Technology Committee for Cullen/ Frost Bankers, Inc. and Frost Bank, Cynthia is thoughtful, inquisitive, and detail-oriented. Her curiosity and firm grasp of our business objectives have made Cynthia a strong partner and champion for Frost. We greatly appreciate Cynthia’s leadership.”

– PHIL GREEN, Chairman and CEO AT Cullen/Frost Bankers, Inc.

Current Boards: Backblaze, GHD Group, and Zoomcar, Inc.

Evelyn D’An

Evelyn D’An is a seasoned independent board director and chair of audit, compensation, and nominating/governance committees. As a distinguished Latina business leader, D’An has held diverse financial and operational leadership roles throughout her career. Previously, she was a senior finance leader at a multibillion-dollar global distributor and service provider for the wireless industry and spent 18 years at EY as an audit partner, advising clients across retail, consumer products, technology, media and more. She currently serves as the Chairwoman of the Florida Chapter of the National Association of Corporate Directors, demonstrating her ongoing commitment to corporate governance and leadership excellence.

“Evelyn is an engaged, committed and curious board member who brings her incredible experience, intellect and candor to every interaction. Her style is warm, supportive and welcoming whether she is supporting management and her peers or providing commercially focused constructive challenge as required or beneficial. It is a blessing to have her on our board!”

– JAN BABIAK, Board Member at GHD Group

Current Boards: Cullen Frost Bankers and Universal Display Corp.

Current Boards: Pinnacle West Capital Corporation and Gainey Business Bank

Previous Boards: Fiesta Bowl and Thunderbird School of Global Management (Trustee)

Gonzalo De La Melena

Gonzalo de la Melena is the Founder & CEO of Emerging Airport Ventures, an airport concessions company operating restaurants and retail in North American airports. He previously served as the President of the Arizona Hispanic Chamber of Commerce from 2010–2019. He has more than 15 years of consumer packaged goods (CPG) experience and conducted business in more than 30 countries. He is a seasoned global executive that held roles in brand management, mergers & acquisitions, strategic planning, corporate development and International management with the Coca-Cola Company, Dial Corporation, Henkel and is a member of Young Presidents Organization.

“Gonzalo has brought a fresh perspective to the Pinnacle West board – one that reflects both the community we serve and the businesses we partner with to provide clean, reliable and affordable energy across Arizona. He is a highly engaged, curious director whose contributions have positively influenced company performance as well as our ability to deliver for all stakeholders.”

–

JEFF GULDNER, Chairman, President, and Chief Executive Officer at Pinnacle West Capital Corporation

“Gonzalo is a valuable asset to our board, bringing extensive business experience and deep understanding of the market the bank serves. He constantly asks insightful questions, offers thoughtful advice, and shares relevant information and approaches from his extensive experience.”

– JAMES UNRUH, Chair of the Board at Gainey Business Bank

Pedro DeJesus

Pedro DeJesus is the Head of International Business & EVP, General Counsel & Corporate Secretary at Tampico Beverages, Inc.

Previously, DeJesus was the Vice President and Corporate Counsel at Information Resources, Inc. DeJesus is a seasoned C-Suite executive with a proven track record of creating and executing effective business solutions, solving complex management issues, and driving top-line growth and P&L success across North America, Central and South America, the Caribbean, and EMEA. He brings extensive experience as a board member for both public and private companies, including navigating private equity exits and managing employee-owned businesses.

“Pedro is a great asset to the board of directors, he is always welcoming, and makes new board members comfortable. He has ample knowledge of board governance and an outstanding meeting facilitator. I am most honored to serve alongside Pedro.” –

– MARIA-ELENA JONAS, Board Member at Lake Forest Bank & Trust

“Pedro is an exceptional member of our board. He brings his calm wisdom and superb leadership skills to every aspect of our work. His keen attention to detail is particularly helpful as he seamlessly assumed the chairmanship of our Audit Committee. We are very fortunate to have Pedro on our board.”

-FRANCES H. KRASNOW, Board Member at Lake Forest Bank & Trust Company

Current Boards: Lake Forest Bank & Trust - a Wintrust Financial Bank, Tampico Beverages, Inc. and Servicios Alimenticios Tampico, S. de R.L de C.V.

Previous Boards: Onward Brands, LLC

Susan DONIZ

Yum! congratulates Susan Doniz on her recognition as one of the “Hispanic Board Members Making a Difference!”

Thank you for helping us build the world’s most loved, most trusted and fastest-growing restaurant brands.

Current Boards: Cummins Inc. and Ferrovial S.A.

Bruno Di Leo Allen

Bruno Di Leo Allen retired from IBM in June 2018 as Global Senior Vice President, reporting to the Chairman and CEO. During his career at IBM he lead both geographies as well as the Global IT Services business and built a reputation for operational excellence, innovative strategic thinking, the highest level of integrity and a deep commitment to IBM clients.

“Bruno’s extensive experience executing growth strategies across international markets, driven by evolving and new technologies, has been instrumental in advising us on our strategy and commitment to lead the industry into the next era of smarter, cleaner power. His contributions to Cummins are invaluable, and we are deeply grateful for his leadership and service.”

– JENNIFER RUMSEY, Chair and Chief Executive Officer at Cummins Inc.

Sandra Castrucci Di Moise

Sandra Castrucci Di Moise is Managing Partner at AIC Capital, a USA alternative investments company focused in VC and Institutional Real Estate investments. Previously she had a successful C-Level career at Citigroup and Barclays, mostly in Wealth Management, Consumer Finance, Fintech and Payments Businesses across Latin America, USA, and Europe. An accomplished Senior Executive and Board Director, she has a strong track record in business transformation and growth, being recognized as a Global Leader excelling in building talented high performance teams across diverse cultures and organizations. Plus, she serves as advisor/ mentor of startup organizations like Endeavor Miami, Maze Impact, and Blue Ocean Foundation, and an advocate/speaker of D&I.

“Sandra has a notable commitment with governance and ethics, she offers a privileged in-depth knowledge and strategic view on financial services’ industry, and helps guide the organization’s direction with a clear vision.”

– LAURA

CHAVES, Board Member at Universo IME

Current Boards: BMG Money (Miami), and Universo (Portugal)

Previous Boards: Entercard (JV Barclays & Sweden Bank), and Nest Financial (USA)

Current Boards: TransForce, ParagonISG, Huntington Bancshares, and Angeles Investors

Previous Boards: Trachte LLC, Latino Corporate Directors Education Foundation, Massachusetts Growth Capital Corporation, Q’Max, FIFARMA, PREPA, BBK-GE, AmChamSpain, Fundación Lengua, AmChamMexico, Mabe Corporativo and Consejo de la Comunicación

Susan Doniz

Rafael Andres Diaz-Granados

Rafael Andres Diaz-Granados is the Chairman and CEO at TransForce, a CDL solutions provider with $250 million in revenues and operations across the United States and Canada. Prior to joining TransForce, Diaz-Granados was the CEO at ParagonISG. DiazGranados, a distinguished Fortune 10 company senior executive, has managed multi-billion dollar P&Ls and successfully grown, restructured, and optimized global businesses.

“In the few short years that Rafael has been a member of the Huntington board, he has already made a positive impact, from his deep operational knowledge, his entrepreneurial skills as well as his passion around community investment. I am delighted to work with and learn from Rafael.”

–

TANNY CRANE, Board member of Huntington Bank

Susan Doniz is the Chief Information and Data Analytics Officer of The Boeing Company and Senior Vice President of Information Technology & Data Analytics. Before joining Boeing in 2020, Doniz was the Group Chief Information Officer at Qantas Airways, where she expanded the airline’s digital ecosystem and adopted new technology. Doniz has been a proactive advocate and initiator of various diversity networks supporting women in science, technology, engineering, and mathematics, as well as Hispanics in business leadership. In 2022, the Association of Latino Professionals For America recognized her as one of the most powerful Latinas. Her career has taken her across Australia, Canada, Europe (including Spain, the Netherlands, and Belgium), numerous Latin American countries, and the United States.

“Susan is a strong thought partner, and her years of leadership and deep technology expertise are extremely valuable as Yum! continues to accelerate its efforts to be the leading global digital restaurant company. We are grateful for her service on our board and look forward to her shared insights as we build a world with more Yum! together.”

–

DAVID GIBBS, CEO at Yum! Brands

Previous Boards: Snipp Interactive, Liquor Stores, NA Ltd, Cymax.com, The Women’s College Hospital Foundation, Salvation Army, Yum! Brands, and Engineers Without Borders.

Current Boards: Pembina Pipeline, Carparts.com and, Lifespace Communities

Previous Boards: CME Group, Eletropar/Eletrobras, First Internet Bancorp, Amyris, and Harvest

Ana Dutra

Ana Dutra is a 3X CEO, having been the CEO and Proxy Officer of Korn Ferry. She has had global P&L roles with Accenture, CSC and IBM. Over the last 20 years, Ana has served on 7 global public company boards, 11 private company boards and multiple NFP boards.

“Ana is simply an outstanding board colleague. She brings a great breadth of knowledge and experience to the role and her insight into human and organizational behavior borders on the preternatural. As a bonus, she’s a vibrant and delightful individual.”

- JONATHAN SOKEYE, Board Member at Lifespace Communities

“Ana is a dynamic force on our board, bringing inspiring energy and passion. Her insights, grounded in operational experience, consistently bring clarity and direction, making her an invaluable contributor. Ana exemplifies what it means to be an effective and engaged board member, with a profound impact on our board and Lifespace.”

- Lifespace Communities Board of Directors

“Ana provides tremendous value to our board with her extensive experience in talent management, strategy, and governance. She is excellent at navigating complex corporate challenges and fostering a strong culture. It’s an absolute pleasure working with Ana.”

– NANXI LIU, Board Member at CarParts.com

Anna Escobedo Cabral

Anna Escobedo Cabral is the former Treasurer of the United States of America from 2004 to 2009. In this role, she oversaw the Bureau of Engraving and Printing and the U.S. Mint. In addition, she led the Treasury’s community development and public outreach efforts, including financial education initiatives designed to increase financial literacy and remove barriers to Americans’ success. From 2009 to 2018, Cabral served as senior advisor for external relations at the Inter-American Development Bank. She also has served as director of the Smithsonian Institution’s Center for Latino Initiatives and CEO of the Hispanic Association of Corporate Responsibility.

“Anna’s passion in assisting underserved segments of our society coupled with her successful tenure with the federal government is enabling Lincoln Tech to better achieve its mission and serve our students. Her broad and diverse professional experience enables her to quickly assess a situation, adds insights and depth to director discussions, and is already proving to be an asset to our board.”

Current Boards: Navient and Lincoln Educational Services Group

– SCOTT SHAW, CEO, President and Board member at Lincoln Educational Services Corporation – Navient Board of Directors

“Ana is a longstanding and valuable member of Navient’s Board of Directors, and we especially appreciate her thoughtfulness, unique experiences, collaborative teamwork and organizational skills. It is a pleasure to serve alongside her.”

Communities celebrates Ana Dutra’s recognition

100 Hispanic Board Members Making a Difference

e r n a n c e a n d s t r a t e g i c d i r e c t i o n

o f o u r o r g a n i z a t i o n W e a r e d e e p l y g r a t e f u l f o r h e r s t e a d f a s t d e d i c a t i o n

a n d i n v a l u a b l e c o n t r i b u t i o n s t o a d v a n c i n g o u r m i s s i o n c r e a t i n g

c o m m u n i t i e s w h e r e p e o p l e a r e e m p o w e r e d t o l i v e t h e i r a s p i r a t i o n s

T h a n k y o u , A n a , f o r b e i n g a n e s s e n t i a l a n d i n s p i r i n g p a r t o f o u r t e a m !

Current Boards: Alkegen, BakeMark, BBB Industries, Chelsea Football Club, Concert Golf Partners, MRP Solutions, Springs Window Fashions, Pretium Packaging, PrimeSource Building Products, Team Technologies, WellPet, Cedars Sinai Medical Center, LA28 Olympics, the J. Paul Getty Trust, the Robert Toigo Foundation, and Stanford University

Previous Boards: AmQuip Crane, ConvergeOne, EagleView, Futuris Automotive, Janus International (JBI), Jacuzzi Group, JetSmarter, Knight Energy Services, Lytx, Sage Automotive, Smart Sand (SND), Sunbelt Supply, Purple Communications, and Wheel Pros

José E. Feliciano

José E. Feliciano is the Co-Founder and Managing Partner of Clearlake Capital Group, L.P., an investment firm founded in 2006, with over $90 billion of assets under management, operating integrated businesses across private equity, credit and other related strategies. With a sector-focused approach, Clearlake seeks to partner with experienced management teams by providing patient, long-term capital to dynamic businesses that can benefit from its operational improvement approach, O.P.S. Prior to co-founding Clearlake, Feliciano was a Partner and member of the investment committee at Tennenbaum Capital Partners.

“José was selected for his outstanding leadership in private equity and investment and his extensive board service. As Co-Founder and Managing Partner of Clearlake Capital, a firm managing over $90 billion in assets, Feliciano has played a pivotal role in the success of numerous dynamic businesses through Clearlake’s innovative operational improvement strategy. His previous experience at Tennenbaum Capital Partners and his involvement on numerous prestigious boards further highlight his deep industry expertise and unique professional journey.”

– The BoardProspect Team

Antonio Fernandez

Antonio (Tony) Fernandez is currently an independent Board Director and consultant, having started his own firm, AFF Advisors, LLC, which specializes in helping companies optimize their supply chains and improve operational performance. Fernandez has over 40 years of management experience in operations and supply chain, having worked mostly in the food and beverage industry. His last two roles were Chief Supply Chain Officer for Cadbury, PLC and Pinnacle Foods. Tony also worked at Kraft Foods, PepsiCo and Procter & Gamble. He was a consultant for The Canaan Group and a Senior Advisor for McKinsey & Co.

“Tony is always prepared and engaged. He is incredibly focused on what’s most important to create shareholder value and is thoughtful in his approach to carrying out his responsibilities. I sit on four public company boards and I think Tony is one of the best Directors I’ve ever worked with.”

– KELLY BARRETT, Board Member at AmeriCold Realty Trust

“Tony had been a wonderful addition and major contributor to the Americold board. Among other things, Tony is an expert in systems, operations and logistics. When he speaks on any of these matters and more, you can hear a pin drop in the room as the executive leadership team and his fellow board members listen to his perspective. He also happens to be a really good guy. It has been a great pleasure to work with Tony on the Americold board.”

– DAVID NEITHERCUT, Board Member at AmeriCold Realty Trust

Current Boards: Americold Realty Trust, Inc., and Utz Brands, Inc.

Previous Boards: Liberty Property Trust, Green Rabbit, and Collier Creek Holdings

Manny Fernandez

Manny Fernandez Is the former Office Managing Partner and the Southwest Region Leader, across the Audit, Tax and Consulting practices at KPMG LLP. His experience includes advising and serving large, multinational, publicly traded companies across various industries. Fernandez’s business background covers business strategy, operations, M&A, financial literacy, international affairs, human capital management, compensation, and enterprise risk management. He spent three years as an expatriate in Mexico City with KPMG’s major multinational clients and three years as National Managing Partner for Talent Acquisition.

