Leader of Latino Business Group Steps Down Amid Sexual Harassment Claims
- 6 years ago
Leader of Latino Business Group Steps Down Amid Sexual Harassment Claims
Palomarez and the board of directors have mutually agreed to undergo a leadership transition for the organization effective immediately.”
The board made no mention of the allegations that have enveloped its chief executive, saying only
that it was committed to “dignity, respect, and a careful stewardship of its financial resources.” The departure follows the board’s announcement on Friday that it had hired an outside law firm to investigate “various allegations,” but did not offer details or specify who was the subject of the claims.
Mr. Palomarez, who has run the organization for close to a decade, was accused by a longtime board member last fall of paying himself hundreds of thousands
of dollars more than he was entitled to under his contract, according to minutes from the board’s charitable foundation and a Texas court filing
Late Monday, directors of the United States Hispanic Chamber of Commerce announced
that the group’s president and chief executive, Javier Palomarez, would step aside.
Palomarez and the board of directors have mutually agreed to undergo a leadership transition for the organization effective immediately.”
The board made no mention of the allegations that have enveloped its chief executive, saying only
that it was committed to “dignity, respect, and a careful stewardship of its financial resources.” The departure follows the board’s announcement on Friday that it had hired an outside law firm to investigate “various allegations,” but did not offer details or specify who was the subject of the claims.
Mr. Palomarez, who has run the organization for close to a decade, was accused by a longtime board member last fall of paying himself hundreds of thousands
of dollars more than he was entitled to under his contract, according to minutes from the board’s charitable foundation and a Texas court filing
Late Monday, directors of the United States Hispanic Chamber of Commerce announced
that the group’s president and chief executive, Javier Palomarez, would step aside.