President of Colorado State University Joins National Society of Hispanic MBAs Board...

President of Colorado State University Joins National Society of Hispanic MBAs Board of Directors

NSHMBA changes board structure to enhance diversity of skill and thought to the governance level


DALLAS, July 24 /PRNewswire/ — The National Society of Hispanic MBAs (NSHMBA) is pleased to announce the addition of Dr. Larry Edward Penley, president of Colorado State University to the 2008 National Board of Directors. NSHMBA named Dr. Penley to the board as a result of a change in the board structure to diversify the background and expertise of the board. President Penley serves on numerous boards, both economic and higher education related and his expertise with public research institutions aligns well with the goals of NSHMBA. Before joining Colorado State University, Penley served for many years as a professor of management and dean of the W.P. Carey School of Business at Arizona State University. Dr. Larry Edward Penley became the 13th president of Colorado State University and Chancellor of the CSU System on August 1, 2003.

Dr. Penley’s lifelong commitment to higher education took root at Wake Forest University, where he earned a Bachelor’s in Psychology and a Master’s in Communication and his doctorate in management at the University of Georgia. Following graduate school, he joined the faculty of the University of Texas at San Antonio. Reflecting his strong commitment to international education and understanding, he also has taught at the Instituto Tecnologico y de Estudios Superiores de Monterrey in Mexico and the Universidad de Carabobo in Venezuela.

“Dr. Penley is an excellent addition to our board and will serve the entire NSHMBA organization well. By including different areas of expertise to our board structure, we continue to lift our organization to higher levels and to further our impact on our nation,” stated Lourdes Hassler, NSHMBA CEO.

Under the new NSHMBA Board structure, potential board members will undergo selection through a nomination process. The NSHMBA Nominations Committee will review candidates and submit for approval by the national board and chapter presidents. This new process will provide NSHMBA the opportunity to enhance the expertise and leadership of the board with like-minded national leaders from diverse backgrounds.

When asked about the new board structure, Hassler stated, “NSHMBA continues to benefit immeasurably from the commitment and expertise of our board and this enhancement.”


The National Society of Hispanic MBAs (NSHMBA) was created in 1988 as a 501(C)(3) non-profit organization. Widely known as the “Premier Hispanic Organization,” NSHMBA serves 32 chapters and 7,000 members in the U.S. and Puerto Rico. It exists to foster Hispanic leadership through graduate management education and professional development. NSHMBA works to prepare Hispanics for leadership positions throughout the U.S. so that they can provide the cultural awareness and sensitivity vital in the management of the nation’s diverse workforce.

President of Colorado State University Joins National Society of Hispanic MBAs Board of Directors