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Fact Sheet: Work Force Diversity

June 15, 2004

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News release: PNM Again Named Best Company in Nation for Hispanics

At PNM, we value the diversity of our work force and seek opportunities for incorporating diversity within our company. A diverse work force enriches our environment and assists our company in meeting the needs of our employees, customers and shareholders.

PNM uses employee organizations, such as LLAVE, which represents Hispanics, and the Women's Professional Organization, to help recruit and retain employees and prepare them for leadership roles in our company.

  • PNM employs about 2,600 New Mexicans in communities throughout the state. New Mexico's diversity is reflected in PNM's work force.
  • Hispanics make up more than 40 percent of PNM's work force, with minorities comprising more than 48 percent of the work force.
  • Half of all new employees hired in 2003 were minorities.
  • Four Hispanics and four women serve as officers of PNM.
  • Minorities comprise almost 35 percent of PNM's managers.
  • Three Hispanics and three women serve on PNM's 10-person Board of Directors.


National recognition

  • In 2004, PNM was recognized by Fortune magazine as one of the top 10 employers in the nation for minorities — for the sixth year in a row.
  • For six consecutive years, PNM was honored as the best company in America for Hispanics by Fortune.
  • In 2004, the Minority Corporate Counsel Association recognized PNM with its Employer of Choice Award for its efforts to promote diversity in the legal profession. The award is designed to spotlight industry leaders who have a commitment to and succeed at creating and maintaining an inclusive corporate legal department.
  • In 2000, PNM was one of six companies nationwide that earned the highest ranking from the Hispanic Association on Corporate Responsibility.


PNM Hispanic officers

  • Patrick Ortiz, senior vice president, General Counsel and Secretary
  • Eddie Padilla, senior vice president of Customer and Delivery Services
  • Ernie C'deBaca, vice president of Governmental Affairs
  • Sarita Parra Loehr, vice president of Operations and Engineering


PNM female officers

  • Alice Cobb, senior vice president of People Services and Development
  • Sarita Parra Loehr, vice president of Operations and Engineering
  • Cindy McGill, vice president of Customer and Market Services
  • Joanne Reuter, vice president of Regulatory Policy