2023 LCDA Impact Report

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2023 A DECADE OF PROGRESS AND BUILDING COMMUNITY

LATINOCORPORATEDIRECTORS.ORG

Board Chair and President & CEO

MESSAGE FROM

As we reflect on 2023, we take immense pride in the ongoing progress of elevating and connecting our community. 2023 marked our 10th anniversary – a decade of remarkable achievements! We celebrated our impact and growth resulting in the creation of the largest community of Latinos at the highest levels of governance and business leadership. Additionally, we’ve successfully cultivated a formidable pipeline of the next generation of board-ready talent, advancing Latino representation in corporate boardrooms.

Over the past ten years, LCDA has played a pivotal role in supporting, developing, and promoting Latino executives within the corporate landscape. Our collective efforts have not only strengthened our organization but have also significantly contributed to the corporate community’s recognition of the invaluable perspective diverse leadership brings.

The year 2023, a milestone in our journey, not only signified a decade of forward advancement but also marked the dawn of a new era of leadership. Our unwavering commitment to driving transformative change and overcoming barriers to Latino representation in corporate boardrooms sets the stage for an exciting and promising outlook. As we embark on this renewed journey, we invite each of you to continue your invaluable support and active participation in our mission. There is more work to do.

Within the pages that follow, you’ll discover a comprehensive overview of LCDA’s decade of impact and 2023 accomplishments, demonstrating the influence of our initiatives and the significant milestones reached during this pivotal year.

Our deepest appreciation goes out to every LCDA member and partner for your dedication to our mission. Thank you for being an integral part of our remarkable journey. Here’s to another decade of impactful progress and to the exciting opportunities that lie ahead.

Elizabeth Oliver-Farrow Board Chair 2023 A DECADE OF PROGRESS AND BUILDING COMMUNITY

Ozzie Gromada Meza President & CEO LATINOCORPORATEDIRECTORS.ORG

A DECADE

OF IMPACT

2023 A DECADE OF PROGRESS AND BUILDING COMMUNITY

LATINOCORPORATEDIRECTORS.ORG

ADVANCING OUR MISSION OVER A DECADE

IDENTIFY SUPPLY Tracking over 4,000 board marketable Latino senior executives and growing!

GROW DEMAND

Invited to refer and promote candidates for over 800 board searches and facilitated over 600 candidate introductions.

2023 A DECADE OF PROGRESS AND BUILDING COMMUNITY

GROW SUPPLY

Boasting nearly 600 Members, the largest network of US Latino boardproven and board-aspiring executives.

RAISE AWARENESS

Supported by over 60 premier partners committed to advancing our mission.

LATINOCORPORATEDIRECTORS.ORG

MOVING THE NEEDLE

LCDA is committed to developing, supporting, and increasing representation of Latino leaders on corporate boards. While progress has been made, Latinos remain the least represented of any major group.

Congratulations! to LCDA Members appointed to corporate boards in 2023.

PROGRESS OF FORTUNE 1000 LATINO BOARD SEAT REPRESENTATION

On the Rise Click here to stay up-to-date on recent board appointments.

Source: Latino Board Monitor 2023: Tracking Fortune 1000 Board Representation, LCDA. Data recorded June 30 of each year.

2023 A DECADE OF PROGRESS AND BUILDING COMMUNITY

LATINOCORPORATEDIRECTORS.ORG LATINOCORPORATEDIRECTORS.ORG

CONNECTING LEADERS AT THE HIGHEST LEVELS

Every year, LCDA brings together members, partners, and allies to advance the importance of inclusive governance and networking. To date, we have produced 8 Convenings hosted alongside premier organizations with over 1,000 attendees, 80 sessions facilitated, and 80 corporations supporting.

LCDA’s 8th Annual Board Leaders Convening was the pinnacle of corporate leadership and governa proven and board-aspiring members, C

In 2023, the LCDA Board Leaders Convening was hosted

by Toyota Motor North America in Plano, Texas.

2023 A DECADE OF PROGRESS AND BUILDING COMMUNITY

LATINOCORPORATEDIRECTORS.ORG

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“Truly worthwhile event with relevant and timely conversations, reconnecting with this amazing community of successful leaders and committed advocates.”

