Latino CEOs in Fortune500 + S&P500 Companies Have Doubled since 2010
Despite doubling since 2010 to 21, Latino CEOs still represent just 3% of Fortune 500 and S&P 500 companies.
When looking at the most prominent US-based companies, S&P and Fortune 500 companies, only 3% of the CEOs are Hispanic or Latino, despite the country having an 18% population of the same ethnicity.
Still, at Latinometrics, we like to celebrate progress, and from 2010, the number of such CEOs has doubled from 9 to 21.
When looking at Latina CEOs, there are sadly none currently sitting. But in 2017, Geisha Jimenez Williams broke the trend when she became the leader of PG&E, a gas company that did $20B+ in revenues last year. Geisha immigrated to the US after her father, a political prisoner from Cuba, was released from prison.
Another Cuban, Frank del Rio, shares a similar story — immigrating at age six and rising through the ranks to become the CEO of Norweigan Cruise Lines.
Marcelo Claure also stands out as a Bolivian who led Sprint from 2014 to 2018 and then held a key role at SoftBank, a group with $100B+ of capital that has invested in the world's most prominent startups. He’s now a solo investor, focusing on Latin America.