“Manny is an outstanding director, who brings a wealth of experience, perspective, and wisdom to the HF Sinclair board. He is very adept at bringing up challenging topics in a collegial manner, and pushes the conversation toward looking ahead rather than in the rear view mirror.”

– ANNA CATALANO, Board Member at HF Sinclair

“Manny is a terrific director with both excellent skills and a great manner with which he leads the Audit Committee. Manny is a great contributor to the board and consistently displays the values of the company, including respect and integrity. We are lucky to have someone of Manny’s expertise and character on the board.”

– JEANNE JOHNS, Board Member at HF Sinclair

Marcos Gabriel

Marcos Gabriel is the Incoming Executive Vice President and Chief Financial Officer at McCormick & Co (MKC) and a member of the Management Committee, leading teams across Global Finance and Global Business Services. With more than 25 years of experience across three continents, he has held key senior roles at McCormick, Avon, Unilever, and Eli Lilly, specializing in finance, strategy development, business transformation, corporate development, and risk management.

“Marcos was selected for his impressive career in global finance and business leadership, highlighted by his upcoming role as EVP and CFO at McCormick & Co. With over 25 years of experience across companies like Avon, Unilever, and Eli Lilly, Marcos has developed expertise in finance, strategy development, and business transformation across multiple continents. His deep knowledge of corporate development and risk management makes him an influential leader in global business operations.”

– The BoardProspect Team

Current Boards: HF Sinclair and Jacobs Solutions, Inc.

Current Boards: National Life Group

Current Boards: Stearns Bank, N.A., and ElevATE Semiconductor

Isaura Gaeta

Isaura Gaeta is a former Technology Executive with Intel Corporations where she served for four decades in various capacities from General Manager of Security Research improving the security and resiliency of Intel’s entire product line (Software, Firmware and Hardware) to Plant Manager of a 1000-person highly automated semiconductor manufacturing facility where she led with a strong safety and quality culture. She is proficient in all aspects of semiconductor processing and cybersecurity oversight. Her team provided $0.5B in cost avoidance yearly and she prepared risk assessments for Intel’s BOD. A Latina pioneer in semiconductors, Gaeta held a variety of other technical and leadership roles from designing prototypes to scaling to millions of units at Intel sites across the globe.

“Isaura’s expertise in successfully executing business transformations, strong track record of accelerating business growth, and passion for developing and leading high-performing diverse teams aligns perfectly to Stearns Bank’s goals of reimagining the financial services ecosystem. Since joining the Stearns Bank Board in 2022, she has become a vital member of the leadership team, helping to drive diversity, equity, and inclusion efforts across all of Stearns Bank. We’re honored to have Isaura on our Board and know that she’ll continue to play a strategic role in positioning Stearns Bank as one.”

–

Stearns Bank Board of Directors

Zulema Garcia

Zulema Garcia serves as Senior Vice President at WW Spend Management for Herbalife Nutrition, a global nutrition and health company with operations in 95 countries. Previously, she was an Audit Partner at KPMG for 24 years. Garcia earned her bachelor’s degree in Business Administration with a focus on accounting from Mount St. Mary’s University in 1995 and is a licensed certified public accountant in both California and New York.

“I have known Zulema for more than 25 years and worked with her at KPMG. She is an outstanding person professionally and personally. I recruited her to join the Skechers board. She brings talent, energy and commitment. She is innovative and trustworthy. Zuluma has quickly become an outstanding board member and has made a difference. Skechers is fortunate to have Zuluma serve as one of its board members.”

– MORTON ERLICH, Board Member at Skechers USA

Current Boards: Skechers and Mount St. Mary’s University

Previous Boards: Boys & Girls Clubs of Metro Los Angeles, the Ronald McDonald House Charities of Southern California, and Legal Aid Foundation of Los Angeles

Lili Gil Valletta

Lili Gil Valletta is the Chief Executive Officer and Co-Founder at CULTURE+ GROUP. Previously, Gil Valletta had a 10 year tenure with Johnson & Johnson as their Director Global Marketing Services | Co-Founder of HOLA and Chair. Recognized twice by Inc. 5000 as one of America’s fastest-growing independently owned companies, the group encompasses CIEN+, The Choice+, and Human Dot Plus. Gil Valletta is also among the less than 2% of Latinas serving on a Fortune 500+ public board.

“Lili brings extensive experience in corporate governance, global business strategy and diversity advocacy to our board. Her contributions are always on point, informed by her in depth expertise in insights and analytics. She is a great board colleague and someone I keep learning from.”

–

CARMEN BAUZA, Board Member at Zumiez

Ignacio “Nacho” Giraldo

Ignacio “Nacho” Giraldo is a Board Member, Advisor, and Senior global business executive with a history of improving operating performance and increasing shareholder value in companies ranging from startups to FTSE 100 companies. Giraldo is a Partner In the TPG Growth and TPG Rise funds at TPG.

“Ignacio (Nacho) brings a combination of broad strategic insight and strong operational expertise to the Board. His approach enables him to support his fellow directors in charting the company’s course while also assisting management with tactical decisions, ranging from marketing to talent development. Nacho is unafraid to ask tough questions, always with the goal of strengthening the company. He is highly approachable and available, becoming an integral part of the team.”

– ALBERT DOUER, Executive Chairman & CEO at UBQ Materials

Current Boards: UBQ Materials

Previous Boards: SmartSweets

Current Boards: Zumiez and RCN Television

Tabata Gomez

Tabata Gomez is the Chief Marketing Officer at McCormick, overseeing the #1 Herbs & Spices Brand in the World, the #1 Hot Sauce and the #1 Mustard in the World. Prior to joining McCormick, Gomez served as Chief Marketing Officer for Stanley Black & Decker, Tools & Outdoor where she had stewardship of a $14 billion portfolio of brands including Dewalt, Craftsman and Black & Decker. Dynamic executive with extensive international experience and a proven track record in marketing, innovation, and strategy. Renowned for driving growth and inspiring teams, with a strong history of building and transforming brands across diverse markets.

“With her exceptional marketing expertise and keen business acumen, Tabata consistently demonstrates unparalleled professionalism. She is not only an incredibly intelligent Director, but also treats everyone with the utmost respect, fostering a positive and inclusive working environment.”

– TIMOTHY MEEKER, Chairman at Helen of Troy

Paola Gonzalez

Paola Gonzalez is a Vice President, Global FP&A of The Clorox Company, a global consumer packaged goods company, which she joined in 1997. In her current role, she provides financial leadership across all Clorox businesses and business development efforts. With a distinguished career at Clorox spanning over twenty-five years, she has a wide range of financial and operational P&L experience and a demonstrated track record of financial leadership and shareholder value creation. In 2021, she was elected to the Board of Directors of Abbott Laboratories, a mega-cap global healthcare company.

“Paola is an exceptional Director. Her financial acumen and collaborative style contribute beautifully to the Board’s deliberations. Paola is supportive of the management team, but not afraid to challenge conventional thinking when needed. She has added great value to our Boardroom.”

– JOHN STRATTON, Board Member at Abbott Labs

Current Boards: Abbott Laboratories

Previous Boards: East Oakland

Youth Development Foundation

Current Boards: Helen of Troy

Current Boards: Sprouts Farmers Market, Inc., LL Flooring, Inc., and San Diego State University Business Board

Previous Boards: CV Sciences, Inc., 1-800 CONTACTS, Hot Topic, Inc., and March of Dimes

Terri Funk Graham

Terri Funk Graham is the former SVP and Chief Marketing officer for Jack in the Box, Inc. Graham is one the few female Chief Marketing Officers who has served as an independent Board Director for multiple Fortune 1,000 companies over the past twelve years. Her leadership roles have provided her with deep expertise in addressing key boardroom challenges, including strategy development, branding and brand reinvention, digital transformation, CEO and C-Suite succession planning, financial turnarounds, growth strategies, crisis management, and driving cultural change. Graham serves as the Chairperson on Nominating and Governance Committees as well as sits on Compensation and Risk committee’s of her boards.

“Terri is an engaged and thoughtful board member who brings keen insights from her years of marketing experience and board service. She is a strong advocate of diversity and corporate governance and is especially effective at building relationships with the management team and fellow board members

– JOSEPH O’LEARY, Board Member at Sprouts Farmers Market

Linda Griego

Linda Griego serves on the board of directors of Paramount Global (former Viacom/CBS). She previously served on eight public/private company boards, seven mutual fund boards and was a Los Angeles director of the Federal Reserve Bank of San Francisco. As President/ CEO of Griego Enterprises, she built and operated restaurants/ bakeries. She previously served as CEO of Rebuild LA. Griego received a BA degree from UCLA and was awarded the UCLA Medal in 2008.

“Linda is a seasoned board member with decades of leadership experience at the highest levels. Her intelligence shines through in every discussion, as she consistently asks the hard, right questions that drive us toward thoughtful decision-making. Linda brings a diverse perspective to our meetings, enriching our conversations with her unique insights. What truly stands out is her remarkable ability to lead with both humanity and performance, ensuring that our goals align with the values we uphold as an organization.”

– SUSAN SCHUMAN, Board Member at Paramount Global

Current Boards: Paramount Global Previous Boards: CBS, AECOM, American Funds, Granite, Southwest Water Co. City National Bank, Tokai Bank, First Interstate Bank and Blockbuster Inc.

Current Boards: Universal Health

Realty Income Trust and Delaware Bar Foundation

Rebecca Guzman

Rebecca Guzman is a Partner and Vice Chair of Mergers & Acquisitions at Duane Morris LLP. Prior to joining Duane Morris, Guzman was an associate at Skadden, Arps, Slate, Meagher & Flom LLP and Kirkland & Ellis LLP. She has extensive experience in private equity and venture capital investments and mergers & acquisitions. She has advised clients on over $25 billion of both buy-side and sell-side transactions. Guzman was named to Best of the Bar by the Philadelphia Business Journal in 2022 and in 2023 was named a Most Effective Deal Maker by the Legal Intelligencer. In 2023, she was named to the Delaware Business Times’ 40 under 40, an annual list that recognizes the best young professionals under the age of 40 in the State of Delaware.

“Rebecca is a valued member of the UHT board, providing expertise on general corporate matters and the structuring and negotiation of complex business transactions. As a lawyer, she offers insights and new perspectives that help us shape future courses. We particularly appreciate her leadership on corporate governance topics, her diligence and her thoughtful approach to board discussions.”

– MARC MILLER, President, CEO, and Board Member at Universal Health Realty Income Trust

Melanie Healey

Melanie (Mel) Healey is the former Group President of The Procter & Gamble Company. Prior to Procter and Gamble, Healey was the Product Manager to Group Product Manager at Johnson and Johnson. During her 25 years at Procter & Gamble, Healey served as Group President and advisor to the Chairman and CEO, overseeing North America and the Global Health, Feminine, and Adult Care sectors. With over three decades of experience, she has expertise in strategy, branding, and operations from her leadership roles she held at Procter & Gamble, Johnson & Johnson, and S.C. Johnson & Sons.

“Mel’s proven leadership and track record of delivering growth and driving operational improvements is highly valued by our leadership team. Her experience within the consumer products industry also provides unique perspectives and insights, as PPG continues to strengthen our global brand and grow our business.”

– TIM KNAVISH, Chairman and CEO at PPG

Current Boards: Kenvue, Hilton, and PPG

Previous Boards: Verizon, Target, and Bacardi

Current Boards: Bremer Financial Corporation and Bremer Bank

Previous Boards: Bush Foundation, Hispanic Scholarship Fund, and MEDA

Anthony Heredia

Tony Heredia is the SVP and Chief Ethics and Compliance Officer at Target. He leads regulatory compliance, ethics, corporate security, crisis management, and food safety and quality, as well as Target in India’s legal affairs functions. Heredia also serves as internal staff to Target’s board of directors’ audit and risk committee. His prior roles included VP of Risk and Compliance and VP of Corporate Responsibility. Heredia’s early tenure at Target included leading the information security function, establishing the enterprise risk management program, and navigating a public proxy contest. He has played a pivotal role in fostering Target’s corporate culture in the areas of diversity, equity, and inclusion; sustainability; and risk management. Prior to Target, he was a management consultant at Booz Allen Hamilton.

“Tony is an outstanding addition to the Bremer Financial Corporation board of directors. His understanding of the marketplace, depth of experience, and executive leadership skills have already revealed themselves, enriching our board discussions and strengthening our business. We are grateful Tony has chosen to share his many talents for the betterment of Bremer.”

– JEANNE CRAIN,

President and CEO at Bremer Financial Corporation

Catherine Hernandez-Blades

Catherine Hernandez-Blades is the former Senior Vice President, Marketing and Communications for SAIC, a Fortune 500 technology integrator. Before joining SAIC, Hernandez-Blades held roles of increasing responsibility at Aflac, Inc., a publicly traded provider of supplemental health insurance and life insurance products, concluding in the role of Senior Vice President, Chief ESG and Communications Officer. Hernandez-Blades has held other executive positions at Flextronics International Limited and Raytheon.

“It’s been great serving with Catherine on the CoreCivic board. She brings perspectives from various corporate roles and has good insights on HR and communication topics. She has a very engaging and collaborative style that works well with our board.”

– ALEX FISCHER, Board Member at CoreCivic

Current Boards: CoreCivic, Inc., Delta Delta Delta Corporation, and WCF Davos Advisory Board

Previous Boards: Operation HomeFront and CASA

Current Boards: Victoria’s Secret and MediaCoHolding Previous Boards: Redbox Automated Retail, Isos Acquisitions Corporation, and Estrella Media

Jacqueline Hernández-Fallous

Jacqueline Hernández is Interim CEO at MediaCo Holding, a publicly traded media company serving US multicultural audiences. She is also Founder & CEO of New Majority Ready, a value creation strategy consulting and content development firm focused on helping companies reach and engage with both multicultural and youth audiences [Gen Z and millennials] consumers. Hernández-Fallous is the former President of Combate Américas, the leading Hispanic MMA Sports franchise and has held other executive positions at NBCUniversal and Telemundo Enterprises.

“Jackie is a smart, dynamic and insightful board colleague. She brings not only sharp insights on her subject matter expertise in marketing and media, but also great overall strategic leadership and human capital management. She is a very modern, relevant director, always in touch with in-the-moment social and cultural moods and trends, which is so important to a consumer-obsessed company. Her insights are always fresh and onpoint.”

– IRENE BRITT, Board Member at Victoria’s Secret and Co.

Miriam Hernandez-Kakol

Miriam Hernandez-Kakol is the former Global Head of the Management Consulting Practice at KPMG LLP, where she led multiple successful practices and service lines until 2021. Prior to joining KPMG, she was a SVP and General Manager at Telcordia Technologies. Hernandez-Kakol is a trusted advisor to C-suite executives, with a demonstrated track record in building highperforming businesses, sparking innovation, and leading enterprisewide transformations. Hernandez-Kakol has collaborated with Fortune 100 executive teams to align technology solutions with both current and future business needs, while cultivating client-service cultures that achieve outstanding top-line results.

“We were very fortunate to have Miriam, the retired senior partner and global head of management consulting practice for KPMG, join the Hovnanian board. Although she brought both gender and ethnic diversity to our board, proven to be even more valuable was her broad business acumen and strategic insights. Her presence on our board not only enhances our decision-making processes but also enriches our organizational culture with valuable diversity perspectives.”

– J.LARRY SORSBY, Board Member and retired CFO at Hovnanian Enterprises, Inc.

