More Latinos needed in corporate executive positions

8602391270?profile=originalLatinos account for nearly half of all consumer spending growth and are the fastest-growing population group in the country, yet a new report finds that Hispanics are largely missing in action in the corridors of power in corporate America.

The 2015 Corporate Inclusion Report from the Washington-based Hispanic Association on Corporate Responsibility (HACR) finds that just over 7 percent of Latinos held board seats - higher than average in Fortune 500 companies but still considered low, and of those, about two percent were held by Latinas. Overall, four percent of all executive positions were held by Hispanics, with Latina executives comprising one percent, which HACR calls a "worrisome" lack of movement in the executive ranks.

"The data reveals that few companies are tapping into top Latino talent to fill open board positions, which is a trend we would like to see change," the report states. READ MORE AT NBC NEWS

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