Thirty Percent Coalition

We are thrilled to announce that the Association of LGBTQ+ Corporate Directors has received a $350,000 grant from the prestigious The David and Lucile Packard Foundation! 🎉 This generous support will fuel the Association's mission to increase #LGBTQ+ representation in corporate boardrooms across the United States. 🏳️🌈🏢 With this funding, we will: ✅ Expand mentorship and coaching programs ✅ Enhance board readiness training for LGBTQ+ professionals ✅ Strengthen advocacy efforts to drive real change. Thank you to the Packard Foundation for believing in the power of diverse voices in leadership. 🙏 Your support is a game-changer for the future of inclusive corporate governance. Stay tuned as we build a more diverse and representative corporate landscape! 🚀 #LGBTQLeadership #CorporateDiversity #InclusiveGovernance #BoardroomDiversity #RepresentationMatters #PackardFoundation #LGBTQDirectors Betsy Bernard Michael C. Camuñez Rob Smith Richard Socarides Heather Hiles Gerry Rodriguez (he/him) Chiqui Cartagena LGBTQ Corporate Directors Canada Australian LGBTQ+ Board & Executive Inclusion (ALBEI) https://lnkd.in/g4KVPEWi

💡 Did you know? Latest findings from the 2024 Latino Board Monitor reveal a stark reality: by 2060, #Latinos will make up 27.5% of the US population but will hold just 9.2% of Fortune 500 board seats! This gap is widening for Latinos, while other demographics are on track for parity by 2030. 📊 Read the full report: https://bit.ly/4eqSLeh #LBM2024 #F500 #CorporateGovernance

Companies can do better. This is e.l.f.ing how.💥 We’re proud to release our "Not-So-White Paper," in collaboration with North Carolina Agricultural and Technical State University. This report underscores the impactful role that board diversity plays in the success of U.S. publicly traded companies. This partnership is part of e.l.f. Beauty’s Change the Board Game initiative, which is our long-term commitment to increasing diverse representation in the boardroom. This ambition is based on the belief that our own success in delivering 22 consecutive quarters of net sales growth is in part drawn from its diverse board. e.l.f. Beauty is the only publicly traded company in the U.S. out of approximately 4,100 with a Board of Directors that is 78% women and 44% diverse, reflecting the communities it serves. The "Not-So-White Paper" shows how, “Diversity is a complex topic, and there is no cookie-cutter solution to capturing the many benefits that diversity can bring to a board of directors. e.l.f. Beauty is an example of how an intentional, long-term talent strategy can create a balanced, diverse board that has overseen significant business growth and strong financial outcomes.” Key learnings include: - Diverse boards show a 15% higher return on equity. - There’s a 50% reduction in earnings risk when boards are more diverse. - Women on boards are linked to better price-to-earnings ratios. Recognizing that expanding leadership voices requires the partnership of other companies, our goal is to help double the rate at which women and people of color are added to the boards of directors of U.S.-based, publicly traded companies by 2027, enabling businesses to benefit from a wide range of perspectives and experiences. Diversity makes e.l.f.ing cents. It’s good for business. It’s good for shareholders. It’s better for your bottom line. And now we’ve got the research to back it the e.l.f. up. Huge thanks to all the brains behind the research and our white paper: North Carolina Agricultural and Technical State University, OBERLAND and Day One Agency. Together, we can champion a future where corporate boards reflect the diversity of the communities we serve. Check out the "Not-So-White Paper" on our new website:  https://lnkd.in/e_eShckJ

"When I grow up, I want to be a Managing Director of a LMM private equity fund focused on founder and family businesses!" … said no kid ever. It’s funny, but it’s also true. Careers on the buyside, hold massive potential to drive value at both the macro and micro levels—yet very few young professionals know about them when they start exploring career paths. Why is that? These fields often operate in an exclusive bubble and whether due to lack of exposure or accessibility, the private investment space can seem like an opaque insider's club, known only to a select few. The result? A significant talent gap in representation, especially among women, POC, veterans, and other underrepresented groups. If we want to change this, it starts with awareness. We need to actively demystify these career paths, starting early in education and extending through mentorship and industry engagement. Imagine if more young professionals—regardless of gender, race, or background—saw a path into these fields from the get-go. How different could the landscape look? I’m currently working with a few groups and firms on new initiatives aimed at addressing this very issue. The conversation is growing, but there’s more work to do. It’s not just about increasing diversity—it’s about unlocking new perspectives, creativity, and long-term value creation that can push these industries forward. If you’re passionate about seeing more diverse representation in these spaces, share how you’ve seen the needle move or what’s missing. PS—It took me about 30 years after this picture was taken to know what the words "private equity", "buy-side", or "LBO" would mean. . . .

It was an inspiring day in a packed room at the Illinois State Treasurer’s Diversity in Investments Forum. Thank you for inviting me to speak on behalf of Thirty Percent Coalition, along with fellow panelists Emma Rodriguez-Ayala Cindy Irani Linsey Schoemehl Payne and our fearless moderator Nicola Bunick. Our bottom line - despite pushback, #DEI is important to business and isn’t going away. Congratulations Sarah Hillegass, CFA, CPA Yolanda C. Karen Kerschke Michael Frerichs for all of the work you do.