Current Boards: LPGA Foundation, Toyota Financial Savings Bank, and K. Hovnanian® Homes

Current Boards: Bath & Body Works, Inc., Equitable Holdings, and Abra Group

Francis Hondal

Francis A. Hondal is the former president of loyalty and engagement services – a global Data & Services business unit at Mastercard Worldwide. Hondal previously led credit and loyalty products globally for Mastercard, responsible for growing usage and preference of Mastercard-branded products. Prior to joining Mastercard in 2011, she launched a business development and marketing service firm following a 17-year career at American Express, where she held various senior level general management, marketing, product, and finance roles within international consumer services.

“We are pleased to have this opportunity to recognize Francis’ contributions to the Equitable Holdings Board. Francis brings a deep understanding of both business and consumer markets. She brings passion and energy to our Board, leaning in to support our people in and outside the boardroom.”

– MARK PEARSON, President and Chief Executive Officer at Equitable Holdings

Jonathan Huberman

Jonathan Huberman is the President and Chief Executive Officer at Nogin. He was previously the Chairman, Chief Executive Officer and Chief Financial Officer of Software Acquisition Group Inc. Huberman has held other executive positions at Ooyala, Syncplicity, Tiburon, and Iomega Corporation.

“Jaime was selected for his extensive leadership experience in the global consumer and industrial products sectors. As CEO of Fluidra and with over 30 years of experience, Jaime has successfully led high-performance teams and driven growth across international markets. His previous executive roles at Stanley Black & Decker, where he oversaw Latin American expansion and the “Global Tools & Storage” division, further demonstrate his strategic expertise. Jaime’s impressive global career makes him a notable inclusion in 100 Hispanic Board Members Making a Difference.”

– The BoardProspect Team

Current Boards: CuriosityStream

Current Boards: Turtle Beach Corporation, Ronald McDonald House of Chicagoland/Northwest Indiana, and Northern Illinois University College of Business [NFP] Previous Boards: Tribune Publishing, BestReviews.com, News Media Alliance, Long Island Association, Ronald McDonald House of Long Island and Family & Children’s Association

Terry Jimenez

Terry Jimenez was the Chief Executive Officer at Tribune Publishing and is currently the Non-Executive Director of Turtle Beach Corp. and an Adjunct Professor at Northern Illinois University. He is a proven leader with a strong record of enhancing team performance, fostering professional growth and increasing shareholder value. Has held leadership roles at McDonald’s Corp., Tribune and IBM. Skilled in strategy, digital, financial, M&A and leadership areas, adept at navigating challenges across diverse industries and countries. Experience as a Public Company CEO and CFO, excelling in various roles and settings.

“On behalf of the entire Turtle Beach Corporation, the Board of Directors would like to extend our appreciation and respect to our Chair, Terry Jimenez. Terry has exemplified exceptional leadership, strategic vision, and unwavering commitment to the success and growth of Turtle Beach. He has fostered a culture of innovation, collaboration and excellence within management and the board. Under Terry’s guidance, Turtle Beach has delivered value to our customers, shareholders, and partners. His leadership inspires all of us as we move forward into an exciting future”

– Turtle Beach Board of Directors

“Having worked extensively now with Terry over a number of years, I can say that his board leadership and value-add is second to none. He has an uncanny ability to connect with executives, board members, and investors alike, forecast issues well ahead of the curve, and help guide management teams to get to a better answer. He is a team player, he is willing to make significant personal sacrifices to complete the job, and any company would be lucky to have his involvement.”

– WILL WYATT, Board Member at Turtle Beach

Maria Teresa Kumar

Maria Teresa Kumar is the President and CEO of Voto Latino, America’s largest Latinx voter registration and advocacy organization, which she co-founded in 2004. She is also a regular on-air contributor for MSNBC. Kumar serves on the Boards of Emily’s List and the World Economic Forum’s Global Shapers and is a World Economic Forum Young Global Leader and a Council on Foreign Relations Life Member.

“I am privileged to have Maria Teresa as a director on our board. She is not only an unusually thoughtful and effective leader but also a wonderful contributor to the culture of our board. Maria Teresa brings unique skills, expertise, and perspective that consistently elevate our discussions and enrich our board’s deliberations and outcomes. As the CEO, I have benefited tremendously from her wise counsel.”

– ED ROSENFELD, Chairman and CEO at Steven Madden, Ltd.

Current Boards: Steve Madden

Current Boards: Duckhorn Portfolio

Previous Boards: YuMe

Adriel Lares

Adriel Lares is the CFO of Chelsea Football Club which he joined in November 2024. Based in London , Chelsea FC was founded in 1905 and competes in the Premier League. Previously, Lares was the CFO at Stash, dedicated to making investing easy for everyday Americans. Prior to Stash, Lares was the CFO at Fastly, where he helped the company reach an annualized run rate of more than $300 million and led it through an IPO. Over 5 years he helped position Fastly in the top echelon of rapid-growth Silicon Valley companies. Previously, Lares was the CFO at 3PAR, which he also led through a successful IPO, managed investor relations, and scaled the accounting, finance, and treasury functions.

“Adriel is a great partner on our Board for me. He leads with Financial oversight excellence but also delivers a very sound strategic perspective in our Boardroom. I love how he probes difficult and challenging topics.”

- MARSHALL FARRER, Board Member at The Duckhorn Portfolio

Gerry Lopez

Gerry Lopez is a global business executive with over 35 years of experience leading transformations and creating shareholder value across diverse businesses and industries, including Hospitality (Extended Stay America), Entertainment (AMC Theatres), MultiUnit Retail (Starbucks), Food & Beverage (PepsiCo), Consumer Packaged Goods (Procter & Gamble) and Supply Chain (Handleman Company). Over almost ten years at Extended Stay America and AMC Theatres, he held the title of President and Chief Executive Officer. From 2018 to 2022, was Head of the Operating Group for SoftBank Investment Advisers [SBIA], manager of the $100B SoftBank Vision Fund 1and $60 B Vision Fund 2. In October 2022, he was named an Executive-in-Residence at SBIA, advising portfolio Companies in the consumer sector across both Funds.

“Gerry is an exceptional Board member! He brings an advanced level of governance expertise, outstanding leadership experience as a former CEO, and a highly pragmatic operator’s lens.”

– REGGIE GILYARD, Board Member at Realty Income Corporation and CBRE

“Gerry is a fabulous Board member and director as he brings a great mix of professional experience, intellectual depth, focus, and humor. He is also a wonderful contributor to the culture of the board, and the mission and values of the company. We are truly fortunate to have him on our team.”

– GREG MCLAUGHLIN, Board Member at Realty Income Corporation

Current Boards: CBRE, Realty Income Corporation, and Newell Brands

Current Boards: United Rentals, Inc.

Francisco Lopez-Balboa

Francisco Lopez-Balboa is a global finance executive with over three decades of leadership experience. He has served as Executive Vice President and Chief Financial Officer of Cumulus Media Inc. since March 2020. Prior to Cumulus, Lopez-Balboa was Executive Vice President and Chief Financial Officer of Univision Communications Inc. (now TelevisaUnivision), the leading media company serving Hispanic America. Prior to that, he was a managing director with Goldman Sachs for more than 20 years, specializing in the telecom, media and technology sector. He began his career with Merrill, Lynch & Co.

“Frank consistently demonstrates exceptional leadership and vision, combined with deep subject matter expertise, as a member of our Board of Directors. We are grateful for Frank’s expertise and unwavering dedication to United Rentals and all of its stakeholders.”

– MICHAEL KNEELAND, Chairman at United Rentals

Monica Lozano

Monica Lozano is the former President and CEO of College Futures Foundation. Previously, Lozano was the Chief Executive Officer at impreMedia, one of the country’s largest and most influential national multi-media content companies targeting the US Hispanic market. Throughout her professional career, Lozano has been committed to broadening educational opportunities, particularly for underserved communities. She is a seasoned business executive with experience in leadership roles across corporate sectors, media, philanthropy, and more.

“Monica is an outstanding board member. She is smart, strategic and collegial. She does a fantastic job leading our [Compensation and Human Capital] Committee. She is passionate about developing talent and fostering an open and inclusive culture and is effective at navigating countless complex compensation issues.”

– MIKE WHITE, Board Member at Bank of America

Current Boards: Apple, Bank of America, and Target

Previous Boards: The Walt Disney Company and Tenet Healthcare

Rebecca Martinez O’Mara

Rebecca Martinez O’Mara is a C-suite executive with experience managing businesses of $1 billion in revenue across Europe, Asia, and the Americas. At Stanley Black & Decker, she was President of Industrial Services, leading AI-driven initiatives. At Grundfos Holdings, she led the Service & Solutions business. Before Grundfos, she created sustainable products and services at Sullair, Fiat Group, and Caterpillar. A champion for diversity, she’s held leadership roles in Employee Resource Groups and has received honors like the Maestro Award. She holds a Finance degree from the University of Illinois and an MBA from Kellogg School of Management.

“Rebecca was chosen for her impressive career as a global business leader, managing billion-dollar businesses across Europe, Asia, and the Americas. With roles like President of Industrial Services at Stanley Black & Decker, where she led AI-driven initiatives, and leadership positions at Grundfos Holdings, Sullair, Fiat Group, and Caterpillar, Rebecca has a deep background in innovation and sustainability. Her leadership in diversity initiatives and her extensive international experience make her a significant figure in the global industrial sector.”

– The BoardProspect Team

Sonya Medina

Sonya Medina is President and CEO of Reach Resilience, a national foundation serving communities in crisis. Medina began her career as a White House Appointee to President Bush and First Lady Laura Bush. She was Director of the AT&T Global Foundation, and Executive VP of Corporate Affairs at Silver Eagle Distributors, the nation’s largest distributor of Anheuser-Busch products. A champion for women and minorities, Medina founded the Latina Leadership Institute and speaks globally on social impact, leadership, and corporate governance. She was named a “Director to Watch” by Directors & Boards for her contributions to diversity.

“Sonya has been a leader on the board of Papa John’s for many years. She inspires us to think bigger about the culture and our people. Sonya brings a consistent and steady voice, particularly around innovation. She maintains deep and continued appreciation for our customers, our franchisees and our employees. She’s a joy to have on the board.”

– Papa Johns Board of Directors

“Sonya is an inquisitive board member who asks thoughtful and helpful questions and brings a keen insight into a broad topic of issues. Sonya is well respected by fellow board members and management and is frequently sought by members of management for mentorship. Sonya is kind and gentle with her approach and impactful with the points she makes in striving to improve the business.”

– ANTHONY SANFILIPPO, Board Member at Papa Johns

Current Boards: TKO Group Holdings, Inc. and Papa Johns International

Previous Boards: Delta Apparel, Inc.

Current Boards: Enviri and Kadant

Current Boards: Levadata Inc., Peloton Interactive, Kinaxis, and SleepNumber

Angel Mendez

Angel Mendez most recently served for four years as EVP and COO of HERE Technologies where he led HERE’s core business, global operations, product management, and corporate transformation. Prior to HERE, he served ten years in executive leadership roles at Cisco Systems responsible for the company’s enterprise transformation program as well as its global supply chain. Mendez began his career at GE, graduating from the Manufacturing Management Program and serving 12 years in increasingly responsible assignments. Following GE he served in senior executive roles at AlliedSignal, Citigroup, Gateway, and Palm.

“It has been my privilege to know Angel for a long time, before he joined the LevaData board as Executive Chairman. Angel is a consummate executive, bringing his decades worth of deep supply chain knowledge, organizational and leadership expertise to the table. We benefited not only from his wisdom but his candor and openness to roll up his sleeves and help us in our journey. I am deeply indebted for his friendship, guidance and support.”

– RAJESH KALIDINDI, Founder and Board Member at LevaData Inc.

“Angel is a true value -added board member. He brings curiosity, experience and intelligence to the Board. He leads by listening to understand and asks highly relevant questions which enrich the board dialog. He also has the courage of his convictions and takes on hard issues with tact and honesty. Angel makes any board he is on a better board.”

– HILARY

SCHNEIDER, Board Member at Sleep Number

Adriana Mendizabal

Adriana G. Mendizabal is currently Group President in Stanley Black & Decker for the Latin America Region, and prior to this, President of North America Stanley Black & Decker, Tools & Storage. Before this, she was Global Chief Marketing and Innovations Officer, including Research & Development, and President of the Americas for Nature’s Sunshine Products, Inc. She was Global Marketing SVP for Visa. Earlier in her career, she held numerous leadership roles as General Manager and Regional Head in Johnson & Johnson, Kodak, and Procter & Gamble.

“Adriana is a valued asset and a clear voice to our Calavo Growers’ board members and to our management. As chairwoman of the Governance/ESG Committee, Adriana brings a calm, pragmatic and deliberative presence to our board conversations. She listens emphatically and contributes thoughtfully. She thinks strategically and is adept at engaging in collaborative discussions. She encourages sharing a diversity of ideas and experiences. It’s a pleasure to serve with Adriana. I value her as a peer and a friend.”

- JAMES HELIN, Board Member at Calavo Growers

“Adriana is a thoughtful, engaged and involved Board Member who cares about the company and its management team. She brings her experience and business judgment into every discussion and exhibits the concept of “noses in, fingers out” by asking good questions to seek understanding of the company’s strategy and business practices.”

- KATHLEEN HOLMGREN, Board Member at Calavo Growers Inc

Current Boards: Calavo Growers

Previous Boards: Bank of New York

Mellon - Mexico

Julio Portalatin

Current Boards: Guild Holdings, Hunter Industries, Inc., One Stop Systems and, CARI Health

Gioia Messinger

Gioia Messinger, serves as founder and principal of LinkedObjects, Inc., a strategic advisory services business focused on digital transformation brought about by artificial intelligence (AI) and the internet of things (IoT). She served as founder and chief executive officer of Avaak, Inc., now Arlo Technologies (NYSE:ARLO), a leading home security systems company.

“Gioia brings a potent and unusual combination of skills and experiences to the Indyme Solutions Board; her valuable contributions in technical, operational, financial and HR issues have had a positive and lasting impact on the company’s direction and results. Always thinking several steps ahead, Gioia anticipates challenges and opportunities and steers board discussions towards company priorities by asking tough questions and challenging conventional thinking. Indyme’s board and management team trust and respect Gioia and view her as an important asset to the company.”

– DARIO SANTANA, Board Member at Indyme Solutions

“Gioia is an incredibly valuable board member at CARI Health. It has been a pleasure to serve alongside her! She is very insightful and has a unique ability to positively impact the company and its management team not only with important near- and long-term strategic issues, but also with complex operational issues and team building. She is exquisitely prepared and her thoughtful questions and perspectives are always a tremendous value add.”

– CHARLES PATTON, Board Member CARI Health

Jose Minaya

Jose Minaya is the Global Head of BNY Investments and Wealth at BNY Mellon. Before joining BNY, Minaya served as the Chief Executive Officer at Nuveen, a $1.2 trillion asset management firm under TIAA, where he was pivotal in shaping the firm’s strategy and enhancing its diverse investment solutions for clients. With over 25 years of experience in the investment sector, Minaya has held influential roles at top financial institutions including AIG, Merrill Lynch, and JP Morgan.

“I feel fortunate to be on a board with Jose. He makes us better with his well informed judgment and his experience-based input. Giving feedback in a way that is heard is just one of his many superpowers.”

