Hector V. Barreto
Hector V. Barreto was unanimously elected Chairman of The Latino Coalition in August, 2007 after serving five years as the Administrator of the U.S. Small Business Administration.
His appointment to head the SBA by President George W. Bush was unanimously approved by the United States Senate on July 25, 2001.
During his five years at the helm, the SBA exceeded all previous records in small business loans, women and minority owned business support, disaster relief and private-public sector procurement opportunities.
Barreto directed the delivery of financial and business development programs to America’s entrepreneurs from a portfolio of direct, guaranteed and disaster loans worth more than $45 billion.
SBA is the nation’s largest single financial backer of small business.
He has assumed the leadership of the Latino Coalition at a time when Hispanic issues and policies are among the highest concerns in government and throughout the business world as well as among individual Americans.
Mr. Barreto has a long history in the corporate sector and the small business community in support of a wide range of Hispanic and general small business activities.
In his new position, he will be representing Latino interests with senior executives of a great many Fortune 500 companies and government agencies both federal and local.
The Coalition has as¬sumed a significant bi-partisan political posture and will endorse policies and candidates consistent with the interests of the Latino constituency.
Aside from his Hispanic activities, he remains in great demand as a speaker, panelist, advisor or commentator on issues of concern to small business interests and those major corporations and government agencies that impact growing companies on a daily basis.
As a young man, he helped his father manage a family restaurant, an export/import business and construction company.
After receiving his Bachelor's degree in Business Administration from Rockhurst University in Kansas City, Missouri, he worked for the Miller Brewing Company as the South Texas Area Manager.
In 1986, he moved to California and founded Barreto Insurance and Financial Services, responding to the needs for Southern California’s rapidly growing population.
He later became a securities broker/dealer specializing in retirement plans.
Mr. Barreto is past chairman of the board for the Latin Business Association in Los Angeles.
During his term, he increased membership by 50 percent, doubled revenues and increased procurement opportunities for the membership.
He also founded a small business institute/incubator, which provides technical assistance, education and development opportunities to small businesses.
Prior to becoming SBA Administrator, Mr. Barreto served as vice chairman of the board for the U.S. Hispanic Chamber of Commerce.
He is a frequent speaker and consultant to leading Hispanic and general small business groups throughout the country.
Mr. Barreto has received special recognition from countless groups including the U.S. Congress, the California State Senate and Assembly, the County of Los Angeles, YMCA and American Red Cross.
He is frequently identified in key publications as one the most influential Hispanic business leaders in the country.
Mr. Barreto is a native of Kansas City, Missouri.
He and his wife Robin have a son and two daughters.