Chrysler Group Expands Commitment to National Society of Hispanic MBAs

More than $100,000 Donated to Support Future Hispanic Business Leaders
Oct 14, 2013 9:00 AM ET
Summary: 
  • Chrysler Group sponsors National Society of Hispanic MBAs' 24th Annual Conference and Career Expo
  • The Chrysler Foundation donates $75,000 to support scholarship program
  • Ram Truck brand donates $35,000 vehicle purchase certificate to support NSHMBA's mission
Press Release

AUBURN HILLS, Mich., Oct. 14, 2013 /3BL Media /PRNewswire/ -- Chrysler Group LLC expanded its commitment to the Hispanic community and the development of future Hispanic business leaders by sponsoring the National Society of Hispanic MBAs' (NSHMBA) 24th Annual Conference and Career Expo October 10-12 at the Henry B. Gonzalez Convention Center in San Antonio.

The Chrysler Group's sponsorship of the annual event provides a unique opportunity for the company to identify, engage and recruit talented Hispanic business leaders of the future.

"An investment in education will provide one of the best returns possible for a corporation or individual," said Reid Bigland, Head of U.S. Sales and President and Chief Executive Officer - Ram Truck Brand, Chrysler Group LLC, who delivered a keynote address at the conference.  "Organizations like NSHMBA are rich sources of talented future business leaders who can help fuel Chrysler Group's continued success."

As part of his keynote address, Bigland announced a pair of donations intended to expand Chrysler Group's commitment to the development of future Hispanic business leaders: 

  • The Ram Truck brand donated a certificate (valued at $35,000) good towards the purchase of a new Ram truck. NSHMBA conducted a raffle for the certificate with proceeds directed to the organization's general fund and mission.
  • The Chrysler Foundation awarded NSHMBA a $75,000 grant to fund scholarships for students with Hispanic heritage whom are pursuing a MBA or MBA-equivalent degree at accredited institutions.

"Driving change in our communities by supporting educational programs that inspire future leaders is a key focus of The Chrysler Foundation," said Jody Trapasso, Senior vice President, External Affairs – Chrysler Group LLC and President – The Chrysler Foundation. "We are proud to partner with NSHMBA to help expand educational opportunities in the Hispanic community."

Since 1986, The Chrysler Foundation has awarded nearly $850,000 in scholarships to Hispanic students. 

About The Chrysler Foundation

The Chrysler Foundation, the charitable arm of Chrysler Group LLC, has established a proud legacy of empowering people and investing in local communities. The Chrysler Foundation focuses its support on four key areas: Education: K-12 and post-secondary education initiatives that encourage the study and pursuit of careers in business, design, science, technology, engineering, mathematics or supply-chain management; Military: support for the nation's service members and their families in need; Multicultural / Diversity: initiatives that promote inclusion and advancement opportunities for diverse populations; and Youth Development: organizations and programs that provide mentoring and related assistance to aid youth in the transition to adulthood. 

Since its inception in 1953, The Chrysler Foundation has awarded more than $500 million in charitable grants.  

About Chrysler Group LLC

Chrysler Group LLC, formed in 2009 to establish a global strategic alliance with Fiat S.p.A., produces Chrysler, Jeep, Dodge, Ram, Mopar, SRT and Fiat vehicles and products. With the resources, technology and worldwide distribution network required to compete on a global scale, the alliance builds on Chrysler Group's culture of innovation, first established by Walter P. Chrysler in 1925, and Fiat's complementary technology that dates back to its founding in 1899.

Headquartered in Auburn Hills, Mich., Chrysler Group's product lineup features some of the world's most recognizable vehicles, including the Chrysler 300 and Town & Country, Jeep Wrangler, all-new Dodge Dart, Ram 1500, Jeep Grand Cherokee SRT8 and Fiat 500. Fiat contributes world-class technology, platforms and powertrains for small- and medium-size cars, allowing Chrysler Group to offer an expanded product line including environmentally friendly vehicles.

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