– KATHY

HILL, Board Member at Moody’s Corporation

Current Boards: Moody’s Corporation

Current Boards: Lithia Motors Inc. and Oportun Financial Corporation

Previous Boards: Rite Aid Corporation

Louis Miramontes

Louis Miramontes is a former Partner at KPMG. Miramontes is a qualified financial executive and audit committee financial expert, specializing in the oversight of financial reporting, internal controls, risk assessments, and cybersecurity. He brings a wealth of expertise from his distinguished 38-year career at KPMG, where he held numerous leadership positions both in the U.S. and across Latin America.

“Lou brings incredible humility, intelligence and impact to his Board work. He listens, learns and consumes complex information quickly. He helps us simplify and focus on manageable steps that bring both risk mitigation and forward progress for the business.”

“Lou brings decades of financial acumen, gained internationally, to our board and its processes. He does so with both optimism and realism, which advances our culture. In the boardroom, Lou’s focuses on getting to the key underlying issues that, when resolved, will make the biggest difference for our shareholders. He welcomes new members and celebrates the contributions of all.”

– DAVID ROBINO, Board Member at Lithia Motors, Inc.

Michael Montelongo

Michael Montelongo serves on the Harvard Business School faculty and is an independent director, audit committee financial expert and NACD Board Leadership Fellow. He was a Sodexo, Inc. senior executive and is a former Bush White House appointee serving as the 19th Assistant Secretary and Chief Financial Officer of the US Air Force and the first Latino in that role. Montelongo was an executive with a global consulting firm, a telecommunications company, and completed a US Army career, a Congressional Fellowship, and service teaching at West Point. Recently, he received the Latino Leaders Magazine Maestro Lifetime Award for Leadership.

“Michael’s extensive experience in industrial services and his leadership in governance and ESG matters have significantly enhanced the effectiveness of Civeo’s Board. His thoughtful and measured approach ensures that oversight is meticulously balanced with collaboration, fostering a productive and respectful environment among directors and management alike. Michael’s interactions with fellow directors and management reflect his proactive nature and intellectual curiosity, stimulating insightful dialogue on evolving and complex issues.”

– Civeo Corporation Board of Directors

Current Boards: Civeo Corporation, Conduent Inc., Palmex Alimentos, and NACD

Previous Boards: The Larry H. Miller Company, Herbalife Nutrition, Exostar, LLC, The Aerospace Corporation, UniTek Global Services , Inc., DataPath, Inc., NASA, and Denny’s Corporation

– SANDRA SMITH, Board Member at Oportun

Current Boards: Northwestern Mutual

Jaime Montemayor

Jaime Montemayor is the Chief Digital and Technology Officer at General Mills. Montemayor joined General Mills with over 20 years of experience in the technology space, having held leadership positions at Oracle, Booz Allen Hamilton, and PepsiCo. His career has been global and multicultural with a focus on partnering with transformational business leaders to leverage technology to drive differentiated business outcomes. Prior to joining General Mills, he served as PepsiCo’s Senior Vice President and Chief Information Officer – Digital Innovation, Data and Analytics.

“Jaime’s thoughtful inquiries based on his broad and deep experience enlighten both management and his board colleagues. I have learned a great deal from Jaime and have seen the benefits to our policyowners from his work on our board. I deeply appreciate his service.”

– RALPH WEBER, Board Member at Northwestern Mutual

Michael Montoya

Michael Montoya is the Senior Vice President & Chief Information Security Officer at Equinix. Montoya possesses a wealth of experience in technology and has held various leadership positions at Microsoft, Mandiant/Fireeye, and Digital Realty, directing global IT, cybersecurity, and service delivery programs. Montoya is a renowned IT leader in the industry and currently serves as an Independent Director for both F5 Networks and Sygnia Security.

“Michael has been a significant contributor to our board since joining in 2021. He brings a wealth of technology experience and a unique perspective as a Chief Information Security Officer that is invaluable as we navigate today’s cybersecurity landscape for our customers and the company. His deep knowledge of artificial intelligence and the opportunities and risks for businesses is a huge asset to the board, the F5 leadership team, and our shareholders.”

– MIKE DREYER, Board Member

at F5, Inc.

Current Boards: F5 and Sygnia

Current Boards: CenterPoint Energy, Inc., Port of Houston Authority, Harris County Hospital District Foundation, Harris County One For All Foundation, and Houston Parks Board

Wendy Montoya Cloonan

Wendy Montoya Cloonan is a Partner at Cantu Harden Montoya LLP, a public law and public finance firm. Previously, Cloonan was the Founder and Sole Shareholder (Aug. 2019 - Dec. 2022) of The Law Office of Wendy Montoya Cloonan, PLLC, a public law and public finance firm based in Houston, Texas. Cloonan was the Senior Program Officer in Education, Assistant General Counsel and Director of Legal (Feb. 2015 - July 2019) at the Houston Endowment, Inc., a private foundation that partners with other organizations in the nonprofit, public, and private sectors to improve quality of life for the residents of greater Houston. Cloonan was a Public law and finance attorney at Hunton Andrews Kurth LLP (formerly Andrews Kurth LLP) (2013 - 2015), Schwartz, Page & Harding, L.L.P. (2011 - 2013) and Vinson & Elkins L.L.P. (2006 - 2011).

“Wendy is the consummate, professional board member, who has real subject matter expertise and delivers real value to the enterprise.”

– RICKY

RAVEN, Board Member at Centerpoint Energy

Elsa Murano

Elsa Murano is the Director of Norman E. Borlaug Institute for International Agriculture at Texas A&M University. Dr. Murano began her professional career as professor at Iowa State University, later moving to Texas A&M in 1995, serving as director of the Center for Food Safety. In 2001, she was appointed by President George W. Bush to serve as Undersecretary for Food Safety for the U.S. Department of Agriculture. Dr. Murano subsequently returned to Texas A&M as Vice Chancellor and Dean of Agriculture and Life Sciences and later became the first woman President of the University.

“Elsa is committed to food safety. She brings her knowledge, experience and passion to every meeting.”

– MIKE ZECHMEISTER, Board Member at Hormel

Current Boards: Hormel Foods and Blue Bell Creameries

Beatriz Perez: Making A Difference

Primerica is proud to recognize Bea Perez as one of BoardProspects’ “Hispanic Board Members

Making a Difference.” Your support, leadership and commitment to Primerica’s mission is unparalleled.

Bea has served on the Primerica Board of Directors since 2014.

Lila A. Manassa Murphy

Lila A. Manassa Murphy, CFA, CPA, is Chief Financial Officer of Dundee Corporation (TSX: DC.A) overseeing Finance, Investor Relations, Information Technology, Legal, Compliance and Human Resources. Throughout her tenure, she has demonstrated exceptional expertise in M&A, divestitures, restructuring, establishing joint venture partnerships, and identifying lucrative investment and acquisition opportunities. Prior to her role at Dundee Corporation, Manassa Murphy amassed over 25 years of investment management experience and fiduciary responsibility, most recently as having founded Intrinsic Value Partners, which provided consulting services to family offices and asset management firms.

“It has been great getting to know Lila as a person and watching her embrace her responsibilities as a board member and as chair of the audit committee. She is knowledgeable and willing to share her well honed expertise. Lila has also demonstrated an admirable ability to communicate equally well with those in the company responsible for our audit material as well as the auditors, senior management and fellow board members. I believe she would be a valuable addition to any board.”

– RICHARD PRESS, Board Member at Green Brick Partners

Current Boards: Ryder System

Previous Boards: AutoZone, Inc.

Luis Nieto Jr

Current Boards: Gold Resource Corp and Green Brick Partners

Luis Nieto served as President of the Consumer Foods Group for ConAgra Foods Inc., one of the largest packaged food companies in North America, from 2007 until he retired in 2009. Prior to joining ConAgra, he was President and Chief Executive Officer of the Federated Group, a leading private label supplier to the retail grocery and foodservice industries, from 2002 to 2005. From 2000 to 2002, he served as President of the National Refrigerated Products Group of Dean Foods Company. Prior to joining Dean Foods, Nieto held positions in brand management and strategic planning with Mission Foods, Kraft Foods and the Quaker Oats Company. He is the President of Nieto Advisory LLC, a consulting firm and is affiliated with Akoya Capital Partners.

“Luis’ unique talent for insightful comments consistently elevates our Board discussions, reflecting his broad corporate experience and deep understanding of the Company. Luis’ thought-provoking questions often serve as catalysts for robust dialogue. He understands the role of a Board member, contributing not only great strategic insights, but also fostering a positive culture within both the Board and the Company. Luis’ collegial and engaging nature makes him a highly valued colleague. We are very fortunate to have him as a fellow director.”

– TAMARA LUNDGREN, Board Member at Ryder System Inc.

“As a director Lou is the complete package with his vast experience, astute questions, deep insights, sound judgment, and collegiality. He is a strong contributor to the culture and effectiveness of the board, and a wonderful person. I treasure him as a colleague and friend.”

– ABBIE SMITH, Board Member at Ryder System, Inc.

Current Boards: BJ’s Wholesale Club and James Avery Artisan Jewelry

Previous Boards: Leslie’s, Inc.

Steven Ortega

Steven Ortega is the former Chief Executive Officer and President at Leslie’s Poolmart, Inc where he guided the board’s transition to a new public company, added independent directors, and shaped its priorities to align with Leslie’s strategic vision. Prior to Leslie’s, Ortega was the EVP and Chief Financial Officer at BI-LO, LLC. Ortega is celebrated as a transformative leader with more than 20 years of experience in senior executive positions, guiding private equity portfolio companies alongside global private equity partners. His extensive background includes serving as Chairman, CEO, President, Chief Operating Officer, and Chief Financial Officer. He draws on a robust foundation in finance, accounting, and business operations.

“Steve has made an immediate impact since joining our board in 2023. His extensive retail, grocery and omnichannel expertise has been an asset to BJ’s Wholesale Club. As a former board chairman, Steve brings another level of leadership to our board. His experience in navigating complex challenges and driving growth enables him to offer invaluable perspectives to our company.”

–

BOB EDDY, Chairman and CEO at BJ’s Wholesale Club

Andrea Perez

Andrea Perez is the former Senior Vice President of Brand, Products and Services Marketing of Sony Interactive Entertainment. She was previously the Global Vice President and General Manager for Brand Jordan’s Women’s Division at Nike. During her tenure at Nike, she held several positions, including VP/GM for Jordan Kids; General Manager for North America Soccer from November; and Senior Brand Director for Global Football (soccer) and Global Brand Director for Tennis.

“Andrea has brought a unique depth of background to the HIMS Board that rounds out consumer experience, branding, and large scale operating experience. HIMS is itself a unique animal at an intersection of improving health care through a direct-to-consumer, youthful branded experience and Andrea was a great find to add to this mix.”

- DAVID WELLS, Board Member at HIMS

Current Boards: Hims/Hers

Current Boards: Public Service Enterprise Group Inc., CPET Foundation, CFL Ministries, and University of Florida Nuclear Engineering

Previous Boards: Menper Group and HOLA TN

Ricardo (Ric) Pérez

Ricardo (Ric) Pérez is a seasoned leader with significant power company roles, including senior vice president at TVA and President & Chief Operating Officer at Westinghouse Electric Company. Over three decades, the primary focus has been promoting clean energy globally, coupled with a profound personal commitment to diversity. He has led global operations, demonstrating his ability to tackle worldwide complex technical, regulatory, emerging technologies, and commercial challenges. He has shown a strong track record in recruiting and developing diverse leadership teams throughout these leadership opportunities.

“Ric brings many years of relevant experience to our Board. His perspective is a significant asset as we execute on our Powering Progress vision.”

– RALPH LAROSSA, Chair, President, and Chief Executive Officer at PSEG

Santiago Perez

Santiago Perez is the Chief Executive Officer of The Hiller Companies. Before joining the company, Perez served as CEO at Keter Environmental Services. Prior to this, he served as Chief Commercial Digital Officer & SVP U.S. Services & Solutions at Schneider Electric. He also held several leadership roles at Johnson Controls, including Vice President & General Manager Europe, Middle East, Africa, Latin America, as well as Vice President Global Business Lines & Operations, leading the company’s global supply chain, product management, development, and engineering. Prior to this he held a variety of positions in United Technologies.

“Santiago is a pleasure to work with as a fellow Director. He is thoughtful, well prepared, insightful, appropriately challenging, and extremely professional in how he handles difficult discussions. His integration to the team was seamless. I would gladly serve on any Board with him.”

– DIANA TREMBLAY, Chair of the Board at Itron

“Santiago is an exemplary board member who due to his broad experience as an executive consistently brings valuable insights to every discussion. His style is constructive, and his comments are well balanced and thoughtful. He clearly understands the difference between the role of management and the board and always finds the right balance between supporting and challenging management for the overall good of the company and all its constituents. We are very happy to have him as a member of our board.”

– FRANK JAEHNERT, Board Member at Itron, Inc.

Current Boards: Itron Inc.

Current Boards: Primerica, W.W. Grainger, Inc., The Coca-Cola Foundation, Children’s Healthcare of Atlanta, the Hispanic Scholarship Fund, Georgia Research Alliance, Georgia Historical Society, and the Coca-Cola Scholars Foundation

Beatriz Perez

Beatriz Perez is the EVP and Global Chief Communications, Sustainability & Strategic Partnerships Officer at Coca-Cola. Perez is a seasoned executive with more than 30 years’ experience at Coca-Cola, Perez leads a globally networked organization, which spearheads the company’s sustainability strategies, communications, and public relations, as well as the company’s retail, licensing, and attractions portfolio. Perez has held senior-level roles in branding, marketing, and operations.

“Bea is the consummate professional and an excellent board member. She is respectful of management and her fellow directors. She is thoughtful, listens carefully and makes meaningful comments. Our board, and our company, are better as a result of Bea’s contributions over the last ten years.”

– Primerica, Inc. Board of Directors

“It is an honor to serve with Bea on the board of directors of Primerica. She brings deep insight and wisdom from her long career at Coca-Cola. Her participation on the Primerica board is pragmatic and collegial. She works very effectively with her fellow board members and the management team to get to the right answer.”

– GARY CRITTENDEN, Board Member at Primerica, Inc.

Ana Pinczuk

Ana Pinczuk is the former Chief Operating Officer at Dexterity, an AI robotics platform company for logistics automation. Prior to this role, Pinczuk was the Chief Development Officer at Anaplan, a SaaS planning software company. Pinczuk was President and General Manager for HPE Pointnext, HPE’s $8B+ services business where she led a team of 29,000 IT experts and launched HPE’s GreenLake asa-service business. Previously, Pinczuk was the Chief Product Officer at Veritas and spent 15 years at Cisco. Pinczuk started her career at AT&T Bell Laboratories as a systems engineer and held numerous roles, including Vice President responsible for deploying AT&T’s Internet backbones.

“Ana is a very valuable member of our Board. She has the ability to understand both the technical and business sides of our business. She asks great questions and is always pushing the company to be great. She is incredibly positive and inspiring.”

- DAN SCHEINMAN, Board Member at SentinelOne

“On behalf of Aptiv, it is an honor to congratulate Ana on this esteemed recognition from Board Recruitment. Ana’s vast technical expertise and global insights have played an important role in strategically guiding Aptiv’s growth and success across industries. This is a fitting acknowledgement of her outstanding leadership, vision, and contributions that have garnered the respect and admiration of leaders and colleagues around the world.”

