WALMART LAUNCHES LEADERSHIP INTERVIEW SERIES WITH HACR

HACR PREMIERES INSIDER GAME 2

IVAN ZAPIEN VICE PRESIDENT OF FEDERAL GOVERMENT RELATIONS WALMART STORY ON PAGE 4 WALMART

LEADERSHIP VOLUME 16, NO. 3 2013 INTERVIEW CORPORATE SERIES OBSERVER EMPLOYMENT · PROCUREMENT · PHILANTHROPY · GOVERNANCE A MESSAGE FROM THE PRESIDENT & CEO

DEAR HACR STAKEHOLDERS, This year has been a great one for our organization- we’ve With this edition of the grown in ways that have allowed us to further develop Corporate Observer, we are also our programming and expand communication channels in proud to launch the Walmart order to generate awareness about our mission to a larger Leadership Series, which audience. features corporate executives In September, we premiered Insider Game 2, which picks from HACR corporate member up where the first installment of the documentary left companies. The series will also off and sheds light on the strategies that HACR and be available on HACR’s website its partners are invoking in order to push for greater and four social media platforms: inclusion of Hispanics in America’s corporate boardrooms. Facebook, LinkedIn, Twitter, and YouTube. We are pleased to share with you the recently released biennial study from the Alliance for Board Diversity (ABD), And last but not least, we’re looking forward to celebrating Missing Pieces: Women and Minorities on Fortune 500 our 22nd Annual HACR Symposium: The Power of Hispanic Boards, 2012 Alliance for Board Diversity Census, which Inclusion™ in sunny Southern California. Please plan to reported women and minorities are still underrepresented join us on April 7 and 8 at THE US GRANT Hotel. You can in Corporate America. HACR, a member of ABD, register for the Symposium by visiting our website: www. collaborates with three other leadership organizations: hacr.org. Catalyst, The Executive Leadership Council (ELC), and Thank you for your support and we look forward to Leadership Education for Asian Pacifics, Inc. (LEAP), as another great year! well as the Prout Group who was instrumental in creating ABD. Sincerely, We are pleased to welcome three new corporate members to the HACR family: Chevron, Lowe’s, and The Walt Disney Company. All three are leaders in their respective sectors and have Hispanic inclusion on their boards of directors. Carlos F. Orta President & CEO

BOARD OF DIRECTORS HISPANIC ASSOCIATION ON CORPORATE RESPONSIBILITY CORPORATE OBSERVER Margaret Moran The Honorable Lincoln Díaz-Balart The Corporate Observer is a publication League of United Latin American Citizens Congressional Hispanic of the Hispanic Association on Corporate HACR Board Chair Leadership Institute, Inc. Responsibility (HACR). HACR’s mission is to advance the inclusion of Hispanics in Guarione Diaz Dr. Antonio R. Flores Corporate America at a level commensurate Cuban American National Council Hispanic Association of Colleges with our economic contributions. HACR Board Vice Chair and Universities Jennifer DuBois Ronald Blackburn Moreno Alma Morales Riojas Executive Assistant ASPIRA Association, Inc. MANA, A National Latina Organization HACR Board Treasurer Emma Etheridge Martha Montoya Programs and Initiatives Manager Dr. Juan Andrade, Jr. National Association of Hispanic Publications United States Hispanic Leadership Institute Dr. Lisette Garcia Cecelia Espenoza HACR Board Secretary Director, HACR Research institute National Hispana Leadership Institute Janet Murguía Kevin Klich Rafael Fantauzzi National Council of La Raza Finance and Administration Manager National Puerto Rican Coalition HACR Immediate Past Chair Jason León Manuel “Manny” Gonzalez Luis A. Vazquez-Contes Director of Corporate Relations, National Society of Hispanic MBAs American GI Forum of the United States Communications, and Programs Ignacio Salazar The Honorable Rubén Hinojosa Carlos F. Orta SER-Jobs for Progress National, Inc. Congressional Hispanic President & CEO Caucus Institute, Inc. Javier Palomarez Josh Silvia United States Hispanic Chamber of Commerce Senior Manager, Communications Ariana Solis Communications and Programs Associate Jeffrey Wuerstlin Research & Administration Associate

2 CORPORATE OBSERVER 2014 HACR HISPANIC ASSOCIATION ON CORPORATE RESPONSIBILITY

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

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WALMART LEADERSHIP INTERVIEW SERIES

Over the next year, HACR will highlight leaders who are advocating for Hispanic inclusion. The Leadership Interviews will be featured in HACR’s publications and on social media platforms. Twenty-five interviews will be published between November 2013 and November 2014. The interviews will highlight Hispanic leaders who are making a difference within their companies and communities, including representatives from Walmart. During the interviews, topics will revolve around the lack of Hispanic inclusion in Corporate America, best practices to improve representation within companies, personal insights to help increase the representation in Corporate America, and advice on how they’ve been successful in their careers.

“Certainly people younger than me and as old as me, I got news for all of IVAN ZAPIEN them, ‘You’re going to have to remake yourself. You’re going to have to VICE PRESIDENT, FEDERAL remake your set of skills, what you know, how you operate, over and over GOVERNMENT RELATIONS, and over again.” WAL-MART STORES, INC. BY: ERIC BACA

Ivan Zapien “Essentially, I’ve managed those three For Zapien, the reality of his position says he’s spheres — politics, process, and policy — still surprises him and for the last essentially no matter where I was. So the job itself five years, has been impressed by the had the isn’t ever different in Washington. The culture that he finds at Walmart. same job platforms are always different, so you “Walmart, for me specifically, is a great throughout have to learn new language and lingo. company who wants to do better,” he his career. Transition-wise, none of the transitions said. “So, the part I really liked about No, Zapien have been difficult.” Walmart, and the part that keeps me hasn’t always Zapien, now the vice president of engaged in my job, is that it’s a big been a vice Federal Government Relations at place that is cognizant of the impact president for the Fortune 1 company Walmart, has held many different it has on the world, and all of its in the United States, but the Mexico- positions around the Washington, stakeholders, and it doesn’t think it’s native has always been attracted by the D.C. area, where he has lived, studied, perfect.” D.C. hustle and bustle, where no matter and worked for more than two “We are constantly trying to do better, the gig, politics, policy, and procedure decades, mostly in political offices and reinvent ourselves, and in a culture that are part of the job. campaigns. is frankly very, very non-defensive. The “I don’t know why, but as far back as In his role at Walmart, Zapien, hasn’t fact that I work at a place where we can I can remember, regardless of where gotten too far away from his D.C. have huge achievements one day, and I’ve worked, or what job I’ve had, I feel roots. Zapien is the chief lobbyist the next day we discovered something like I’ve had the same job,” Zapien for Walmart, which means that he is that we can do better without having said. “Whether it was my early days responsible for leading the team that to be defensive about are the things working in the Senate, or it was my advocates for the company in Congress that we want to fix or to acknowledge days working for the law firm, or when I and the Administration. the things we do really well. It’s a worked at the DNC, it was always a mix. remarkable environment to be in.”

