Press Releases

For Immediate Release

Hispanic College Fund Announces Appointment of Joseph A. Petrone as Interim Chief Executive Officer

For immediate release
February 3, 2010

Contact:
Anne Guarnera
(202) 503-1397
aguarnera@hispanicfund.org

HISPANIC COLLEGE FUND ANNOUNCES APPOINTMENT OF JOSEPH A. PETRONE AS INTERIM CHIEF EXECUTIVE OFFICER

Washington, DC (February 3, 2010) - The Hispanic College Fund, Inc. (HCF) announces the appointment of Joseph A. Petrone as interim chief executive officer.  Petrone, a native of Puerto Rico and a Lockheed Martin executive, will lead the organization during a national search for a new chief executive officer.

"We are extremely fortunate to have an executive with Joe's talents, experience and commitment" said Walter Nagel, chairman of the organization's Board of Directors.  

Petrone replaces J. Fernando Barrueta as chief executive officer.  Barrueta presided over HCF during a dynamic period of growth from 2001 until 2010.

"The Board of Directors thanks Fern for the dedication that he has shown this organization for the past nine years. Under his leadership, the Hispanic College Fund expanded from providing college scholarships to conducting symposiums that make college a reality for high school students," said Nagel. "We congratulate Fern on these accomplishments and wish him success in his future endeavors."

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About the Hispanic College Fund

Founded in 1993, the Hispanic College Fund is a non-profit organization based in Washington, D.C., with a mission to develop the next generation of Hispanic professionals. For 17 years, the Hispanic College Fund has provided educational, scholarship, and mentoring programs to students throughout the United States and Puerto Rico, establishing a career pipeline of talented and career-driven Hispanics who are trained in the fields of business, science, technology, engineering, and math.

The Hispanic College Fund has awarded more than $15 million in scholarships and has impacted over 6,400 students through its educational program pipeline. In 2007, HCF was recognized by USA Today as one of the nation's top 25 charities. The organization has twice received Charity Navigator's top four-star rating for fiscal responsibility in non-profit management.

Web site: www.hispanicfund.org