- KEVIN P. CLARK, Chairman and CEO

Current Boards: Aptiv and SentinelOne

Previous Boards: KLA and Five9

Current Boards: TIH, State Street, and SERVPRO

Previous Boards: Marsh & McLennan Companies and DXC Technology

Julio Portalatin

Julio Portalatin is the former President, Chief Executive Officer and Vice Chair at Marsh & McLennan Companies. Previously the President and Chief Executive Officer, Emerging Markets region at American International Group (AIG). Portalatin has held numerous leadership positions with AIG and Allstate throughout his 40 years of professional work experience.

“Julio always brings thought-provoking perspective to our board conversations on technical issues, market trends as well as on the importance of diversity for financial viability and profit for the company. Although he is a former CEO and current Board member of several high profile publicly traded companies, he also makes time to be a mentor and advocate for me and others to cultivate the next generation of corporate Board talent.”

– CHRISTINA LUCAS, Board Member at SERVPRO

“Julio brings a strategic perspective to all challenges. He carries both a telescope and microscope. He has the unique ability to think broadly about the future needs of the business while being able to probe deeply into current issues.”

– DAN GLASER, Chair

of the Board at TIH Insurance

Norma Provencio

Norma Provencio is the President and Owner at Provencio Advisory Services, a consulting firm specializing in healthcare finance and operations, offering services to a range of healthcare organizations, including hospitals and health maintenance organizations. Prior to founding Provencio Advisory Services, Provencio was the Partnerin-Charge of the Healthcare Industry for the Pacific Southwest at KPMG. She has been a certified public accountant since 1981. In her early career, Provencio was the Partner-in-Charge of Andersen’s Pharmaceutical, Biomedical and Healthcare Practice for the Pacific Southwest.

“Norma is not only a director, but our lead Director as well. Sometimes that can be a tough job wrangling the opinions of a diverse Board. Norma does it with grace and the strength of a true leader, listening more than she talks, but I listen closely as it is always insightful!”

– PETER ORSER, Board Member at Beazer Homes

Current Boards: Beazer Homes

Previous Boards: Valeant Pharmaceuticals

Current Boards: Carriage Services

Previous Boards: Corporation Z

Carlos Quezada

Carlos Quezada is the CEO and Vice Chairman at Carriage Services (NYSE: CSV), a leading provider of professional funeral and cemetery services and products. Previously, Quezada served as Managing Director at Service Corporation International (NYSE: SCI) and as the founder and CEO of a multi-unit hospitality company where he orchestrated outstanding financial performance through a blend of innovation and service excellence.

“Serving on the board at Carriage alongside Carlos has been an enriching experience. Carlos’s leadership and strategic insight have consistently driven meaningful discussions and decisions. His commitment to the company’s growth and innovation inspires a collaborative environment, making our work on the board impactful and forwardthinking.”

– Carriage Services Board of Directors

Alan Quintero

Alan Quintero is a globally experienced executive who most recently served as Senior Vice President, Business Development and Senior Vice President, Chief Technology Officer at Valaris, the world’s largest offshore drilling company at the time. Prior to Valaris, Quintero was a Partner at Trenegy, a Houston-based consulting firm, and held other executive roles at Transocean and Atwood Oceanics.

“Alan has been a tremendous asset to our Board at TD Industries with his dedication, expertise, and unwavering commitment to the success of our employee-owned company. He always goes the extra mile and his outstanding contributions have strengthened our governance and decision-making processes. He is a consummate professional but I also particularly like that he injects his sense of humor into our business deliberations at very appropriate times.”

- DORA ANN VERDE, Board Member at TD Industries

Current Boards: TDIndustries

Previous Boards: Southwest Electronic Energy

Ana G. Pinczuk Board Director

On behalf of Aptiv, it is an honor to congratulate Ana on this esteemed recognition from Board Recruitment. Ana’s vast technical expertise and global insights have played an important role in strategically guiding Aptiv’s growth and success across industries.

This is a fitting acknowledgement of her outstanding leadership, vision, and contributions that have garnered the respect and admiration of leaders and colleagues around the world.

— KEVIN P. CLARK, CHAIRMAN AND CEO

aptiv.com

Jaime Ramirez

Jaime Ramirez is CEO at Fluidra, a global leader in the pool and wellness sector. Ramirez has more than 30 years’ global experience in the consumer and industrial products sector, managing highperformance multifunctional teams. Before joining Fluidra as CEO in 2024, he held various executive positions at Stanley Black and Decker Corporation, spearheading its expansion across Latin America and heading up the “Global Tools & Storage” division.

– The BoardProspect Team

Lisa Zúñiga Ramírez

Lisa Zúñiga Ramírez is the President at Éxito Consulting LLC. Prior to Éxito Consulting, she was the former Principal & Senior Portfolio Manager at Segall Bryant & Hamill. Zúñiga Ramírez offers more than 30 years of exceptional experience in institutional and mutual fund investing. Her expertise spans various areas, including growth and value investing, distribution, client relations, compliance, leadership, corporate strategy, Environmental, Social, and Governance (ESG) practices, and Mergers & Acquisitions (M&A).

“Lisa was chosen for her extensive expertise in institutional and mutual fund investing, with over 30 years of experience. As President of Éxito Consulting and former Principal & Senior Portfolio Manager at Segall Bryant & Hamill, she has demonstrated a deep understanding of growth and value investing, ESG practices, and M&A. Her leadership in managing investment strategies, alongside her client relations and compliance expertise, distinguishes her as a significant figure in the financial industry.”

– The BoardProspect Team

Current Boards: Century Communities, Peoples Financial Services Corporation, and Trust for Professional Managers - USBank Global Fund Services MST

Current Boards: Kimberly-Clark

Bravo, Julio Portalatin

We celebrate your recognition by Board Recruitm as an influential Hispanic board member impactful change.

Your leadership, vision and dedication continue to inspire, making a difference in the boardroom and beyond.

Congratulations on this well-deserved honor!

statestreet.com

Current Boards: Charter Communications

Mauricio Ramos

Mauricio Ramos is former CEO and Chairman of Millicom. At Millicom, he pioneered a variety of initiatives, most notably transforming the company into a fixed internet and mobile business with a strong focus on Latin America. Before joining Millicom, he was President of Liberty Global’s Latin American division, a position he held from 2006 until February 2015. During his career at Liberty Global, he held several leadership roles, including positions as Chairman and CEO of VTR in Chile, Chief Financial Officer of Liberty’s Latin American division, and President of Liberty Puerto Rico.

“Mauricio is a talented leader, a strong business operator and a highly effective board member. The amazing thing about Mauricio is that his contributions in all three areas make others better. In addition to being a successful executive, he is also a highly committed father and husband. I am so proud to work with Mauricio over the years and have learnt a lot from him.”

Previous Boards: Millicom – BALAN NAIR, Board Member at Charter Communications

Maria Rivas

Maria Rivas is the Chief Specialty and Primary Care Medical Officer, Head of Real-World Evidence Generation and Global Medical Centers of Excellence at Pfizer. Rivas is a senior biotechnology executive and Columbia University-trained physician. At Pfizer, Lilly, Abbvie, and Merck & Co, she has successfully launched vaccines and medicines in the US and internationally resulting in improved medical care, public health and company reputation. Her expertise includes R&D, global operations, digital transformation, product safety, and risk and crisis management.

“Maria is an excellent Director, bringing both her professional experience and medical expertise to the Board room. She is collaborative, thoughtful and respectful in her approach and listens exceptionally well. Maria is always highly engaged and has made a real impact on the Board.”

– COLLEEN JAY, Board Member at The Cooper Companies

Current Boards: Cooper Companies

Previous Boards: Medidata

Current Boards: CareMax, Inc., Popular, Inc., and Primoris Services Corp.

Jose Rodriguez

Jose Rodriguez is a former senior audit partner at KPMG. During his career at KPMG he held various leadership positions, which included serving on its board of directors and as lead director; chief operating officer of KPMG International’s global audit practice; office managing partner; leader of its Audit Committee Institute; east region professional practice partner and most recently ombudsman.

“Jose brings decades of experience to the board based on his public accounting experience. His questions and comments are thoughtful and constructive.”

– CARLA MASHINSKI, Board Member at Primoris Services Corporation

“Jose brings a thoughtful and deliberative approach to our board conversations, grounded in his decades of experience as an audit partner and advising companies and its boards. Beyond his professional acumen, José’s warm and engaging personality makes him a pleasure to work with. We are fortunate to have him on our board.”

– RICHARD L. CARRIÓN, Chair at Popular, Inc.

Ramona Romero

Ramona Romero is the chief legal officer of Princeton University. Prior to joining Princeton, Romero was confirmed by the US Senate and served as General Counsel of the USDA. Earlier, Romero held various legal positions at DuPont and was a litigator at a national law firm. Her leadership has earned her numerous accolades, including being listed as a Most Powerful Latina by ALPFA, the HNBA’s Mari Carmen Aponte Award and President’s Award, the Hispanic Bar Association of D.C.’s Ricardo A. Urbina Lifetime Achievement Award, and the Virginia S. Mueller Outstanding Member Award from the National Association of Women Lawyers, among others.

“Ramona is a stand out on our Board for her intellect, thoughtful and relevant questions and her many decades of legal and regulatory experience. She has been a great addition to our Board over the last couple of years.”

– KIM SHARAN, Board Member at TIAA Board of Trustees

Current Boards: TIAA, Legal Services of New Jersey, and the National Association of Women Lawyers

Previous Boards: Barnard College, Hispanic National Bar Association (President), McCarter Theatre Center, and American Red Cross of the Delmarva Peninsula

Claudia Romo Edelman

Claudia Romo Edelman is a global mobilization expert, catalyst for social change and marketer for social causes. She is a recognized speaker, activist, thought leader & author, and upcoming entrepreneur. She is the founder of the We Are All Human Foundation and co-host of the podcast “A la Latina: the playbook to succeed being your authentic self.” She is also currently starting a family business. She is a Mexican-Swiss diplomat with more than 25 years of experience leading marketing and advocacy for global organizations, including the World Economic Forum, UNICEF, the Global Fund to Fight AIDS, Tuberculosis and Malaria, and the United Nations.

“Leveraging her decades of diplomat experience, Claudia expertly brings her global business acumen and relationships to the Boardroom. She has been an engaging Board member in discussions on global customers and capital opportunities. Claudia is insightful and thoughtful in her contributions to the Company management and the Board.”

– DEBRA VON STORCH, Board Member at Canoo, Inc.

Marta Ronquillo Newhart

Marta Ronquillo Newhart is the Senior Advisor - International Advisory Council at APCO Worldwide. Previously, Ronquillo Newhart was the Global Chief Marketing, Communication, and Brand Officer at Westinghouse Electric Company. With nearly three decades in global marketing and risk management, she has driven value creation in highly regulated industries. She has led top companies through major mergers, acquisitions, brand evolutions, and digital transformations, and managed significant crises in sectors like Energy, Aerospace, and Medical Devices. She has also influenced policy reforms affecting corporate tax rates and Fortune 50 companies, with international experience in Beijing, Buenos Aires, and Mexico.

“From her first day on the Board, Marta has been actively engaged in sharing her experience, knowledge and connections with Management and our Board. Her commitment to building and strengthening the Latino community is helping us better serve all of our students, and her boundless energy has fostered greater discussions and broader thinking. In a very short period of time, she has become an impactful member of the Board.”

– SCOTT SHAW, CEO and President, Board Member at Lincoln Educational Services Corporation

Current Boards: Lincoln Tech, Lincoln Educational Services Corporation, and Page Society

Previous Boards: Special Olympics

Current Boards: Canoo GOV

Congratulations Mauricio Ramos

Your leadership and service on our Board of Directors help us create a more connected world. 2024 “100 Hispanic Board Members Making a Difference”

ACI Worldwide is proud to congratulate Adalio Sanchez, chairman of our board of directors, on being recognized as one of the Hispanic Board Members Making a Difference. Your leadership drives great impact for our customers, our shareholders, and our employees.

aciworldwide.com

Current Boards: Amalgamated Bank

Previous Boards: Santander

Consumer Finance Europe, Mastercard Technology Advisory Board, AAA Western and Central New York, Sheltered Harbor, Roswell Park Comprehensive Cancer Center Technology Committee, and Row New York

Julieta Ross

Julieta Ross is the Founder and CEO at Okee Labs. Ross is a serial entrepreneur and technology strategist, two-time startup founder with one exit in digital technology. Prior to Okee Labs, Ross was the Global Chief Technology Officer at Banco Santander, Chief Technology Officer at M&T Bank, Chief Technology Officer for Latin America at Citi, and held several Research positions at Motorola Research and University of Miami. Additionally, Ross has been an Adjunct Professor and Lecturer at Universities including Cornell, University at Buffalo and Florida Atlantic University.

“Although I have only had the privilege of working with Julieta since November 2023 as a fellow Board Director at Amalgamated Bank, where we both serve on the Audit and Enterprise Risk Oversight Committees, I quickly recognized her as a formidable presence. She is brilliant, thoughtful, kind, and deeply committed to lifelong learning as a director. Her expertise in technology-related matters has been an invaluable asset to the board and, particularly, to me as the EROC Chair.”

– MARYANN BRUCE, Board Member at Amalgamated Bank

Alexandre Ruberti

Alexandre Ruberti is the Managing Director of Americas and GM USA at Waterdrop®, a mission-driven company focused on disrupting the hydration industry with functional hydration cubes. He served as CEO of Future Farm, an international food-tech company focused on plant-based meat, from Feb21 to Nov23. Prior to Future Farm, Ruberti spent 16yrs and held various executive positions at Red Bull including President at Red Bull Distribution Company and CCO for NA. Ruberti began his career working in sales, distribution and marketing leadership positions at Coke Bottlers.

“Alexandre is a thoughtful and passionate leader. He has deep strategic and tactical experience as an operator in the beverage category, as well as serving as a public company Director. At Zevia, Alexandre has applied his knowledge to bring new perspectives to Zevia and add value to management’s activities, as the brand continues to disrupt the Carbonated Soft Drinks segment.”

– PADDY SPENCE, Board Chair at Zevia PBC

Current Boards: Zevia and GP Act-II

Previous Boards: Celsius Holdings

Amalgamated Bank is thrilled to congratulate our Board Member Julieta Ross on being named one of Board Prospects’ Hispanic Board Members Making a Difference.

Current Boards: Intra-Cellular Therapies, Inc.

Previous Boards: Embody, Inc.

Rene Salas

Rene Salas was the Chief Financial Officer at Wellstat Therapeutics, LLC, a company focused on developing and distributing pharmaceutical drugs. Previously, Salas served as a senior client serving Partner at EY until his retirement in 2019. Salas brings a total of 35 years of experience as a former CFO and retired assurance partner, specializing in high-growth companies within the health and technology sectors. He has led service teams for numerous public and private firms, including several high-profile Fortune 1000 companies. Salas has also worked closely with successful entrepreneurs, guiding them from their early pre-revenue stages through to achieving billion-dollar revenue milestones.