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Zapien has been in his current role for During the day, Zapien worked very just teach it to them, in a history book five years, a moment of consistency in demanding jobs, including roles at or in textbooks, I think you lose some of a life that hasn’t had a lot of it. Since law firms and political firms. Upon the context that’s important, especially his youth, Zapien has spent much of his graduating, Zapien realized how for Latinos.” life in constant flux, a reality that would remarkable that accomplishment really In addition to CHCI, Zapien serves on impact his life more than he knew at was. the board of the Close Up Foundation the time. “Career-wise, I am still proud of myself and the advisory board of the Woodrow As a child, he traveled back and forth for sticking through it,” he said. “I felt Wilson Center’s Mexico Institute. between Mexico and the United States, like I was digging a tunnel from here Close Up, like some of the work at spending summers in D.C. with his to New York. I would say the first 10 CHCI, brings high school students grandmother. Later, Zapien attended years of my time here in Washington, to Washington and shows them how high school and college in Arizona. D.C. were really characterized by some government works. Zapien feels it’s Even when he moved to D.C. for really, tough, demanding jobs.” fundamental for them to get this graduate school and law school, The next five years Zapien spent education as soon as possible. Zapien was maintaining and living working with Senator Bob Menendez “If you read the headlines and watch out his bilingual, bicultural, and (at the time Congressman Menendez). the news every day, it’s no secret binational heritage. Now, several years When he joined the team, Menendez that we have fundamentally lost the later, Zapien sees the value that his was in his last year in the House and ability to civilly talk to one another if upbringing provided him, especially vying for a Senate seat. A successful we disagree on something,” he said. “I during times of transition in his campaign — followed by a reelection just think that civic engagement, that life. More than that, when given the bid — had Zapien as the right hand teaching kids at a young age about opportunity to speak to young Latinos, man for one of the most influential and diversity, about diversity of opinions, especially high school and college-aged important men in the country. about how to influence government is students, he reminds them of how “I could not have been prouder and critical to the future of this country.” important that skill set is. happier than the time I spent working In Zapien, the students have a “In my own trajectory, it took me the for then-Congressman Menendez. modern example of someone who has better part of 20, 25 years to learn that Then, when we went to the Senate and leveraged his upbringing, his education, it’s an asset,” he said. “Early on in your got reelected, that was a lot of work; and the current ever-changing career, and in life, it appears as more it was a challenging situation. It was economy that requires students to be of a challenge, then more of an asset — the first time New Jersey had elected prepared to change careers several the ability to learn both sides. a person of color to a state-wide times in their lives. “What you realize once you are a office. Getting through that election That remains his lasting lesson, to be little further in your career, is that cycle and hearing the results of that open to change, to welcome it, and to knowing both cultures, both histories, election night, was probably one of the not waste time trying to fulfill a 10-year and being able to move back and highlights of my career.” plan that might be outdated by the forth is important in and of itself Having a front row seat to the time you get to year two. — the knowledge of the politics, political process for so long inspired “Back in the old days, people would the knowledge of the market, the Zapien to provide the same for the prepare themselves for a 20-, 30-, knowledge of how both countries next generation of leaders. For this 40-year career in company X doing and cultures operate, is itself a reason, Zapien is involved in several Y. Now, you probably have 30 jobs in hugely valuable asset, and you can organizations that open the doors of your life and each one will be a little commoditize that pretty well.” government to students. different, so you have to be able to Zapien’s life offers the best example. As vice chair on the board of directors jump in, figure it out, and execute in After graduating college, Zapien made for the Congressional Hispanic new environments all the time. it out east to work for Senator Dennis Caucus Institute (CHCI), Zapien says “So it’s an asset, but it’s also a Deconcini from Arizona. The move he attempts to expose students of necessity. And you have to remake put Zapien right smack in the political Hispanic descent to the possibilities yourself all the time. I am not sure capital of the world. that exist, allowing them to choose that in previous generations you had Finally in D.C. full-time, Zapien attended broader career paths than they initially to remake yourself as much as we do. Catholic University, where he earned thought possible. He uses Supreme Certainly people younger than me his law degree and a Masters from Court Justice Sonia Sotomayor as one and as old as me, I’ve got news for George Washington University. Perhaps of the best examples. all of them, you’re going to have to one of Zapien’s proudest moments was “I actually think the way that you remake yourself. You’re going to have when he attended school while working create leaders is less about training to remake your set of skills, what you full-time. A night student, Zapien spent — you need training for fundamentals know, how you operate, over and over his spare time studying and doing — and more about exposing them to and over again.” homework. environments, ideas, and people. And if you don’t expose people to that, you

CORPORATE OBSERVER 5 HACR COALITION MEMBER NEWS

ASPIRA LAUNCHES NATIONAL University, Dartmouth College and others, CHLI will ASPIRA CLUBS FEDERATION continue to promote its mission and prepare our nation’s future leaders. This past August, the National ASPIRA Clubs Federation (NACF) was In addition, CHLI will continue its Global Leaders launched at a meeting at ASPIRA of Internship and Fellowship Program. During this program New Jersey in Newark. For the first the participants can expect to learn about the public and time in ASPIRA’s 52 year history, private sectors and take Political Science Courses at the it has a formal national student organization that will George Washington University. serve as the national voice to ASPIRA students and will For more information on our programs and events please spearhead ASPIRA students’ national activities. Two visit www.chli.org. exceptional Aspirantes were selected by each ASPIRA Associate/Affiliate to form the NACF. HACU HOSTS 19TH ANNUAL A total of 14 Aspirantes from all over the country attended NATIONAL CAPITOL FORUM ON the meeting and immediately set out to establish their HISPANIC HIGHER EDUCATION governance structure, select their leadership, and begin The Hispanic Association of Colleges and a strategic planning process. The NACF students made Universities (HACU) will host its 19th Annual great strides in defining their mission and overall goals, National Capitol Forum, April 7-8, 2014 at setting their priorities, and establishing a committee the Washington Marriott at Metro Center, structure. There were extensive discussions on strategies Washington, D.C. Advocates for Hispanic for the students to communicate among themselves, higher education success will gather at the with the Associates/Affiliates, and with Aspirantes across Forum to shape and promote an agenda for Congress and the country. The ASPIRA National Board of Directors the country. congratulated the students on such an historic occasion. Leaders of Hispanic-Serving Institutions (HSIs) along with HACU members, partner colleges and universities will join THE CONGRESSIONAL HISPANIC LEADERSHIP public policymakers and allied supporters at the national INSTITUTE (CHLI) CELEBRATES 10 YEARS platform. The goal is to win public and private sector PROMOTING DIVERSITY support for Hispanic higher education. The Congressional Hispanic Leadership The Forum will provide an overview on key legislative Institute (CHLI) is committed to proposals and HACU legislative priorities with sessions advancing the Hispanic Community’s designed to help participants successfully engage with Diversity of Thought and to encourage legislators. The second day of the Forum consists of economic development in the Hispanic Capitol Hill visits, where delegations of administrators, and Portuguese communities. faculty, and students from higher education institutions CHLI was founded in November 2003. Since its nationwide visit and interact directly with key members of establishment, CHLI’s leadership has done a remarkable the House and Senate. job of promoting the involvement of Americans of Early bird registration for HACU’s Capitol Forum ends Feb. Hispanic and Portuguese descent in the public and private 7, 2014. Additional information and online registration is sectors. To commemorate CHLI’s 10th anniversary, the available at www.hacu.net. organization is planning a series of events throughout the