Maria Teresa Lensing Chief Strategy & Transformation Officer-Technology Team, Walgreens Boots Alliance (NASDAQ:WBA), Director: Sorenson Communications

the largest gathering of Latino business leaders at ance. Our Annual Convening brings together boardCEOs, diversity allies, corporate partners.

Press Play for 2023 Convening Highlights

325+ ATTENDEES

2023 A DECADE OF PROGRESS AND BUILDING COMMUNITY

138

SPEAKERS, PARTNERS, AND SPECIAL GUESTS

2023 Featured Speakers 2023 Convening Recap LATINOCORPORATEDIRECTORS.ORG

DEVELOPING THE NEXT GENERATION OF BOARD LEADERS

The BoardReady Institute (BRI) is a comprehensive set of exclusive, in-person programs uniquely designed to prepare and position new as well as aspiring directors for boardroom success. BRI Core and BRINext, provide board-level networking, hands-on preparation, high-quality program content, coaching, and an unparalleled personal touch in one comprehensive package. To date, we have produced 9 board readiness programs and certified over 300 participants.

BRI is the only program of this scope focused on of highly credentialed Latinos aspiring to reac

In 2023, the BoardReady Institute (BRI) was hosted by Wells Fargo in Charlotte, NC and by KPMG in Boston, MA, delivering: 2023 A DECADE OF PROGRESS AND BUILDING COMMUNITY

LATINOCORPORATEDIRECTORS.ORG

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“I [came] thinking I “knew it all”, but found that I had much to learn. BRI provided both awareness, education, and I think improvement for myself as a board member.”

Rick Ruiz

Former President of Strategic Markets, Kyndryl Inc. (NYSE: KD)

n accelerating the preparation and development ch the highest levels of corporate governance.

Press Play to Learn About BRI

60+

50+

120

CERTIFIED PARTICIPANTS

SPEAKERS AND FACULTY MEMBERS

MOCK INTERVIEW AND COACHING PARTICIPANTS

2023 A DECADE OF PROGRESS AND BUILDING COMMUNITY

About BRI 2024 BRI LATINOCORPORATEDIRECTORS.ORG

OUR MEMBERSHIP

580

DIVERSE LEADERS

55% 45%

MEMBERS*

GENDER COMPOSITION

BOARD PROVEN BOARD ASPIRING

GOVERNANCE IMPACT

600+

60% 40%

PUBLIC & PRIVATE BOARDS REPRESENTED

“

“LCDA is *the* go-to resource to accessing talent within the Latino community. I highly recommend contacting LCDA as soon as you are seeking board leaders, especially as you seek diverse perspectives and look to bolster the strategic contributions of your team.”

Alicia Syrett, Chair, Digimarc Corp. (NASDAQ: DMRC)

*AS OF DECEMBER 31, 2023

2023 A DECADE OF PROGRESS AND BUILDING COMMUNITY

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BUILDING CONNECTIONS NATIONWIDE

OVER THE LAST DECADE WE BROUGHT TOGETHER:

824

MEMBER REGIONAL ATTENDEES*

2023 In-Person Events Hosted LCDA, along with its partners, hosted Member Regionals bringing together members and allies in cities across the US including: Chicago, IL; Charlotte, NC; New York, NY; San Francisco, CA; Dallas, TX; Atlanta, GA; Miami Beach, FL; Santa Clara, CA; Los Angeles, CA; and Boston, MA.

IN 2023, WE HOSTED:

15

MEMBER REGIONAL EVENTS*

*AS OF DECEMBER 31, 2023

2023 A DECADE OF PROGRESS AND BUILDING COMMUNITY

LATINOCORPORATEDIRECTORS.ORG

LEADERSHIP

2023 A DECADE OF PROGRESS AND BUILDING COMMUNITY

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2023 CORPORATE PARTNERS

LCDA’s Mission Is Supported By Forward-Thinking Organizations Committed To Equity And Inclusion

2023 A DECADE OF PROGRESS AND BUILDING COMMUNITY

LATINOCORPORATEDIRECTORS.ORG

ENGAGE WITH US

Engage with Latino Corporate Directors Association (LCDA) as we shape the future of board leadership.

Visit our website now to discover exclusive insights, resources, and opportunities for Latino leaders.

Join the movement by partnering with LCDA on future programs and events.

Contact pavila@latinocorporatedirectors.org for more information.

@latinodirectors

2023 A DECADE OF PROGRESS AND BUILDING COMMUNITY

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