“Rene was chosen for his extensive experience in the health and technology sectors, with a career spanning 35 years as a CFO and assurance partner. As the former CFO of Wellstat Therapeutics and a senior client-serving partner at EY, he has guided numerous public and private companies, including Fortune 1000 firms, through high-growth phases. His expertise in scaling businesses from early stages to billion-dollar milestones showcases his deep financial and strategic acumen across dynamic industries.”

– The BoardProspect Team

Claudia San Pedro

Claudia San Pedro served as head of the Limited Service Category and president of SONIC Drive-In, part of the Inspire Brands family of restaurants from 2018 through June of 2023. San Pedro set the strategic direction for SONIC, the largest chain of drive-in restaurants and was responsible for overseeing the brand’s marketing and operations, driving a more than 30% increase in sales volume during her tenure. She was also responsible for the growth and success of SONIC’s company-owned restaurants. San Pedro joined SONIC in 2006 as vice president of investor relations and treasurer, and was promoted to executive vice president and chief financial officer in 2015. Before joining SONIC, she was the first female and first Hispanic to serve as director for the Oklahoma Office of State Finance under Governor Brad Henry.

“Not only is Claudia a great board colleague, but she is a wonderful person who cares about the people (clients and employees alike) who are most affected by decisions made at the highest level of an organization. Claudia is always strategic, thoughtful, insightful, and innovative. I am proud to serve with her!”

– ROSE WASHINGTON-JONES, Board Member at BOKF

Current Boards: BOK Financial, Dot Foods, and the Smith College Board of Trustees

Current Boards: ACI Worldwide Inc., Avnet Inc., and ASM International

Previous Boards: Snap One Holdings and Quantum Corporation

Adalio Sanchez

Adalio Sanchez is President of S Group Advisory LLC, a management consulting firm, and an information technology industry veteran with a successful track record of operating, transforming, and profitably growing many complex multibillion-dollar global businesses. He has broad expertise in the enterprise software, hardware, and semiconductor markets. Sanchez was formerly Senior Vice President and Corporate Officer at Lenovo Group Limited, where he was responsible for its enterprise systems, storage, and data center technologies business. Prior to joining Lenovo, Sanchez spent 32 years at the IBM Corporation where he held various senior executive officer and global general management roles. He is a member of the National Academy of Engineering.

“Adalio really connects with others - at every level. With his broad background in technology, combined with general management experience in dynamic, fast-changing environments, he understands the journey ahead and what the Board’s role is in it. And he preserved his curiosity and generosity - that makes it a joy to work with him.”

- STEFANIE KAHLE-GALONSKE,

Board Member at ASM N.V., the Netherlands

“An outstanding director who brings a trifecta of experience and valuable business insights to the Board -- significant executive management experience, deep knowledge of the industry, and keen strategic insights. Great working relationship with other directors and the management team.”

OLEG

KHAYKIN, Board Member at Avnet

Francisco Sánchez

Francisco J. Sánchez, is the co-head of the International Trade Practice for the law firm of Holland & Knight. Sánchez served as the U.S. Under Secretary of Commerce under President Obama. Mr. Sanchez was selected as one of the 100 Most Influential Latinos by Bloomberg. He served on the board of Directors of Archer Daniels Midland (“ADM”), a global 100 public company from 2014 to 2023. Currently, Mr. Sanchez serves as Chairman of the Board of Breez, an AI focused early stage company. He is also on the Board of Advisors of Trustible, an AI company focused on governance and best practices in the use of AI by corporations and other organizations. Mr. Sanchez is also active on a number of nonprofit boards as a director including The Moffitt Cancer Center and Research Institute, a top ten cancer research center; The Dali Museum of St. Petersburg, which boasts one of the most important collections of Salvador Dali art in the world; and The Meridian International Center, a Washington DC based organization promoting American Diplomacy.

“Francisco was chosen for his distinguished career in international trade and public service. As co-head of the International Trade Practice at Holland & Knight and former U.S. Under Secretary of Commerce under President Obama, he has made significant contributions to global commerce. His leadership extends to roles on the boards of major corporations like Archer Daniels Midland and AI-focused companies like Breez and Trustible. Francisco’s expertise in trade, governance, and AI innovation highlights his unique professional background.”

– The BoardProspect Team

Current Boards: Breez & H. Lee Moffitt Cancer Center & Research Institute

Previous Boards: Archer Daniels Midland

Current Boards: McEwen Mining Inc., Dee Howard International Education Foundation, and Texas A&M Engineering Experiment Station (TEES)

Previous Boards: International Women’s Forum of Colorado, AIAA, and Center for Space Entrepreneurship

Merri Sanchez

Merri Sanchez serves part-time as a Technical Fellow and strategic advisor to the executive leadership of The Aerospace Corporation. Previously, Sanchez was a Liaison to Air Force Space Command, USSTRATCOM, USNORTHCOM, and NORAD at NASA. She is a seasoned leader with four decades of experience in space, cyber, technology, engineering, management, and finance across government, industry, and academia. As a senior executive and engineer, she managed a $437M budget for commercial human spacecraft development and manufacturing at Sierra Nevada Corp. Additionally, Sanchez is retired with over 30 years of federal service with the Department of the Air Force and NASA.

“Merri was selected for her extensive leadership experience in space, technology, and engineering. With four decades of experience across government, industry, and academia, she has held strategic roles at NASA, the Air Force, and Sierra Nevada Corp., where she managed a $437M commercial spacecraft development program. Her expertise in space operations, cyber, and finance, combined with her senior executive roles, make her an influential figure in aerospace and defense sectors. Merri’s career exemplifies deep technical and strategic leadership across multiple industries.”

– The BoardProspect Team

Louis (Lou) Sandoval

Lou Sandoval serves as the President and CEO of the Illinois Chamber of Commerce. He leads the leading business association in the state of Illinois, which boasts over 3000 members. With decades of global operational experience in both corporate and entrepreneurial ventures, he has become a trusted advisor to numerous Fortune 100 companies. Before his current role, Sandoval was the President and Founder of Halo Advisory Group, a management consulting firm that worked with Fortune 100 clients.

“Lou has been a valued contributor and colleague on the Wintrust Bank board. He’s had exceptional entrepreneurial experience as well as corporate experience. He brings this experience plus his civic involvement to the fore as we work together to build Wintrust Bank.”

– INGRID STAFFORD, Board Member at Wintrust Bank, Inc.

“Lou stands out in a boardroom as an authentic and sharp director who is not afraid to engage in tough conversations. Guided by his decades of leadership experience, he approaches challenging topics (from economic, to cultural topics) with grace, curiosity, and intellect that always leaves room for others to contribute.”

– JULIETA LAMALFA, Board Member at Wintrust Bank, Inc.

Current Boards: Wintrust Bank Chicago, HALO Advisory Group, and Kognitive Networks

Washington

Angel’s

Taveras, Esq.

Current Boards: Washington Trust Bancorp Inc. and Brown University Health

Previous Boards: Alliance for Early Success and National Civic League

Angel Taveras

Angel Taveras is the former Mayor of Providence, Rhode Island, serving from 2011 to 2015. As Mayor, Taveras is credited with saving the City from bankruptcy and putting it on firm financial footing. During his tenure Providence was recognized as America’s Favorite City by Travel & Leisure Magazine. He also won Bloomberg Philanthropies Inaugural Mayors Challenge and was recognized with Common Cause Rhode Island’s Excellence in Public Service award. Taveras is an experienced litigator who has served as a Shareholder with the international law firm Greenberg Traurig LLP from 2015 to 2021 and as a Partner with the transatlantic firm Womble Bond Dickinson (US) LLP from 2021 to 2024. Currently, he is Senior Counsel for the Rhode Island law firm Adler Pollock & Sheehan, PC. In addition, since 2016 he has served as an Adjunct Professor at Providence College and also a guest lecturer at Barna Management School in the Dominican Republic, focusing on leadership.

“Angel’s knowledge of the many diverse communities in Rhode Island has been invaluable to our board. His insight at the state, city and even neighborhood level, continues to help us deepen connections with the communities we serve. It’s a pleasure to serve alongside him as we build new relationships and help all our customers thrive.”

– ROBERT DIMUCCIO, Board Member at Washington Trust Bancorp, Inc.

Maria Teresa Tejada

Maria Teresa Tejada is an Expert Partner at Bain & Company focused on Financial Services and Risk globally. Prior to Bain, Tejada was Chief Strategic Enterprise Risk Officer - Executive Vice President at Wells Fargo, Deputy Chief Risk Officer at KeyCorp and Managing Director at Goldman Sachs. 30+ years of risk management and governance experience, including transformational leadership, strategic advisory and regulatory work. Renowned as a trusted advisor to C-suite and boards, with expertise in responsible AI, risk frameworks, governance best practices, operating model design, regulatory compliance, merger integration and credit analysis.

“Maria Teresa – or MTT as we all know her – is a highly respected and influential Board member who provides us with deep insights given her extensive risk management experience. She demonstrates impeccable integrity and character and regularly engages with fellow Board members and with management in meaningful and nuanced ways.”

– DARRYL BUTTON, President and Chief Executive Officer at Pacific Life

“MTT is a great board member, her focus on risk and the practical application of this, including visibility into trends is so valuable to a board especially in these times of ever changing and evolving risk. MTT is a very warm and approachable person, which makes her such a pleasure for both board and management to work with.”

– LOUISE PENTLAND, Board Member at Pacific Life

Current Boards: Pacific Life and FactSet Research Systems

Previous Boards: CI&T

Current Boards: Floor & Decor, Pactiv Evergreen, and Ares Acquisition Corporation II

Previous Boards: Nordstrom and Knowledge Universe

Felicia Thornton

Felicia Thornton is currently Chair of the Board, Audit Chair, Nominating & Corporate Governance Chair for a number of public and private companies. She has also served as CEO for multiple billion dollar retail and services companies and as CFO of a Fortune 35 company. Thornton is currently a member of the public boards of directors for Floor & Decor, Pactiv Evergreen, Ares Acquisition Corporation II and private equity backed private companies. Former boards include Nordstrom and Knowledge Universe. She is an active member of LCDA, Fellow with NACD and holds a B.S in Economics from Santa Clara University and an M.B. A. from University of Southern California

“I have served on numerous Boards and Felicia is one of the most talented Board members I have had the pleasure to work with. She is highly respected by both Management and her fellow Board members for her intellect and sage advice. Her candid straightforward insights and easy presentation style have positioned her as a very valuable advisor to senior management.”

– PETER STARRETT, Board Member at Floor & Decor, Inc.

“Felicia is an exceptional director whose expertise in leading transformative companies makes her an invaluable member of our board. Her strategic insight and collaborative spirit drive thoughtful discussion that elevates our work. As a distinguished advocate of the Hispanic community, Felicia brings a rich diversity of thought and experience that strengthens our company’s values and mission.”

– Convergint Board of Directors and Management Team

Jose Tomás

Jose Tomás is the Chief Administrative Officer at TelevisaUnivision Inc. Previously, he held senior leadership roles, including at General Motors as the company’s SVP of Global Human Resources, Anthem Inc. as their EVP and Chief Human Resources Officer, and Burger King Corporation as President, Latin America and Caribbean Region. Earlier in his career, Tomás held other corporate and operating roles at Ryder System and Publix Super Markets.

“Jose consistently brings a graceful balance of strategic insight and provocative ideas to our Board meetings, elevating discussions and ensuring our focus remains on the most important issues. His blend of business acumen, deep empathy for employees, and unparalleled experience makes him an invaluable leader.”

– KAREN STROUP, Board Member at Driven Brands

Current Boards: Driven Brands

Inc. and Ladies Professional Golf Association Foundation (LPGA)

Previous Boards: SHRM

Current Boards: HCI Group, Inc. and Straz Center for the Performing Arts

Lauren Valiente

Lauren Valiente is a Director at HCI Group, Inc., whose subsidiaries operate in diverse areas such as homeowners insurance, IT, real estate, and reinsurance. Valiente is also Of Counsel at Foley and Lardner LLP where she frequently advises public companies and their boards on various corporate governance and securities regulatory matters. With nearly 20 years of experience, Valiente defends clients before the SEC and in shareholder litigation, and conducts complex internal investigations. Valiente is the co-founder and Chair of WCD Tampa’s Women of Color Directors Pipeline Initiative.

“Lauren brings to the board nearly two decades of legal experience and considerable knowledge and education, particularly in matters involving regulation of publicly held companies. She also is an ambassador for civic and community initiatives, including the promotion of women and minorities on boards. Lauren’s service on our board is inspirational to our entire team.”

– PARESH PATEL, Chairman & CEO at HCI Group, Inc.

Alejandra Veltmann

Alejandra Veltmann is the former Chief Executive Officer at ESG Lynk. Before ESG Lynk, she served as Chief Accounting Officer at Paragon Offshore and Geokinetics. Earlier in her career, Veltmann was in the audit practice of KPMG and Arthur Andersen. She is a Qualified Financial Expert and Certified Public Accountant.

“Alejandra was selected for her extensive experience in corporate finance and accounting. As the former CEO of ESG Lynk and with prior roles as Chief Accounting Officer at Paragon Offshore and Geokinetics, she has demonstrated expertise in financial leadership. Her earlier audit work at KPMG and Arthur Andersen, combined with her status as a Qualified Financial Expert and CPA, further showcases her credentials. Her impressive career in finance makes her a standout in 100 Hispanic Board Members Making a Difference.”

- DORA ANN VERDE, Board Member at TD Industries

Current Boards: California Resources Corporation and NET Power, Inc.

Previous Boards: Structural Integrity Associates

Current Boards: Annaly Capital Management and National Association of Corporate Directors NJ Chapter

Previous Boards: CIT Bank, Rutgers Business School Alumni Board for Learning Experiences (ABLE), and American Securitization Forum

Glenn Votek

Glenn Votek, NACD.DC is a former C-Suite executive experienced in leading sophisticated global financial services organizations through strategic transformations including IPOs, corporate restructurings and M&A. He is a qualified financial expert with deep financial, capital markets, risk, operational and governance expertise. Votek served as the Interim CEO & President of Annaly Capital, a $100 billion diversified financial organization, from 2019 until his retirement in 2020. He served as Annaly’s CFO from 2013 through 2019. Prior to Annaly, he was EVP & Treasurer of CIT Group and President of its Consumer Finance business.

“Glenn was chosen for his remarkable leadership in global financial services, with a strong track record in steering organizations through IPOs, corporate restructurings, and mergers. As the former Interim CEO and President of Annaly Capital and with prior executive roles at CIT Group, Glenn has demonstrated exceptional expertise in capital markets, risk management, and operational strategy. His deep financial acumen and experience in strategic transformation highlight why he is featured in 100 Hispanic Board Members Making a Difference.”

– The BoardProspect Team

The Convergint team is honored to congratulate Felicia Thornton on being recognized as one of BoardProspects' '100 Hispanic Board Members Making a Difference.'

At the core of Convergint's deeply held Values and Beliefs is a commitment to leveraging diverse talent to create a culture where all can achieve their maximum potential.

We thank Felicia for representing this core value of who we are with her dedicated leadership.

Felicia Thornton Board of Managers

at Convergint

September 2024 Board Appointments & Departures

Publicly Traded Corporations

New Board Appointments

ANDY SILVERNAIL

INT’L PAPER (NYSE: IP)

Promotes Andy Silvernail to Chair of the Board. Mr. Silvernail is the CEO at Int’l Paper.