U.S. in 2014. In 2014, CHLI plans to host a number of youth leadership development conferences. They will host their Future Leaders Conference in key states, including Florida, , and California. Partnering with local universities such as Florida International University, Texas A&M

6 CORPORATE OBSERVER HACR COALITION MEMBER NEWS

LULAC AND LNESC CELEBRATED FOR THEIR Morales and Sergio Alfaro from Big Vida Entertainment. OUTSTANDING CONTRIBUTIONS In addition to the awards show, related programming on MSNBC, mun2, mun2.tv, and .com featured LULAC was honored with the 2013 Diversity content and discussions around the issues and causes Advocate Award at the 30th Annual Walter important to the Latino community. Kaitz Foundation Fundraising Dinner in New York City on Oct. 9. This noteworthy Encore presentations of the 2013 NCLR ALMA Awards accolade distinguished LULAC for its broad range of aired throughout Hispanic Heritage Month on mun2 and programs designed to enhance and empower the Hispanic exclusive content is available through Comcast Video on community. The organization’s national Executive Demand and on telemundo.com/ALMA. Director, Mr. Brent Wilkes, received the award. With approximately 84 years as the nation’s largest and SER-JOBS FOR PROGRESS NATIONAL oldest civil rights volunteer-based organization, LULAC INC., TO CELEBRATE 50 YEARS OF continues to open the doors of opportunity for Hispanic PROVIDING SERVICE, EMPLOYMENT AND Americans through its Empower Hispanic America with REDEVELOPMENT Technology, Latinos Living Healthy and Leadership At SER-Jobs for Progress National, Inc. initiatives as well as its Education Advocacy Program. (SER National), we are very excited about Similarly, earlier this June, Communications entering our 50th Anniversary next year Inc., the leading media company serving Hispanic of providing services to under-served America, honored LULAC’s education arm, LULAC individuals across the country. Founded National Educational Service Centers, Inc. (LNESC) with in 1964, SER National is a network of the “Corazon Award.” employment and training organizations that formulates As the sister organizations embark on another year of and advocates initiatives resulting in the increased service and community engagement, the aforementioned development and utilization of America’s human recognition further fuels their efforts for even greater resources, with special emphasis on the needs of victories and achievements. Hispanics in the areas of education, training, employment, business, and economic opportunity. NCLR CELEBRATES LATINO ACHIEVEMENTS The vision of SER National is to enable the Hispanic IN THE ARTS community, other ethnic groups, and “hard to serve” populations to fully participate in America’s socio- When the National Council of economic mainstream, enjoying equal access and parity La Raza (NCLR) launched the in all respects of American society. ALMA (American Latino Media Arts) Awards in 1995, the goal was to counter the nearly Please join us as we celebrate at next year’s conference, invisible and negative image of Latinos in prime-time “Celebrating 50 Years of Service, Employment and television entertainment programming. Redevelopment,” scheduled for April 29-30, 2014 at the Sheraton Dallas Hotel, 400 North Olive Street, Dallas, The 2013 NCLR ALMA Awards aired live during prime- Texas. For more information about the conference please time on Sept. 27 on MSNBC, drawing millions of viewers. contact Roland Ramirez at [email protected]. Advertisers’ interest in reaching Hispanic consumers is stronger than ever; among those that returned for this year’s show were Target, Pepsi, Comcast, Wells Fargo, State Farm, Prudential, and McDonald’s. The telecast showcased inspiring performances and celebrated the outstanding achievements of Latinos in the entertainment industry this year, with tributes to career excellence, worthy causes, and philanthropy. It is a point of pride that the production was led by Latino executive producers, which included actress Eva Longoria; Janet Murguía, president and CEO of NCLR; and Flavio

CORPORATE OBSERVER 7 WWW.INSIDERGAME.ORG INSIDER GAME 2

HACR PREMIERES INSIDER GAME 2

A fascinating and compelling look at the inner workings SECOND INSTALLMENT OF AWARD-WINNING, SHORT of corporate governance and behavior, and involving the DOCUMENTARY FILM PROMOTES ADVOCACY FOR THE entwined lives of political and corporate leadership, IG2 propels the viewer into a world of power and opportunity. INCLUSION OF HISPANICS IN CORPORATE AMERICA. The documentary also openly presents the issues confronting leaders who understand the need to play an In continuation of HACR’s first documentary, the second “Insider Game” in order to bring about real change. installment of the series, Insider Game 2 (IG2), further explores the underrepresentation of Hispanics in the “While there are more women and minorities on corporate corporate sector by highlighting the organization’s unified boards today, diversity and inclusion has not kept up with efforts with congressional leaders, the Securities and the country’s rapidly shifting demographics or consumer Exchange Commission, and the newly formed Latino base,” said HACR President & CEO Carlos F. Orta. “Insider Corporate Directors Association (LCDA). Game 2 reinforces why Hispanic inclusion on corporate boards and in the C-Suite is good for shareholder value.” IG2 continues the story of Hispanic corporate leaders contending with the lack of representation in the boardroom, IG2 premiered with a special screening in Chicago, in picking up where the 2012 award-winning documentary left partnership with Chicago United. Following the screening, off. The film follows the efforts made by these leaders and was a panel discussion with: Ana Dutra, EVP, Global Lead HACR as they employ a three-pronged strategy to push Board Effectiveness, Korn/Ferry International; George for greater inclusion of Hispanics in America’s corporate Herrera, board member, Wyndham Worldwide; Lou Nieto, boardrooms. board member, AutoZone and Ryder; and Leslie Sanchez, producer, Insider Game & Insider Game 2, who moderated the conversation.

