Marcelino Garcia, Chairman of Finance, honored as Notable Latino Leader by Crain’s Chicago Business

News & Events | November 19th, 2024

From architecture and the arts to tech and transportation, Chairman of Finance Marcelino Garcia is a leader making his mark and has been honored as a Notable Latino Leader by Crain’s Chicago Business.

Scope of work:  As an MWRD commissioner, Garcia helps direct a $1.4 billion budget for flood protection and wastewater treatment for 5.19 million residents. Under his leadership as finance chairman, MWRD maintains a AAA bond rating from Fitch Ratings and an AA+ bond rating from S&P Global Ratings.

Biggest professional win: He co-chaired the planning effort for MWRD’s 2021-25 Strategic Plan, the most inclusive in its history. He helped shape initiatives like flood mitigation projects, investment in First Women’s Bank, and ensuring 75% of investments are managed by minority-, women- or veteran-owned businesses.

Other contributions:  Garcia’s public service includes pro bono legal work and chairing the Bogota Committee of Chicago Sister Cities.

CRAIN’s METHODOLOGY:

To qualify for the list, nominees must serve in a senior leadership role at their company or organization; have at least 10 years of experience in their field; and demonstrate significant accomplishments within their industry, professional organizations, and civic and community groups. They must live and work in the Chicago area.