RAYONIER ADVANCED MATERIALS (NYSE: RYAM)

Appoints Eric Bowen to the Board of Directors. Mr. Bowen is the former General Counsel and Head of Corporate Strategy at Chevron Renewable Energy.

Consumer Discretionary

New Board Appointments

AMC Entertainment (NYSE: AMC)

Appoints Marcus Glover to the Board of Directors. Mr. Glover is the Chief Financial Officer at Bally’s.

Amcor plc (NYSE: AMCR)

Peter Konieczny promoted to CEO and he is appointed to the Board of Directors. Mr. Konieczny is the former President at Silgan White Cap.

Autoliv (NYSE: ALV)

Appoints Adriana Karaboutis to the Board of Directors. Ms. Karaboutis is the former Chief Information Officer at National Grid plc.

Bright Horizons Family Solutions (NYSE: BFAM)

Appoints Jennifer Schulz to the Board of Directors. Ms. Schulz is the Division CEO at Experian.

Builders FirstSource (NYSE: BLDR)

Promotes Peter Jackson to Chief Executive Officer and he is appointed to the Board of Directors. Mr. Jackson is the former Global Refrigeration Segment Chief Financial Officer at Lennox International, Inc.

Central Garden & Pet (NASDAQ: CENT)

Nicholas Lahanas promoted to Chief Executive Officer and he is appointed to the Board of Directors. Mr. Lahanas formerly worked in private equity and investment banking.

Church & Dwight (NYSE: CHD)

Richard Dierker promoted to Chief Executive Officer-elect and he is appointed to the Board of Directors. Mr. Dierker is the former Director, Financial Planning and Analysis at Alpharma.

eBay (NASDAQ: EBAY)

Appoints William Nash to the Board of Directors. Mr. Nash is the Chief Executive Officer at CarMax.

Edgewell Personal Care (NYSE: EPC)

Appoints Stephanie Stahl to the Board of Directors. Ms. Stahl is the former Global Marketing & Strategy Office at Coach.

General Motors (NYSE: GM)

Appoints Alfred Kelly to the Board of Directors. Mr. Kelly is the former Chair of the Board and Chief Executive Officer at Vias.

Hamilton Beach Brands (NYSE: HBB)

Scott Tidey promoted to Chief Executive Officer and he is appointed to the Board of Directors. Mr. Tidey is the former Sales Planning Manager at Wyeth

ADRIANA KARABOUTIS

STEPHANIE STAHL

ALFRED KELLY

Consumer Discretionary

New Board Appointments

Heidrick & Struggles Int’l (NASDAQ: HSII)

Appoints Vijaya Kaza and Tim Carter to the Board of Directors. Ms. Kaza is the Chief Security Officer & VP of Engineering at Airbnb and Mr. Carter is the former Chief Financial Officer at Piper Sandler.

JetBlue (NASDAQ: JBLU)

Appoints Sean Menke to the Board of Directors. Mr. Menke is the former Executive Chair of the Board and Chief Executive Officer at Sabre.

JJill (NYSE: JILL)

Appoints Courtnee Chun to the Board of Directors. Ms. Chun is the former Chief Portfolio Officer, Senior Advisor, Investor Relations at Liberty Media.

La-Z-Boy (NYSE: LZB)

Appoints Matthew Baer to the Board of Directors. Mr. Baer is the Chief Executive Officer at Stitch Fix.

Nike (NYSE: NKE)

Names Elliott Hill Chief Executive Officer and he is appointed to the Board of Directors. Mr. Hill is a former Senior Advisor at BDT & MSD Partners.

Reynolds Consumer Products (NASDAQ: REYN)

Appoints Rolf Stangl to the Board of Directors. Mr. Stangl is a Senior Advisor at Apollo Global Management.

SEACOR Marine (NYSE: SMHI)

Appoints Lisa Young to the Board of Directors. Ms. Young is a former Partner at EY.

Southwest Airlines (NYSE: LUV)

Appoints Robert Fornaro to the Board of Directors. Mr. Fornaro is the former Chief Executive Officer at Spirit Airlines.

Stitch Fix (NASDAQ: SFIX)

Appoints Tim Baxter and Fiona Tan to the Board of Directors. Mr. Baxter is the former Chief Executive Officer at Express and Ms. Tan is the Chief Technology Officer at Wayfair.

Upbound Grp (NASDAQ: UPBD)

Appoints Charu Jain to the Board of Directors. Ms. Jain is the Senior Vice President Merchandising & Innovation at Alaska Air.

SEAN MENKE

ROLF STANGL

CHARU JAIN

Consumer Discretionary

Resignations/Retirements

Blue Bird (NASDAQ: BLBD)

Britton Smith resigns as President and from the Board of Directors. Mr. Smith is the former Director, Strategy & Deal Advisory at KPMG US.

Champion Homes (NYSE: SKY)

Michael Kaufman resigns from the Board of Directors.

Expedia (NASDAQ: EXPE)

Peter Kern resigns as Vice Chair and from the Board of Directors. Mr. Kern is the Founder and Managing Partner at InterMedia Partners, L.P.

H&R Block (NYSE: HRB)

Yolande Piazza resigns from the Board of Directors. Ms. Piazza is the VP of Financial Services at Google Cloud.

Multiplan (NYSE: MPLN)

Glenn August resigns from the Board of Directors. Mr. August is a Senior Vice President at T. Rowe Price Group.

Southwest Airlines (NYSE: LUV)

Gary Kelly retires as the Executive Chair of the Board.

Wendy’s (NASDAQ: WEN)

Nelson Peltz resigns from the Board of Directors. Mr. Peltz is the Founder and Chief Executive Officer at Trian Fund Management.

WW Int’l (NASDAQ: WW)

Sima Sistani resigns as Chief Executive Officer and from the Board of Directors. Ms. Sistani is the former CEO & Co-Founder at Houseparty (part of Epic Games).

YOLANDE PIAZZA

NELSON PELTZ

DEBBRA SCHONEMAN

New Board Appointments

Celsius (NASDAQ: CELH)

Appoints Hans Melott to the Board of Directors. Mr. Melott is the former President of Global Channel Development at Starbucks.

Darling Ingredients (NYSE: DAR)

Appoints Randy Hill to the Board of Directors. Mr. Hill is a Partner at Opportune LLP.

Hormel Foods (NYSE: HRL)

Appoints Debbra Schoneman to the Board of Directors. Ms. Schoneman is a President at Piper Sandler Companies.

Lamb Weston (NYSE: LW)

Appoints Norman Prestage to the Board of Directors. Mr. Prestage is a former Partner at EY.

Resignations/Retirements

BRC (NYSE: BRCC)

Thomas Davin resigns from the Board of Directors. Mr. Davin is the Chief Executive Officer at Panda Restaurant Group.

Knowles (NYSE: KN)

Erania Brackett resigns from the Board of Directors. Ms. Brackett is the former SVP of Customer Experience & Orthodontic Aligner Solutions and Head of ESG at Dentsply Sirona.

THOMAS DAVIN

Time to Update Your Pay Plan?

As your company responds to these uncertain times, your pay plan should too. Take this diagnostic to see whether you should revise your executive and employee pay programs.

What is your company experiencing?

Shifting company economics (e.g., growth, downturn, turnaround situation)

Change in strategy

New executive leadership or governance

Change in shareholders or structure (e.g., combination or divestiture)

How is pay perceived?

Out-of-step or inﬂexible in today's environment

Misaligned with the goals, time horizon or risk to the ﬁrm

Unfair or inequitable

Below competitive or, conversely, a windfall to recipients

Either too high or low relative to performance, contribution, or e ort

Too complex or not valued by executives or employees

What external factors are you facing?

Shifting industry economics or increased volatility

Challenges in recruiting talent in “hot” geographies or critical skill sets

Pressure from external stakeholders

Reacting to changes in accounting, tax, and legal regulations

Are you seeing unintended behaviors?

Pay plans or measures are creating unintended behaviors / results

Discretionary payments are needed to produce more fair and equitable pay levels

Individual “one-o ” compensation negotiations occur frequently

Turnover is higher than normal or unexpected

Pay conversations take a signiﬁcant amount of time to discuss and resolve

New Board Appointments

LandBridge (NYSE: LB)

Appoints Andrea Nicolas to the Board of Directors. Ms. Nicolas is a former Partner at Skadden, Arps, Slate, Meagher & Flom LLP and Affiliates.

ANDREA NICOLAS

New Board Appointments

Citizens Financial Grp (NYSE: CFG)

Appoints Claude Wade to the Board of Directors. Mr. Wade is the Chief Digital Officer & Global Head of Operations & Claims at AIG.

Community Financial System (NYSE: CBU)

Appoints Savneet Singh to the Board of Directors. Mr. Singh is the Chief Executive Officer at PAR Technology Corporation.

Federal Home Loan Mortgage (OTCMKTS: FMCC)

Diana Reid named CEO and she is appointed to the Board of Directors. Ms. Reid is the former EVP Real Estate Division at PNC Financial.

First American Financial (NYSE: FAF)

Appoints Deborah Wahl to the Board of Directors. Ms. Wahl is the former Chief Marketing Officer at General Motors.

Invitation Homes (NYSE: INVH)

Appoints Wyman Howard to the Board of Directors. Mr. Howard is a former Rear Admiral in the United States Navy.

Moelis (NYSE: MC)

Appoints Louise Mirrer to the Board of Directors. Ms. Mirror is the Chief Executive Officer at New York Historical Society.

OFG Bancorp (NYSE: OFG)

Appoints Lynda Grindstaff and Roberto García to the Board of Directors. Ms. Grindstaff is the former VP of Engineering at McAfee and Mr. Garcia is the President and CEO at Triple-S Management.

Open Lending (NASDAQ: LPRO)

Charles Jehl promoted to CEO and he is appointed to the Board of Directors. Mr. Jehl is the former Chief Financial Officer at Forestar.

Opendoor Technologies (NASDAQ: OPEN)

Appoints David Benson to the Board of Directors. Mr. Benson is the President and Chief Financial Officer at Fannie Mae.

PennyMac Financial Srvs (NYSE: PFSI)

Appoints Sunil Chandra to the Board of Directors. Mr. Chandra is the Founder and Chief Executive Officer at Dymex.

Piper Sandler (NYSE: PIPR)

Appoints Ann Gallo to the Board of Directors. Ms. Gallo is a former Senior Managing Director at Wellington Management.

Synchrony Financial (NYSE: SYF)

Appoints Daniel Colao to the Board of Directors. Mr. Colao is the former Chief Financial Officer at GE Capital.

CLAUDE WADE

DIANA REID

DAVID BENSON

New Board Appointments

Tradeweb Markets (NASDAQ: TW)

Appoints Daniel Maguire to the Board of Directors. Mr. Maguire is the Group Head and Executive Committee Member at London Stock Exchange.

Resignations/Retirements

Forge Global (NYSE: FRGE)

Blythe Masters resigns from the Board of Directors. Ms. Master is the former Chief Executive Officer at Motive Capital.

OneMain (NYSE: OMF)

Aneek Mamik resigns from the Board of Directors. Mr. Mamik is the Partner Global Head Financial Services & Diversified Private Credit at Värde Partners.

SLM (NASDAQ: SLM)

Samuel Ramsey resigns from the Board of Directors. Mr. Ramsey is the former Chief Risk Officer at Chase.

DANIEL MAGUIRE

ANEEK MAMIK

New Board Appointments

ACADIA Pharmaceuticals (NASDAQ: ACAD)

Catherine Adams named Chief Executive Officer and she is appointed to the Board of DIrectors. Ms. Adams is the former Senior Vice President and General Manager, U.S. at Bristol Myers Squibb

Baxter Int’l (NYSE: BAX)

Appoints Jay Craig to the Board of Directors. Mr. Craig is the former Chair of the Board and CEO at Meritor

BeiGene (NASDAQ: BGNE)

Appoints Shalini Sharp to the Board of Directors. Ms. Sharp is the former Chief Financial Officer at Ultragenyx .

Biogen (NASDAQ: BIIB)

Appoints Lloyd Minor and Menelas Pangalos to the Board of DIrectors. Mr. Minor is the Dean at Stanford University School of Medicine and Mr. Pangalos is the former Executive Vice President, BioPharmaceuticals R&D at AstraZeneca.

Cassava Sciences (NASDAQ: SAVA)

Richard Barry named CEO and he continues on the Board of Directors and as Executive Chair of the Board. Mr. Barry is a former Partner at San Diego Padres.

Dianthus Therapeutics (NASDAQ: DNTH)

Appoints Steven Romano to the Board of Directors. Mr. Romano is the Chief R&D Officer at Silence Therapeutics.

Kura Oncology (NASDAQ: KURA)

Appoints Michael Vasconcelles to the Board of Directors. Mr. Vasconcelles is a Senior Advisor at Frazier Healthcare Partners.

Kyverna Therapeutics (NASDAQ: KYTX)

Warner Biddle named Chief Executive Officer and he is appointed to the Board of Directors. Mr. Biddle is the former Global Head of Commercial at Kite Pharma.

Lantheus (NASDAQ: LNTH)

Appoints Julie Eastland to the Board of Directors. Ms. Eastland is the former Chief Executive Officer at Harpoon Therapeutics.

Nu Skin Enterprises (NYSE: NUS)

Appoints Mark Zorko to the Board of Directors. Mr. Zorko is the Principal and Founder at Brentwood Advisory Group.

OraSure Technologies (NASDAQ: OSUR)

Appoints John Kenny to the Board of Directors. Mr. Kenny is the former Chief Executive Officer at Meridian Bioscience.

CATHERINE ADAMS

LLOYD MINOR

MENELAS PANGALOS

New Board Appointments

Rocket Pharmaceuticals (NASDAQ: RCKT)

Appoints Mikael Dolsten to the Board of Directors. Mr. Dolsten is the Chief Scientific Officer & President at Pfizer.

Sarepta Therapeutics (NASDAQ: SRPT)

Appoints Deirdre Connelly to the Board of Directors. Ms. Connelly is a former President at GlaxoSmithKline.

Resignations/Retirements

Aurinia Pharmaceuticals (NASDAQ: AUPH)

Daniel Billen, Hector MacKay-Dunn, and Brinda Balakrishnan resign from the Board of Directors. Mr. Billen is the former Vice President of Global Commercial Initiatives at Amgen, Mr. MacKay-Dunn is a Partner at Farris and Ms. Balakrishnan is the Chief Corporate Strategy and Business Development Officer at BioMarin Pharmaceuticals.

Cardinal Health (NYSE: CAH)

Steven Barg and Sujatha Chandrasekaran leave the Board of Directors. Mr. Barg is the Principal at Elliott Management and Ms. Chandrasekaran is the former Chief Digital & Information Officer at CommonSpirit Health.

Centene (NYSE: CNC)

Lori Robinson to leave the Board of Directors. Ms. Robinson is a former General in the U.S. Air Force.

Johnson & Johnson (NYSE: JNJ)

D. Scott Davis retires from the Board of Directors. Mr. Davis is the former Chair of the Board and Chief Executive Officer at United Parcel Service.