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WALMART LEADERSHIP

INTERVIEW SERIES (CONTINUED)

communications for several national ensuring the company is recruiting and global agencies such as Edelman, from a diverse pool of candidates every KARINA DIEHL Burson-Marsteller and The Axis time they hire or promote. COMMUNICATIONS MANAGER, Agency, where she handled major Being an excellent communicator, clients with General Motors, Nintendo, she has a clear message for the 50 MILLERCOORS and the U.S. Army. million Hispanics who will be the BY: PABLO SCHNEIDER AND LAURA RIVAS “Working at the Axis Agency on the majority population in the United General Motors account for Florida States in 2050: “we need to make was a lot of fun—I worked on their sure young Latinos graduate from sustainability and environmental college. We face many obstacles in our programs. I led the initiative to unveil culture with parents, family, and work. the Chevy Volt to Floridians, which Finishing college is about so much naturally included a great deal of more than just getting a diploma; it’s Hispanic outreach.” about the process of going to school, Named a Young Hispanic Corporate about the discipline, about learning Achiever™ by HACR in 2011, Diehl what each of us needs to do to get a knows a strong message will increase good grade. In that process, you learn a the effectiveness of outreach efforts to lot about yourself and what it takes to the Hispanic community. be successful.” “I was recently vice chair of the Next, Diehl said, Hispanics have a Chicago Latino Film Festival, the huge amount of buying power so more largest Latino film festival in the companies need to put their money When Karina Diehl’s name comes country. What I love most about it is where their mouth is. “Companies up in conversation, most people that it doesn’t focus on one country; need to invest in the Latino consumer. would tell you her biggest strength it’s really about uniting Latinos,” Diehl More important, companies need is communicating across multiple said. to understand the cultural nuances platforms to numerous cultures, while among Latinos. We are all consumers serving her Hispanic community Another successful communication so having a diverse team is important proudly. initiative for Diehl was “working with to better understanding the needs República in Miami on one of the best This expertise serves her well and of our audiences. Diversity breeds projects I’ve ever worked on to-date, it’s being used as the communications innovation.” with the CARE organization. At the manager of the Miller family of brands time they were starting to engage But, according to Diehl, marketing and multicultural for MillerCoors. In the U.S. Hispanic population. I helped and understanding consumers is one of this role, she manages the marketing produce their first Spanish-language many steps. She strongly encourages communications of Miller Lite, Miller commercial and went to El Salvador to to roll with the punches and being 64, Miller Genuine Draft, and the film one of their sustainability projects. persistent by not taking no for an launch of Miller Fortune, a new product The experience was life-changing for answer even if you are not invited to to be released in mid-February 2014. me.” have a seat at the table. Instead, “meet Diehl also manages all media relations privately with people and sell them announcements for these brands. Now, Diehl is part of MillerCoors on how you can add value to their diversity and inclusion council, which Prior to joining MillerCoors, company or organization.” consists of executives who implement Diehl spent more than 15 years diversity and inclusion policies and And, “Breaking out of our comfort working in multicultural marketing programs across MillerCoors, such as zone is critical. In our culture, we’re

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not really encouraged to go away to to make sure every team I’ve been to Hispanics statewide continued college.” a part of comes in “best in class” in when Georgia Governor Roy Barnes She recommends taking the job their competitive environment—as vice appointed Ros to Chair the first-ever in a faraway city and learning more president of sales and marketing for Commission on Hispanic Affairs. It about the people around us. “Moving Decon Laboratories and as southeast impacted all areas of government— away doesn’t make us less close to sales manager for a scientific company, changing policies, procedures, and our families, it just helps us appreciate Curtin Matheson Scientific and now access for Hispanics. them. We need to look at our parents The Coca-Cola Company.” As Ros creates more opportunities and grandparents who left their Before achieving success in the and opens more doors for the Hispanic countries for a better life. That’s corporate sector, Ros realized the community, he believes this rapidly something that drives me every day.” national championship was won growing population has to evolve their because of “the ability of a team to mindset in order to have a greater function as a TEAM; people putting the impact in the future. team first and their personal agendas “We have to frame the issue as an FRANK ROS second.” economic versus an emotional one, “I have carried that over to my because at the end of the day it’s about VICE PRESIDENT OF HISPANIC professional life. It’s one of the hardest delivering returns to your shareholders. things to accomplish as a leader Fifty percent of U.S. consumer growth STRATEGIES, THE COCA-COLA COMPANY because you’re asking individuals to in the next 30 years will come from BY: PABLO SCHNEIDER AND LAURA RIVAS have blind trust and put the good of Latino consumers. Companies have the team above themselves. On the to recognize that diversity of thought Curtin Matheson team it took about drives creativity, which in turn leads to a year and a half to get everybody more and better innovation ultimately on the same page, really working resulting in better connecting with together, and supporting each other. consumers. Besides the sales team finishing “Another thing is Hispanics have to number one nationally, 10 of my 11 sales make sure they have a seat at the table representatives got national awards. It so they can be part of framing policy was further proof, that if you put the and influencing decisions. The “table” team first and yourself second, we will can be a corporate or nonprofit board, all come in first.” a political position, a community-driven In 2011, Ros’ competitive spirit and initiative and, of course, voting in team building skills led to him taking elections. on a new challenge: raising $1 million “It’s important Hispanics understand for the HACR Corporate Executives Frank Ros, team captain of the 1980 it’s not just enough to be smart and Forum™ (CEF) Legacy Endowment hard working,” Ros said. national football champion Georgia program. Two years later, Ros helped Bulldogs and now vice president of secure the support of The Coca-Cola No matter the ethnicity, Ros said Hispanic strategies for The Coca-Cola Company, Dell, GE, Intel, MassMutual, being successful is about delivering Company, has emphasized teamwork McDonald’s, Monsanto, Target, Time results, understanding the culture his whole life to measure success. Warner, UPS, and Wells Fargo and you work in and learning to navigate This benchmark has worked surpassed the $1 million goal. without compromising your core repeatedly for Ros, who’s responsible values, and building a diverse network The $1.15 million fund allows HACR in and outside of your organization. for management of the Latin Affairs to grow and manage the HACR CEF department for the third most valuable program, which is designed to develop And developing a great team. brand in the world named by Forbes and advance Hispanic executives from earlier this year. Named one of the Fortune 500 companies into senior “100 Influentials in the U.S.” in 2011 by leadership roles in Corporate America. Hispanic Business, Ros strategically positions The Coca-Cola Company as a For Ros, the HACR CEF Legacy leading corporate citizen with the U.S. initiative wasn’t the first time he’s Hispanic community. contributed greatly to the Hispanic community. “I’m very honored of “I’ve been very fortunate to work having been involved for 18 years with for the greatest company in the world the Hispanic Scholarship Fund and its [Coca-Cola]. One whose part of its Board. In 2000, through the support DNA is a commitment to making a of The Coca-Cola Company, we started positive difference and giving back to the HSF golf tournament that has the communities it serves,” Ros said. raised almost $8 million for deserving “In my career, I’ve tried very hard Latino students,” Ros said. His impact

