Hispanics lack seats on corporate boards.(Knight Ridder Newspapers)

From: Knight Ridder/Tribune News Service | Date: December 24, 2001| Author: | Copyright information

Hispanics make up at least 12.5 percent of the country's population, but they hold only 1.7 percent of the board seats at Fortune 1,000 companies, according to a study by a Washington group concerned with Hispanic representation on corporate boards.

Failing to have Hispanics in leadership could hurt companies trying to cash in on the $561 billion Latinos spend every year, said Anna Escobedo Cabral, president of the Hispanic Association on Corporate Responsibility, which authored the 2001 Governance Study.

Cabral said the makeup of a company's leadership is important ...

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