Hispanic Corporate Elite for 2007 Featured in Hispanic Business Magazine’s January/February Issue

Hispanic Corporate Elite for 2007 Featured in Hispanic Business Magazine’s January/February Issue


Santa Barbara, CA–(HISPANIC PR WIRE)–January 31, 2007–In the January/February issue, Hispanic Business magazine reveals the 2007 directories of the nation’s Corporate and Boardroom Elite. The issue also features Enrique Tessada, founder and CEO of Tessada & Associates and winner of the 2006 Hispanic Business magazine EOY(R) Award, as well as the 2007 Annual Economic Forecast.

Kings of the Mountain: Five Hispanics sit atop corporate landscape:

Hispanic Business celebrates its annual listing of the nation’s Corporate Elite by looking at the winners in the ultimate reality series, The Battle for the Corner Office. This year there are five Hispanics who helm Fortune 500 companies or the dominant arm of a Fortune 500 company. These officers may differ in age, sector, background, and country of origin, but they have several traits in common. In general, they are aware of the disconnect between Corporate America’s desire to diversify and the demographic and educational issues in the Hispanic community that slow advancement.

Boardroom Elite:

Although the Hispanic population grows steadily larger, both in absolute terms and as a proportion of the American population, Hispanic representation in the boardrooms at the nation’s biggest companies is not keeping pace, according to a survey by HispanTelligence. This January/February Hispanic Business magazine has compiled its annual Boardroom Elite, a listing of Hispanics serving as directors of companies appearing in the Fortune 500.

Making Luck:

A lifetime of calculated risks has paid off handsomely for Enrique Tessada in a feature look at Hispanic Business’s EoY winner from 2006, we tell the story of Enrique Tessada, president of Virginia-based Tessada & Associates. He exemplifies the attitude of the naval aviator he once was, taking calculated risks for big gains that have paid off handsomely in his rapidly growing technical services company. By 2006, Tessada & Associates ranked 99th on the Hispanic Business 500(R), with revenues of $70 million. His goal is $100 million by 2008.

2007 Economic Forecast:

Falling Dollar, Stable Rates Don’t Raise Hopes: predicts years of mounting deficits are constraining any concerted effort to stave off a slowdown in the U.S. economy, a situation that is likely to impact businesses seeking capital for growth.

About Hispanic Business Inc.

Now celebrating over a quarter century as an award-winning publishing and information services company, Hispanic Business Inc. is the nation’s leading source of information for and about Hispanic professionals and entrepreneurs. Hispanic Business magazine is the company’s flagship publication. Other products include http://www.HispanicBusiness.com, http://www.HireDiversity.com, HispanTelligence(R), and Hispanic Business Events including the EOY Awards Gala and the WOY (Woman of the Year Awards).

Hispanic Corporate Elite for 2007 Featured in Hispanic Business Magazine’s January/February Issue