CORPORATE OBSERVER 11 WALMART LEADERSHIP INTERVIEW SERIES

as president of UPS Mexico, South However, Ruiz realizes diversity Carolina, North Europe, and Wisconsin initiatives in this country are just DAVID RUIZ before serving in his current role since gaining speed and need stronger PRESIDENT OF UPS, 2010. support. “Advocacy needs to continue. Ruiz’s passion for serving was It’s a good thing for corporations to FLORIDA DISTRICT learned at an early age. “As a child have a broad perspective on inclusion of all cultures, genders, generations, BY: PABLO SCHNEIDER AND LAURA RIVAS in the inner-city of Chicago I was a member of a boys’ club. In turn, I etc…. This needs to be part of their had the opportunity to work at that social fabric as we make a formal same club and mentor children like business case that there is strength in myself when I was in high school,” diversity.” Ruiz reflects. His advocacy for the Ruiz has a simple message for community continues today through Hispanics and others who are seeking participation in groups such as the leadership roles, “You have to educate United Way, Urban League, Paralyzed yourself and work on leadership Veterans of America, and Women’s qualities,” he says. In reference to Leadership Business Resource Groups. Latinos he says, “…we are a humble Ruiz’s community involvement culture and don’t like to go out on a further extends with his board seats on limb or push the envelope because the Hispanic Chamber of Commerce of our culture has taught us to be more Metro Orlando and the Heart of Florida conservative. But at the end of the United Way. day you have to demonstrate you Recently celebrating a 35-year can achieve results. Once you get career milestone, David Ruiz began “I also enjoy working with HACR and results you can then ask for additional his UPS career as a part-time package leaders like myself who understand opportunities and leadership roles.” handler while attending college the value of diversity in business.” in Chicago. He worked his way up Ruiz said. “Inclusiveness, respect, and “Find your passion and go after it,” through the ranks and now leads a cooperation are core values that help Ruiz says about building your future. team of 13,000 UPSers as president of drive business as it does at UPS.” “And, be prepared if you don’t succeed. UPS Florida District. If you don’t have some failures, then Ruiz maintains a strong executive you’re not pushing to the level you While Ruiz started in an entry leadership role and supports the should be. level position, it’s no surprise he vision to develop Hispanic executives has ascended into a high ranking in Corporate America through HACR’s “In speaking engagements I always management position. Throughout his Corporate Executives Forum™ (CEF) ask, ‘What is the legacy you’re building career he has been recognized with Legacy Program. The CEF Legacy now as you go through your career and increasingly prestigious positions in the Program provides mentors and relies life?’” For David Ruiz, his legacy is 35 U.S. and abroad. He has been featured on partners like UPS as they establish years strong and continuing at UPS. in Hispanic Executive and Hispanic a $1 million endowment that will ensure Business for his career achievements Hispanic executives are well-prepared and distinction as one of 25 Corporate for greater leadership roles within Elite Leaders. In 2011, the U.S. Hispanic organizations. Chamber of Commerce recognized Ruiz’s community mindedness David as an accomplished business extends to the corporate sector as leader in the CEO Circle. one of nine executives from around But like all true leaders he never the nation serving on the MillerCoors’ forgets his origins, making it a Diversity and Inclusion Council priority to give back both at work advisory board. He also supports and in the community. “One of the grassroots initiatives with the National many highlights in my career was the Council of La Raza and is a member of opportunity to become president of the Board of Governors for the Florida UPS Mexico because, in my mind, that’s State Hispanic Chamber of Commerce. the country my father left to seek a “By working together, we can share better life and it’s going full circle: I our unique experiences and further helped create opportunity in a country our efforts to strengthen bonds within where many people leave to pursue the community,” adds Ruiz. “This in their dreams.” turn creates opportunities for other Ruiz’s ability to understand people leaders via your own organization, your and different cultures resulted in community, and other organizations.” UPS developing his business acumen

12 CORPORATE OBSERVER CORPORATE MEMBER AND MEDIA PARTNER NEWS

AARP HELPS CONSTITUENTS UNDERSTAND 1,200 Denny’s restaurants nationwide selling coupons in THE AFFORDABLE CARE ACT support of No Kid Hungry’s efforts to help the more than 16 million American children struggling with hunger. Every There is a lot of confusion dollar donated to No Kid Hungry helps feed a hungry about the Affordable child, 10 nutritious meals. When a guest donated $3 at Care Act and AARP is Denny’s, they not only supported No Kid Hungry, but also helping to cut through the clutter with easy to understand received $9 worth of coupons redeemable at participating information and resources. restaurants. To learn more, visit www.nokidhungry.org/ At more than 30 percent, Hispanics are one of the largest Dennys. uninsured populations in the country. For people without health insurance, there are a few important things to know. Beginning Oct. 1, 2013, Americans have had a TALENT DEVELOPMENT – new way to shop for health insurance. Through online KEY TO DIVERSITY SUCCESS Marketplaces in every state, individuals can shop for and Helping companies find the best compare insurance plans. And for some, there may be talent and innovative suppliers assistance to pay for the insurance depending on income. is a key focus of DiversityInc’s For people who currently purchase their own insurance, consulting practice. We know that talent is distributed they’ll also have a new way to shop. And if an individual equally across all of humanity, so business embracing has coverage through their employer or Medicare, there Hispanic suppliers is a smart decision. Progressive are new preventive and wellness benefits available and no companies are making great strides and are reaping the further action is required. benefit of talented individuals and suppliers. To learn how the most advanced companies are working with People want the information that matters to them and the Hispanic community visit www.diversityinc.com/ their family. By visiting AARP’s resources at www. top10companieslatinos. healthlawanswers.org or www.MiLeydeSalud.org you can find out what benefits are available to you, how to DiversityInc explored the cutting edge practices the find them in your state, and answers to frequently asked best companies employ at the Talent Development: questions, in English and Spanish. Diversity-Strategies Event in New York City on Oct. 16. Key speakers were: Carlos Rodriguez, president and CEO, ADP; Pat Esser, president, Cox Communications; DINE OUT WITH DENNY’S THIS FALL AND Dr. Ronald Copeland, senior vice president, National PLEDGE TO MAKE CHILDHOOD HUNGER Diversity Strategy and Policy, and Chief Diversity Officer, TOAST IN THE U.S. Kaiser Permanente; and others from Ernst & Young, CVS As America’s Diner, Denny’s is Caremark, and Dell. For more information visit www.

