Washington, D.C., August 24, 2009—LATINA Style Magazine proudly announces the LATINA Style 50 Report for 2009. Now in its 12th year anniversary, thisCompanies responding to LATINA Style's questionnaire are evaluated based on issues that LATINA Style readers identified as most important to them in the workplace. Among the principal areas of evaluation are: number of Latina executives, mentoring programs, Latina board members, educational opportunities, alternative work policies, dependent/child care support, employee benefits, women’s issues, job retraining, affinity groups and Hispanic relations. Evaluations for the 2009 annual report were based on 2008 data.
“Latinas’ climb to the upper echelons of the corporate ladder has been severely impaired by the harsh economic conditions in today’s market. Their lack of seniority has put them at a disproportionate disadvantage in the implementation of retention efforts,” says Robert E. Bard, president and CEO of LATINA Style, Inc. “We commend the companies that in spite of the economic and market pressures have made significant efforts to maintain or even increase Latina representation in their upper ranks. We have gone to great lengths to provide a reliable resource for Latinas to evaluate companies and after a year of research, we firmly believe that the 2009 LATINA Style 50 truly represents some of the best opportunities corporate America has to offer."
Kaiser Permanente, based in Oakland, CA, is the company of the year. Kaiser Permanente is one of America's leading health care providers and not-for-profit health plans. Founded in 1945, Kaiser Permanente's mission is to provide high-quality, affordable health care services to improve the health of their members and the communities they serve. Kaiser Permanente currently serves 8.6 million members in nine states and the District of Columbia.
“We are honored to be named as the best company by LATINA Style in the publication's 50 Best Companies for Latinas to Work for in the United States,” said George Halvorson, chairman and chief executive officer of Kaiser Permanente. “Diversity is a critical piece of our values as a mission-driven organization. It would be impossible for us to improve the health of the communities we serve if we didn’t recognize and support the diversity in those communities. For us, diversity is not an add-on agenda, but a core business principle, and the diversity of our members and staff is a reflection of our success.”t">
An annual awards ceremony honoring the LATINA Style 50 Companies will take place on February 4, 2010 during LATINA Style’s Diversity Leaders Conference in Washington, D.C. For more information regarding the LATINA Style 50, please visit the magazine web site at www.latinastyle.com.
2009 LATINA Style Top 50 Companies
Marriott International, Inc.
Verizon Communications, Inc.
Southern California Edison
Johnson & Johnson
Wal-Mart Stores, Inc.
General Mills, Inc.
Bank of America Corporation
Principal Financial Group
Wells Fargo & Company
BNSF Railway Company
Darden Restaurants, Inc.
The Coca-Cola Company
Kraft Foods, Inc.
State Farm Insurance Companies
UnitedHealthcare, Inc. New York Life Insurance Company
New York Life Insurance Company
American Express Company
Army & Air Force Exchange Service
Novartis Pharmaceuticals Corporation
Allstate Insurance Company
Wyndham Worldwide Corporation
Chubb Group of Insurance Companies
Hyatt Hotels Corporation
Burger King Corporation
Consolidated Edison Company of New York, Inc.
General Motors Company
Ryder System, Inc.
Union Pacific Railroad Company
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About Latina Style 50:
Since its launching in 1998 as a special report recognizing corporate America's diversity initiatives and commitment to advancing the careers of professional Hispanic women, the report has become the most prestigious analysis of corporate America's efforts for promoting diversity and providing career advancement opportunities for Hispanic women. Acknowledging the need to shed light on the issue, Anna Maria Arias, Founder of LATINA Style Magazine, began her quest to expand bring forth powerful and useful information on the increasing importance of recruiting professional Latinas. With the assistance of the U.S. Department of Labor, the U.S. Equal Employment Opportunity Commission, and national Hispanic organizations, a comprehensive survey was created and sent to the Fortune 1000 companies. The reports highlight each company's leadership programs, employee benefits and Latina representation in senior positions. Over 800 companies are evaluated. The 10th consecutive LATINA Style 50 Report was published in August of 2007.