Lifecore Biomedical (NASDAQ: LFCR)

Ray Diradoorian and Jeffrey Edwards to leave the Board of Directors. Mr. Diradoorian is the former EVP of Global Technical Operations at Allergan and Mr. Edwards is the former Chief Financial Officer at Allergan

DEIRDRE CONNELLY

LORI ROBINSON

D. SCOTT DAVIS

Resignations/Retirements

Option Care Health (NASDAQ: OPCH)

John Arlotta resigns from the Board of Directors. Mr. Arlotta is the Chair of the Board and Chief Executive Officer at eviCore Healthcare.

PepGen (NASDAQ: PEPG)

Christopher Ashton resigns from the Board of Directors. Mr. Ashton is the Chief Executive Officer at Achilles Therapeutics.

Protagonist Therapeutics (NASDAQ: PTGX)

Daniel Swisher resigns from the Board of Directors. Mr. Swisher is the former President and Chief Operating Officer at Jazz Pharmaceuticals.

Rigel Pharmaceuticals (NASDAQ: RIGL)

Brian Kotzin resigns from the Board of Directors. Mr. Kotzin is the former Chief Medical Officer at Nektar Therapeutics.

Sotera Health (NASDAQ: SHC)

David Donnini resigns from the Board of Directors. Mr. Donnini is the Managing Director at GTCR.

UroGen Pharma (NASDAQ: URGN)

Fred Cohen resigns from the Board of Directors. Mr. Cohen is a Senior Advisor at TPG Capital.

JOHN ARLOTTA

FRED COHEN

New Board Appointments

Canadian Pacific Kansas City (NYSE: CP)

Appoints Arturo Gutiérrez Hernández to the Board of Directors. Mr. Gutiérrez Hernández is the Chief Executive Officer at Arca Continental.

Berry Global (NYSE: BERY)

Appoints James Glerum to the Board of Directors. Mr. Glerum is the former Vice Chairman, Investment Banking at Citigroup.

Celanese (NYSE: CE)

Appoints Bruce Chinn to the Board of Directors. Mr. Chinn is the former Chief Executive Officer at Chevron Phillips Chemical.

Entegris (NASDAQ: ENTG)

Appoints Mary Puma to the Board of Directors. Ms. Puma is the former Chair of the Board and Chief Executive Officer at Axcelis Technologies.

IES Hldgs (NASDAQ: IESC)

Appoints John Louis Fouts to the Board of Directors. Mr. Fouts is a Managing Director at Fouts Family Investments.

Lightwave Logic (NASDAQ: LWLG)

Appoints Thomas Connelly to the Board of Directors. Mr. Connelly is the former Chief Executive Officer at American Chemical Society.

Norfolk Southern (NYSE: NSC)

Mark George promoted to CEO and he is appointed to the Board of Directors. Mr. George is the former CFO, VP Finance at Carrier Corporation.

SIFCO Industries (NYSEAMERICAN: SIF)

Appoints Robert Johnson to the Board of Directors. Mr. Johnson is the former Chief Executive Officer at Dubai Aerospace Enterprise.

SunOpta (NASDAQ: STKL)

Appoints David Lemmon to the Board of Directors. Mr. Lemmon is the Chief Executive Officer at Hunter Amenities Int’l.

Timken (NYSE: TKR)

Tarak Mehta promoted to CEO and he is appointed to the Board of Directors. Mr. Mehta is the former President, Motion at ABB.

ARTURO GUTIÉRREZ HERNÁNDEZ

BRUCE CHINN

TARAK MEHTA

Resignations/Retirements

IES Hldgs (NASDAQ: IESC)

Elizabeth Leykum resigns from the Board of Directors. Mr. Leykum is the Founder at Serenade Capital.

Malibu Boats (NASDAQ: MBUU)

Joan Lewis to leave the Board of Directors. Mr. Lewis is the former SVP of Consumer & Market Knowledge at P&G.

Myers Industries (NYSE: MYE)

Michael McGaugh departs as CEO and from the Board of Directors. Mr. McGaugh is the former Executive Vice President and Chief Operating Officer at BMC - Building Materials and Construction Solutions.

Rocket Lab USA (NASDAQ: RKLB)

Michael Griffin retires from the Board of Directors. Mr. Griffin is the former Under Secretary of Defense for Research and Engineering.

JOAN LEWIS

Misc./Other

Resignations/Retirements

Stem (NYSE: STEM)

John Carrington departs as CEO and from the Board of Directors. Mr. Carrington is the former Chief Executive Officer and Director at MiaSole.

JOHN CARRINGTON

LEADING THE DEFENSE OF THE WORLD’S PUBLIC COMPANIES

Ranked No. 1 in the shareholder activism defense league tables of Bloomberg and FactSet for 2022, as well as Reﬁnitiv for H1 2022

Named “Activist Defense Adviser of the Year” by The Deal in 2022

Chambers USA 2022 ranks Sidley’s Shareholder Activism and Corporate Defense as Band 1 (listed as Corporate/M&A Takeover Defense)

Proxy ﬁghts and activist situations are bet-the-company situations, and there is no time for “training on the job.”

Over the past ﬁve years, Kai Liekefett and Derek Zaba, the co-chairs of this team, have represented companies in more than 100 proxy contests, several hundred other activist campaigns, and dozens of settlements more than any other corporate defense law practice in the world.

TALENT. TEAMWORK. RESULTS.

Kai Haakon E. Liekefett New York kliekefett@sidley.com

Derek Zaba Palo Alto/New York dzaba@sidley.com

Public Utilities

New Board Appointments

Atmos Energy (NYSE: ATO)

Appoints Telisa Toliver to the Board of Directors. Ms. Toliver is a General Manager at Chevron, Renewable at Chevron Pipeline & Power.

Evergy (NASDAQ: EVRG)

Appoints Dean Newton and Jon Rolph to the Board of Directors. Mr. Newton is the Chief Executive Officer at Delta Dental of Kansas and Mr. Rolph is the Chief Executive Officer at Thrive Restaurant Group.

Sunnova Energy Int’l (NYSE: NOVA)

Appoints Corbin Robertson and Jeremy Thigpen to the Board of Directors. Mr. Robertson is the Founder at CIII Capital and CEO at Western Pocahontas Properties and Mr. Thigpen is the Chief Executive Officer at Transocean Ltd.

Resignations/Retirements

NextDecade (NASDAQ: NEXT)

Thibaud de Preval resigns from the Board of Directors. Mr. De Preval is the VP Industrial Assets at TotalEnergies.

Sempra (NYSE: SRE)

Bethany Mayer resigns from the Board of Directors. Ms. Mayer is the former Executive Vice President at Sempra.

TELISA TOLIVER

BETHANY MAYER

Real Estate

New Board Appointments

EPR Properties (NYSE: EPR)

Appoints Liam Brown to the Board of Directors. Mr. Brown is the former Marriott International Group President - US & Canada.

Mid-America Apartment Communities (NYSE: MAA)

Appoints Sheila McGrath to the Board of Directors. Ms. McGrath is a former Managing Director at Evercore.

Tanger (NYSE: SKT)

Appoints Sonia Syngal to the Board of Directors. Ms. Syngal is the former Chief Executive Officer at Gap Inc.

Resignations/Retirements

Chegg (NYSE: CHGG)

Sarah Bond and Paul LeBlanc resign from the Board of Directors. Ms. Bond is a President at Xbox and Mr. LeBlanc is the former President of Southern New Hampshire University.

SONIA SYNGAL

SARAH BOND

New Board Appointments

Arteris (NASDAQ: AIP)

Appoints Joachim Kunkel to the Board of Directors. Mr. Kunkel is the former General Manager Intellectual Property at Synopsys.

Bentley Systems (NASDAQ: BSY)

Appoints Nicholas Cumins to the Board of Directors. Mr. Cumins is the Chief Executive Officer at Bentley Systems.

Blackline (NASDAQ: BL)

Appoints David Henshall to the Board of Directors. Mr. Henshall is the former Chief Executive Officer at Citrix Systems.

EverCommerce (NASDAQ: EVCM)

Appoints Alexi Wellman to the Board of Directors. Ms. Wellman is the Chief Executive Officer at Altaba.

Guidewire Software (NYSE: GWRE)

Appoints Mark Anquillare to the Board of Directors. Mr. Anquillare is the former President and Chief Operating Officer at Verisk Analytics.

Jabil (NYSE: JBL)

Appoints Michael Dastoor to the Board of Directors. Mr. Dastoor is the Chief Executive Officer at Jabil.

Lattice Semiconductor (NASDAQ: LSCC)

Ford Tamer named CEO and he is appointed to the Board of Directors. Mr. Tamer is the former Operations Partner at Francisco Partners.

Leidos (NYSE: LDOS)

Appoints Tina Jonas to the Board of Directors. Ms. Jonas is a Division President at Passur Aerospace.

Snap (NYSE: SNAP)

Appoints Jim Lanzone to the Board of Director. Mr. Lanzone is the Chief Executive Officer at Yahoo.

UiPath (NYSE: PATH)

Appoints Sivaramakichenane Somasegar to the Board of Directors. Mr. Somasegar is the Managing Director at Madrona Ventures.

Workday (NASDAQ: WDAY)

Appoints Rhonda Morris to the Board of Directors. Ms. Morris is the Chief Human Resource Officer at Chevron.

DAVID HENSHALL

TINA JONAS

RHONDA MORRIS

Resignations/Retirements

Allegro MicroSystems (NASDAQ: ALGM)

Paul Carl Schorr resigns from the Board of Directors. Mr. Schorr is a Private Investor.

KLA (NASDAQ: KLAC)

Marie Myers to leave the Board of Directors. Ms. Myers is the Chief Financial Officer at Hewlett Packard Enterprise.

Lam Research (NASDAQ: LRCX)

Lih Shyng Tsai and Leslie Varon to leave the Board of Directors. Mr. Tsai is the Chief Executive Officer at MediaTek and Ms. Varon is the former Chief Financial Officer at Xerox.

Marvell Technology (NASDAQ: MRVL)

Ford Tamer resigns from the Board of Directors. Mr. Tamer is the Chief Executive Officer at Lattice Semiconductor.

Open Text (NASDAQ: OTEX)

Ann Powell to leave the Board of Directors. Ms. Powell is the Chief Human Resource Officer at Bristol Myers Squibb.

Skywater Technology (NASDAQ: SKYT)

Amy Leong resigns from the Board of Directors. Ms. Leong is the former Chief Commercial Officer M&A at FormFactor.

MicroVision (NASDAQ: MVIS)

Brian Turner retires from the Board of Directors. Mr. Turner is the former Chief Financial Officer at Coinstar.

MARIE MYERS

AMY LEONG

New Board Appointments

Warner Bros Discovery (NASDAQ: WBD)

Appoints Daniel Sanchez to the Board of Directors. Mr. Sanchez is a Private Practice Attorney.

Resignations/Retirements

Lantronix (NASDAQ: LTRX)

Christa Steele to leave the Board of Directors. Ms. Steele is the former Interim-CEO at Balco Holdings.

Napco Security Technologies (NASDAQ: NSSC)

Paul Beeber resigns from the Board of Directors. Mr. Beeber is a Private Practice Attorney.

DANIEL SANCHEZ

CHRISTA STEELE

September 2024 Board Appointments & Departures

Private Corporations

AHEAD

Appoints June Yang to the Board of Directors. Ms. Yang is the former Vice President of Cloud AI and Industry Solutions at Google Cloud.

Circle

Appoints Bradley Horowitz to the Board of Directors. Mr. Horowitz has held leadership roles at Google and Yahoo.

GelSight

Appoints Troy Lambeth to the Board of Directors. Mr. Lambeth is the former CEO at Sanad Group.

MedPharm

Appoints Eric Evans to the Board of Directors. Mr. Evans is the former CFO at Alcami Corporation.

One Call

Appoints Bruce Broussard to the Board of Directors. Mr. Broussard is the CEO at Humana, Inc.

PAR Excellence Systems Inc.

Appoints Dr. David Shulkin to the Board of Directors. Dr. Shulkin is the ninth Secretary of the United States Department of Veterans Affairs.

Solace Power

Appoints Neil Desai as the Chair of the Board of Directors. Mr. Desai is a senior executive at Magnet Forensics.

Stability AI

Appoints James Cameron to the Board of Directors. Mr. Cameron is a writer, producer, and director.

TapestryHealth

Appoints Bill Golden and Isaac Ullatil to the Board of Directors. Mr. Golden is the former CEO of the Employer and Individual business at UnitedHealth Group and Mr. Ullatil is the co-founder and former CEO at Hallmark Health Care.

Viamedia

Appoints Ken Little to the Board of Directors. Mr. Little is the Former Chief Operating Officer at Ampersand.

JUNE YANG

BRUCE BROUSSARD

JAMES CAMERON

September 2024 Board Appointments & Departures Corporations Index

Stitch Fix 103

Straz Center for the Performing Arts . . 96

Structural Integrity Associates 96

Sunnova Energy Int’l 119 SunOpta 115

Sygnia 71

Synchrony Financial 1, 25, 108 Synopsys

Tampico Beverages, Inc.

33, 121

.42 Tanger 120 TapestryHealth 124 Target 1, 56, 57, 64 TDIndustries 80

Team Technologies 48

Teatro Vista

Texas A&M Engineering Experiment 92

Texas A&M Engineering Experiment Station 92

Texas Health Resources 34

the Automobile Club of Southern California

The Coca-Cola Foundation

.29

78 the Coca-Cola Scholars Foundation 78 the J. Paul Getty Trust 48 the National Association of Women 85 the National Association of Women Lawyers 85 the Robert Toigo Foundation

48 the Smith College Board of Trustees . . 90

The St. Joe Company 26

The Wendy’s Company 38

Thrive

September 2024 Board Appointments & Departures Director Index

Adams, Catherine 111

Anquillare, Mark 121

Arlotta, Jeffrey 112

Ashton, John 113

August, Glenn 104

Baer, Matthew

Balakrishnan, Brinda

Barg, Steven 112

Barry, Richard 111

Baxter, Tim 103

Beeber, Paul 123

Benson, David 108

Biddle, Warner

Billen, Daniel

Bond, Sarah 120

Bowen, Eric 101

Brackett, Erania 105

Brown, Liam 120

Carrington, John 117

Carter, Tim

103

Chandra, Sunil 108

Chandrasekaran, Sujatha 112

Chinn, Bruce 115

Chun, Courtnee 103

Cohen, David 113

Colao, Daniel

Connelly, Deirdre

109

.112

Connelly, Thomas 115

Craig, Jay 111

Cumins, Nicholas 121

Dastoor, Michael 121

Davin, Thomas 105

Davis, Fred .

113

de Preval, Thibaud 119

Dierker, Richard 102

Diradoorian, D. Scott 112

Dolsten, Mikael 112

Donnini, Brian 113

Eastland, Julie

Edwards, Ray

111

.112

Fornaro, Robert 103

Fouts, John 115

Gallo, Ann 108

Garcia, Roberto 108

Geogre, Mark 115

Glerum, James

Glover, Marcus

115

102

Griffin, Michael 116

Grindstaff, Lynda

Gutiérrez Hernández, Arturo

Henshall, David

Hill, Elliott

Hill, Randy

Howard, Wyman

Jackson, Peter

Jain, Charu

Jehl, Charles

Robert

Karaboutis, Adriana

Kaufman, Michael

Kaza, Vijaya

Kelly, Alfred

John

Peter

Konieczny, Peter

Kotzin, Daniel

Kunkel, Joachim

Lahanas, Nicholas

Jim

LeBlanc, Paul

Lemmon, David

Amy