NGR diversityinc.com/events-talentdevelopment-2013. U Y committed to reducing childhood H

hunger and ensuring that children

throughout the country have GE HISPANIC FORUM MEMBERS GIVE YOUNG access to and are able to start HISPANICS CAREER ADVICE the day off right with healthy, attainable meals. For the third straight year, Denny’s is teaming up with Share This summer, the GE Hispanic Our Strength’s No Kid Hungry® campaign, a national Forum hosted an all-day leadership movement aimed at ending childhood hunger by workshop for Hispanic students from connecting kids with healthy food where they live, disadvantaged communities in Chicago. learn, and play. More than 100 local Hispanic students from UNO Charter Schools, Junior Achievement, and Share Our Strength’s No Kid Hungry® September the Midtown Educational Foundation participated in the fundraising program for restaurants has quickly become event where GE business leaders from around the world one of the most important and influential annual anti- rolled up their sleeves to help students develop ‘elevator hunger campaigns in the country. speeches’ and refine their presentation skills for future This year’s program ended on October 31 with more than job interviews. The hands-on leadership development

CORPORATE OBSERVER 13 CORPORATE MEMBER AND MEDIA PARTNER NEWS

event provided students with practical tools they can Additionally, Mr. Peterson will be responsible for use in preparation for future careers in the science, expanding GM’s Minority Dealer Development and technology, engineering and math (STEM) fields; showed Women’s Retail Network activity and representing the students how adults from the same cultural heritage interests of minority and women dealer candidates. achieved success and turned being bilingual into a Mr. Peterson began his GM career with Buick in 1976. He marketable asset. has held a number of sales positions with increasing levels In the past year alone, GE Forum members have hosted of responsibility at Buick and Chevrolet and was chosen 81 events with students in 27 metropolitan cities across to head GM’s Minority Dealer Development organization the U.S. introducing students to the world of STEM and in 1998. Most recently, Peterson has coordinated GM’s educating them on basic business and entrepreneurship efforts to engage with its minority dealers and external principles. dealer organizations to understand and address the issues they face. HISPANIC EXECUTIVE HONORED ITS 2013 TOP 10 LÍDERES IN CHICAGO INSPIRING EDUCATIONAL EXCELLENCE Hispanic Executive magazine AMONG LATINO YOUTH was proud to honor this McDonald’s® has joined forces with year’s class of elite business the United States Hispanic Leadership leaders with its second annual Top 10 Líderes issue Institute (USHLI) and youth engagement released in October. The invite-only VIP dinner was held company CoolSpeak to present the 2013 at Chicago’s Catalan-inspired restaurant Mercat a la USHLI Student Leadership Summit, a 10-city event taking Planxa on Wednesday, October 16. Northwestern Mutual place this fall, part of USHLI’s flagship Student Leadership sponsored the intimate dinner in collaboration with Chivas Series designed to motivate students to achieve their full Regal. potential through higher education. Gracing the cover of Hispanic Executive’s Fall 2013 issue is To ensure its education message resonates with students, activist, philanthropist, and businesswoman Eva Longoria. the summit will feature motivational speakers from Nine other distinguished Latino executives were honored CoolSpeak, an organization that specializes in infusing on the magazine’s list of honorees, which includes Ricardo an engaging, relevant factor in communicating with Anzaldua, Jorge Perez, Jacqueline Rosa, Rodrigo Sierra, students. Through strong personal life experiences and Andrea Bazan, Maria Sastre, Robert Sanchez, Lisa Garcia thought-provoking insights, speakers challenge students Quiroz, and Jorge Mas. to strive for educational excellence. Hispanic Executive’s Top 10 honorees are carefully Between workshops, students will be able to relax at handpicked and reviewed by HE’s editors, research staff, the McDonald’s Study Lounge, a hub to connect with and president. Criteria for selection varies by individual. other participants while enjoying a fun photo booth. There they will also learn how to apply for the RMHC®/ HACER® Scholarship offered by Ronald McDonald House ERIC PETERSON RECENTLY NAMED U.S. VICE ® PRESIDENT, DIVERSITY DEALER RELATIONS, Charities . The scholarship is one of the largest in the AT GENERAL MOTORS CO. country for Hispanic students and has awarded more than $23 million in scholarships since 1985. Eric Peterson, formerly U.S. vice president of Corporate Diversity, will advance GM’s commitment to increase MICROSOFT DIVERSITY AND INCLUSION – the number of minority dealers in its WE’RE ALL IN! dealer network and support automotive For Microsoft, Diversity diversity. He will represent GM at diverse dealer and Inclusion is a vital organization activities and strengthen GM’s relationships corporate priority. CEO with these organizations. Steve Ballmer recently mandated a Global Diversity and Inclusion Leader Commitment be included in the business

14 CORPORATE OBSERVER CORPORATE MEMBER AND MEDIA PARTNER NEWS

objectives across the company with the goal of building of backpacks in six key markets: Los Angeles, New York, a diverse pipeline of future leaders while retaining and Chicago, Dallas, Houston, and Miami. Telemundo network advancing U.S. minority and global female leaders. news reporter Vanessa Hauc, the spokesperson for One aspect of this commitment is represented by company Telemundo’s education initiative “El Poder de Saber,” now initiatives and partnerships to support Hispanic employees in its tenth year, made a special appearance at the Miami and community. Microsoft’s HOLA Employee Network event, meeting with recipients, signing autographs, and provides professional and social networking for employees posing for photos with them. of Latino descent and promotes the development, growth, On Sept. 28, mun2, Telemundo’s cable network for young and advancement of Hispanics and Latinos within the Hispanic adults, broadcast its one-hour original production company. “Hecho en America,” in commemoration of Hispanic Microsoft’s employee participation in The National Hispana Heritage Month. The news special highlighted Latinos who Leadership Institute (NHLI) Executive Leadership Training are changing politics, culture and business in the U.S., Conference and Mujer Awards and the LATINO Magazine including actress Jessica Alba, Sen. Marco Rubio (R–Fla.), Ahora Student Day provide mentorship opportunities for Girls Scouts of the USA CEO Anna Maria Chávez, comedian Latinas and students interested in the fields of science, George Lopez, boxer Marlene Esparza, NCLR’s Janet technology, engineering, and mathematics (STEM). Murguía, and recording artist Christina Aguilera. Delving Microsoft also takes a proactive role in recruiting Latino/ deeply into the personal success stories of its subjects, this Hispanic talent with an active participation in the Society intimate first-person account of Latinos who are breaking for Hispanic Professional Engineers (SHPE) and the down barriers in their fields takes a cue from the motto of a National Society of Hispanic MBAs (NSHMBA) programs new movement: “50 million strong, making it in America.” and conferences. WALMART SPEARHEADS HISPANIC HERITAGE AWARDS U.S. MANUFACTURING SUMMIT As the presenting sponsor of the This August, nearly Hispanic Heritage Foundation’s 26th 1,500 government Annual Hispanic Heritage Awards, held officials and suppliers on September 5 at the John F. Kennedy convened at the Walmart U.S. Manufacturing Summit to Center for the Performing Arts in advance American renewal in manufacturing and help Washington, D.C., Target celebrated the Hispanic leaders rebuild opportunities for America’s middle class. The who have made a positive impact on America. summit at the Orlando Convention Center underscored Walmart’s commitment to buy an additional $50 billion in In addition, Target was the Education Award sponsor. Juan U.S.-made products over the next 10 years and featured Galarraga, vice president of store operations at Target, announcements from suppliers that, combined, are gave opening remarks and presented the Education expected to infuse more than $70 million into factory Award to Miami-Dade County Superintendent Alberto growth and create more than 1,000 domestic jobs. Carvalho. Before the awards, Target’s beloved bull terrier ambassador, Bullseye, was on the red carpet celebrating The summit brought together representatives from across with nominees such as Actress Eva Longoria and Singer industries, including 500 supplier companies, 32 state and Actress Lucero. governments, major retail industry leaders, and other retailers. Governors and state officials had the opportunity to speak directly with hundreds of manufacturers who are TELEMUNDO MEDIA GOES “BACK TO SCHOOL” ready to create jobs in their local communities. AND CELEBRATES HISPANIC CULTURE In late summer, Telemundo Media helped to lessen the expense of the back-to-school season for Hispanic families across the FOLLOW US ON: WWW.HACR.ORG U.S. with the distribution of thousands

