According to the 2019 US Census, the Latinx community is the fastest growing demographic in the US, and yet a recent corporate governance study from the Hispanic Association for Corporate Responsibility (HACR) reports that , although the Latinx community is 18 percent1 of the population, Latino talent has only four percent2 of executive leadership roles in Fortune 500 companies.
“The Latinx Executive Alliance helps address the growing gap in recruiting and advancing Latinx talent in the United States“said Alberto” Beto “Casellas, CEO and Executive Vice President of Synchrony Health and Wellness.” As senior leaders in our own organizations, it is up to us to invent, design and act with determination to create greater opportunities for the many Latino people who are ready to lead. ”
The Latinx Executive Alliance aims to create a more diverse workforce by identifying, mentoring, enhancing and promoting the next generation of Latinx leaders. The Alliance will also help identify opportunities within organizations where diverse professional talent can have a significant impact and help their companies better meet the needs of their customers and communities.
“At Synchrony, we encourage our employees to connect with organizations that provide different perspectives because we believe they can have a positive impact on their personal and professional development,” said DJ Casto, Synchrony’s director of human resources. “When my colleagues and I looked for a professional network where C-Suite Latinx executives could collaborate, connect, invest, and support each other, we just couldn’t find one. We decided at the time that we would pave the way ourselves and in doing so, we will guarantee more opportunities and better outcomes for Latinos and the businesses they support. “
The Latinx Executive Alliance invites business leaders and executives from all companies, industries and sectors to attend its inaugural virtual event titled “Impact” in Monday, October 18, 2021 from 12: 00-1: 00 pm ET. The goal of the event is to create a forum where leaders from across the Latinx community can begin to frankly share the challenges and opportunities they see in corporate America and discuss the ways they and others can collectively support Latinx leaders in their career path. The ideas from the discussion will help shape the long-term goals and focus of the Alliance. Expected attendees will include executives from Fortune 500 companies, as well as small and medium-sized businesses. Current and aspiring Latinx professionals are invited and encouraged to attend the virtual event and can Click here to register.
Speakers at the “Impact” event include:
- Alberto “Beto” Casellas, Executive Vice President and CEO, Health and Wellness, Synchrony
- Fernando Aguirre placeholder image, Board of Directors, Synchrony
- DJ Casto, Executive Vice President and Chief Human Resources Officer, Synchrony
- Lucy perez, Senior Partner, McKinsey
- Amber-Marie Medina, Vice President of Product Strategy, Hispanic Segment and Hispanic Network Development Leader, Synchrony
Today’s announcement and formation of the Latinx Executive Alliance is part of Synchrony’s broader effort to support various communities, including startup company $ 15 million commitment to venture capital funds led by latinx, black and female investment partners in May 2021, the launch of its Advancing Diverse Talent (ADT) initiative, and the Education as an equalizer initiative to expand access to higher education, skills training in high-growth fields, and financial education for underserved communities and its own workforce.
For more information on the Latinx Executive Alliance and the “Impacto” event, visit https://events.synchrony.com/lea-impacto Or email Elizabeth caraballo, Senior Vice President, Diverse Talent Strategy, Synchrony, and Director of Programs, Latinx Executive Alliance, at [emailÂ protected].
Synchrony (NYSE: SYF) is a leading consumer financial services company. We offer a wide range of specialized financing programs, as well as innovative consumer banking products, in key industries such as digital, retail, home, auto, travel, healthcare and pets. Synchrony enables our partners to increase sales and customer loyalty. We are one of the largest private label credit card issuers in the United States; We also offer co-branded products, installment loans, and consumer finance products for small and medium-sized businesses, as well as healthcare providers.
Synchrony is changing what is possible through our digital capabilities, deep industry experience, actionable data insights, frictionless customer experience, and customized financing solutions.
For more information visit www.synchrony.com and Twitter: @Synchrony.
SOURCE Synchrony Financial