FOR IMMEDIATE RELEASE
July 9, 2019
WASHINGTON — The Congressional Black Caucus Foundation, Inc. (CBCF) announced today David A. Hinson, a business executive with nearly three decades of experience in the public and private sectors, will lead the organization as its new president and chief executive officer. Hinson’s selection came after an extensive national search.
Throughout his career, he has championed diversity and inclusion for minorities internationally. Most recently, he served as an executive at the U.S. Chamber of Commerce where he helped develop their new Institute for Diversity and Emerging Businesses; and president of Brookland Capital Partners, LLC, providing strategic management and consultation for organizational development and enhancements to nonprofits, and small and middle market companies.
“I am excited to welcome Mr. Hinson as the new president and CEO of CBCF,” said Congressman Cedric Richmond, chair, CBCF Board of Directors. “His understanding and strength in positioning organizations on a global scale will build upon the CBCF’s storied history and legacy. We look forward to his thoughtful leadership on issues that affect black and brown people as a whole, and this organization’s ever-increasing role in the lives of the global black community.”
Appointed by President Barack Obama, Hinson led the U.S. Department of Commerce’s Minority Business Development Agency where he raised $19 billion in capital and contracts for minority-owned firms. During his tenure, he successfully restructured the agency and helped it achieve the five highest performing years in the organization’s then 45-year history.
As CBCF president and CEO, among many responsibilities, Hinson will spearhead a new strategic planning process to facilitate the organization’s evolution. During the process, he will create and articulate comprehensive goals that align with the organization’s strategic purpose and mission. He will also work to expand CBCF’s global footprint and existing programming.
Hinson earned an MBA in Finance from the Wharton School of the University of Pennsylvania, and a bachelor’s in business administration from Howard University. In addition, he completed an executive education at Dartmouth College’s Tuck School of Business; a fellowship in international finance at Stockholm School of Economics in Sweden; and earned a Certificate of Proficiency in Essential French from the Université Félix Houphouët-Boigny in Côte d’Ivoire. Hinson hails from St. Louis, Missouri and currently resides in Washington, DC.
About the CBCF
Established in 1976, the Congressional Black Caucus Foundation, Inc. (CBCF) is a non-partisan, nonprofit, public policy, research and educational institute committed to advancing the global black community by developing leaders, informing policy and educating the public. For more information, visit cbcfinc.org.
# # #