CORPORATE OBSERVER 15 CORPORATE MEMBER AND MEDIA PARTNER NEWS

WELLS FARGO CONNECTS WITH sole authorized manufacturer for terry and linen. Through LOCAL COMMUNITIES THROUGH the partnership with Sobel Linen, the company has saved SOCCER AND FINANCIAL SUCCESS its hotels money, created a consistent experience for guests, and helped Sobel Linen increase its business Wells Fargo recently announced threefold. sponsorships of Major League Soccer (MLS) and the Mexican National Team for For more information about the Supplier Diversity program, its annual U.S. tour, establishing Wells visit suppliers.wyndhamworldwide.com Fargo’s commitment to supporting soccer and community programs across the U.S. HACR WELCOMES LEADING ENERGY COMPANY Both agreements run through 2016 and offer Wells Fargo AS ITS NEWEST CORPORATE MEMBER a national platform to introduce and strengthen the Wells The Hispanic Association on Fargo brand in the minds of the 90 million soccer fans Corporate Responsibility (HACR) across the U.S. In addition, the agreement allows Wells welcomed Chevron Corporation as its Fargo and MLS to work together on philanthropic and newest corporate member recently, community programs. a company ranked third overall on Within these community programs, Wells Fargo is now a Fortune magazine’s 2013 list. presenting partner for the MLS WORKS Community MVP “We are very excited about joining the Hispanic Association award, given to individuals who go above and beyond on Corporate Responsibility,” said Shariq Yosufzai, vice to make a difference in their community. Annually, one president of global diversity at Chevron. “With operations Community MVP is selected to represent each of the 19 MLS all over the world, Chevron values the rich diversity of clubs across North America based on their contributions to ideas, experience and skills our employees bring to the social issues focusing on acceptance and equality, health company. HACR is another way we can be involved in issues affecting men, women or children, and community celebrating the diversity of our workforce.” service for a local, national or international charity or Chevron Corporation, a major integrated oil and gas community organization. Wells Fargo wants to show soccer company, is the only energy company within the ranks of fans that we are as passionate about their financial success HACR’s corporate members. Chevron will work with HACR as the community is about soccer. to raise awareness and recognize the need for Hispanic inclusion within Corporate America and, specifically, the BUILDING PARTNERSHIPS energy sector. ONE SUPPLIER AT A TIME “HACR is proud to work with Chevron to help further By strategically partnering our mission towards a level of corporate inclusion that is with diverse-owned proportionate with Hispanic economic contributions,” HACR businesses, Wyndham President & CEO Carlos F. Orta said. “After hosting our 21st Worldwide generates new Annual Symposium in Houston, Texas, we are pleased to ideas and opportunities that help the global hospitality have a leading energy company come on board and partner company and its business units, and also the overall with our organization.” strength and dynamism of the economy itself. Through its Supplier Diversity program, Wyndham Worldwide has strengthened the diversity of its global supply chain. In 2012, the company’s diverse spend increased by 19 percent over 2011 and nearly $35 million of its total diverse spend was with Hispanic suppliers including Navigant Marketing and Sobel Linen. Another major milestone for the company’s Supplier Diversity program is its partnership with Sobel Linen, its

16 CORPORATE OBSERVER CORPORATE MEMBER NEWS

HISPANIC INCLUSION ON FORTUNE 500 BOARDS

Since 1993, HACR has conducted an analysis of corporate governance in America’s largest companies. These studies 2010 have shown both the number of board seats held by Latinos and the number of corporations embracing diversity in their boardrooms and C-suites has increased. OF THE TOTAL U.S. 16% POPULATION 2000 IS HISPANIC

1990 HISPANICS 13% BECOME THE 2013 OF THE TOTAL U.S. LARGEST 9% POPULATION IS RACIAL-ETHNIC ? HISPANIC GROUP IN THE U.S.

THERE ARE 10 HISPANIC CEOS .91% AT FORTUNE 500 COMPANIES: HISPANIC JOSEPH ALVARADO REPRESENTATION PAUL DIAZ ON FORTUNE 500 ANDRÉS GLUSKI BOARDS J. MARIO MOLINA ROBERTO GOIZUETA 2.09% GEORGE PAZ BECOMES THE FIRST FORTUNE 500 ANTONIO PEREZ HISPANIC CEO AT A 1993 BOARD SEATS J. PAUL RAINES FORTUNE 100 COMPANY HELD BY HISPANICS JOSUE ROBLES, JR. (COCA-COLA #56)* CARLOS RODRIGUEZ 2003 ROBERT E. SANCHEZ 1981 2012

THE 2013 HACR CORPORATE GOVERNANCE STUDY WILL BE RELEASED IN DECEMBER 2013 Visit www.hacr.org for more information

*Domhoff, William G. and Zweigenhaft, Richard L. (2011).”The New CEOs Women, African American, Latino, and Asian American Leaders of Fortune 500 Companies” CORPORATE OBSERVER 17 HACR ALLIANCE BOARD DIVERSITY STUDY

