CNBC: 2024 Latino Board Monitor: Latinos Represent 5.05% of Fortune 1000 Corporate Directors Despite being Fastest Growing Demographic in Economy
The report highlights incremental progress in Latino representation on Fortune 500 and Fortune 1000 boards. Over the past four years, Latino representation on Fortune 1000 boards has increased by 1.85%, rising from 3.2% to 5.05%, marking the most significant progress to date. Despite these gains, Latinos remain the most underrepresented demographic in corporate boardrooms—a concerning gap, given their rapidly growing influence in the US economy, with a GDP of $3.6 trillion according to just released data from the Latino Donor Collaborative.