ALLIANCE FOR BOARD DIVERSITY STUDY SHOWS WOMEN AND MINORITIES MAKE NO REAL GAINS

In its recently released biennial study, the Alliance for Board and compensation committee chair—women and minority Diversity (ABD) reported women and minorities have made men experienced small increases in leadership positions on no real gains in the boardrooms of Corporate America. The boards. Minority women were the only group that did not ABD is a collaboration of four leadership organizations: make any gains in leadership positions. Catalyst, The Executive Leadership Council (ELC), the The ABD believes there are valuable benefits to corporate Hispanic Association on Corporate Responsibility (HACR), diversity. This belief is, in part, based on research that and Leadership Education for Asian Pacifics, Inc. (LEAP). shows well-managed diverse teams yield better results. The According to the report, Missing Pieces: Women and research also indicates diverse teams help drive new and Minorities on Fortune 500 Boards, 2012 Alliance for Board independent perspectives and better group performance as Diversity Census, in the Fortune 100 women and minorities well as provide market-based insights, which are critical for remain vastly underrepresented at the decision-making innovation and business success over time. tables of corporate boardrooms, with white/Caucasian men According to the ABD, the challenge to board diversity is comprising nearly 70 percent of the 1,214 seats. The trend not on the supply side. There are more qualified women and is similar in the Fortune 500, with white/Caucasian men minority executives than ever before for board positions at accounting for 73.3 percent of the total 5,488 board seats. Fortune 500 companies. The ABD is doing its part to ensure Overall, there have been only very small gains in boardroom qualified candidates are considered for board opportunities. representation since the first ABD census ofFortune 100 Each ABD member supports initiatives that position qualified board directors in 2004. women and minorities for service on Fortune 500 corporate Women and minorities also continue to be underrepresented boards. in leadership roles in boardrooms. Among the five major For more information on this report and the Alliance for categories assessed—Board chair, lead director, audit Board Diversity, please visit www.theabd.org. committee chair, nomination/governance committee chair,

2012 FORTUNE 100 FINDINGS1 FIGURE 5 Fortune 100 Seats Gained/Lost from 2010 to 2012 by Gender and Race/Ethnicity FIGURE 1 Fortune 100 Percentage of Board Seats by Gender and Minority Status

White/Caucasian Men & Women Minority Women 30 n = 47 Hispanic/Latino Men & Women 3.9% Minority Missing Pieces: Men Asian/Pacific Islander Men & Women n = 150 16 White/Caucasian 20 Women 12.4% African-American Men & Women n = 193 Women and Minorities on Fortune 500 Boards 15.9% 10 52 1 4 1

White/Caucasian Men e n = 824 2012 ALLIANCE FOR BOARD DIVERSITY (ABD) CENSUS eopl 67.9% 0 Number of P -3 -10

In 2012, women and m inorities remained underrepresented a t the decision-making tables of -20 Fortune 100 b oardrooms w ith white/Caucasian men comprising n early 70 p ercent o f the total

1,214 seats. -23

-30

Table 1. Fortune 100 Board Seats by Gender and Minority Status The number of Fortune 100 board seats remained relatively flat between 2010 and 2012. There was a small shift i n Fortune 100 seats gained/lost f or w omen and m inorities. W omen and 2004 2010 2012 minorities held only 32.1 percent of seats in 2012, a small increase from 30.1 percent in 2010. #%#%#% White/Caucasian men continued to hold the majority of seats with close to 70 percent.3 Total Men 993 83.1 993 82.0 974 80.2 Total Women 202 16.9 218 18.02 40 19.8 Women and Minorities 344 28.8 364 30.1 390 32.1 Minority Men 142 11.91 46 12.1 150 12.4 Minority Women 36 3.04 13 .4 473 .9 Total Board Seats1 ,1951 ,211 1,214

1 Fortune 100 analyses are based on data from all 100 companies in the Fortune 100. Results are accurate within one-tenth of a 3 See Appendix 2: Total Board Seats by Race/Ethnicity and Gender. percent. Percentages may not add up to 100 because of rounding. See Appendix 6: Research Methodology for more details.

2 MISSING PIECES: WOMEN AND MINORITIESRTUNE ON FO500 BOARDS – 2012 ABD CENSUS MISSING PIECES: WOMEN AND MINORITIESRTUNE ON FO500 BOARDS – 2012 ABD CENSUS 5

18 CORPORATE OBSERVER 2014 HACR CALENDAR

CORPORATE MEMBERS

2014 CALENDAR OF EVENTS BENEFACTOR February 13-16, 2014 July 8-12, 2014 ALTRIA GROUP United States Hispanic Leadership LULAC National Convention DELL Institute: National Conference & Exposition FORD MOTOR COMPANY GENERAL ELECTRIC Sheraton Chicago Hotel & Towers New York Hilton Midtown INTEL Chicago, IL New York, NY MCDONALD‘S CORPORATION TARGET CORPORATION TIME WARNER March 4, 2014 July 19-22, 2014 WELLS FARGO

National Council of La Raza: National Council of La Raza GENERATIONS 27th Annual Capital Awards Annual Conference National Building Museum Los Angeles Convention Center AETNA ANHEUSER -BUSCH COMPANIES Washington, D.C. Los Angeles, CA AT&T BANK OF AMERICA CAESARS ENTERTAINMENT April 7-8, 2014 CHEVRON CHRYSLER HACU 19th Annual National Capitol CITIGROUP Forum on Hispanic Higher Education COMCAST CORPORATION Washington Marriott at Metro Center CONAGRA FOODS Washington, D.C. GENERAL MOTORS JOHNSON & JOHNSON KRAFT FOODS MILLERCOORS NORTHROP GRUMMAN SODEXO STATE FARM INSURANCE TOYOTA MOTOR CORPORATION VERIZON COMMUNICATIONS 2014 HACR PROGRAMS THE WALT DISNEY COMPANY

April 4-6, 2014 April 6-8, 2014 ASSOCIATE HACR Corporate Achievers Summit HACR Young Hispanic Corporate AARP SERVICES THE US GRANT Hotel Achievers™ Program AMERICAN PETROLEUM INSTITUTE San Diego, CA THE US GRANT Hotel San Diego, CA COMERICA CSX CORPORATION April 4-6, 2014 DENNY‘S CORPORATION DIAGEO HACR Corporate Directors Summit™ April 7-8, 2014 THE HOME DEPOT THE US GRANT Hotel 22nd Annual HACR Symposium: ING San Diego, CA The Power of Hispanic Inclusion™ LOWE’S MACY‘S THE US GRANT Hotel MANPOWER San Diego, CA MARSH & MCLENNAN COMPANIES April 4-6, 2014 MGM RESORTS INTERNATIONAL MICROSOFT CORPORATION HACR Corporate Executives Forum™ April 8, 2014 PEPSICO THE US GRANT Hotel PRUDENTIAL FINANCIAL San Diego, CA HACR CEO Roundtable TELEMUNDO MEDIA THE US GRANT Hotel UNITEDHEALTHCARE UPS San Diego, CA WALMART WYNDHAM WORLDWIDE

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