Nina Vaca is an Ecuadorian-born American entrepreneur. She is the chairperson and CEO of Pinnacle Group, a large provider of information technology and workforce solutions in US and Canada with around 5000 employees, which was named among the Fastest-Growing Women-Owned Business in the United States by the Women Presidents' Organization in 2018.[1] The story of Nina Vaca and Pinnacle Group opens the Entrepreneur chapter of the McGraw-Hill textbook, "Understanding Business".[2] Vaca was named one of the top 100 CEO’s in STEM publication by STEM connector.[3]
Early life and education
Vaca was born in Quito, Ecuador and is the third child of parents Amanda and Hernan Vaca' s five children. The family spent the majority of Vaca' s childhood living in Los Angeles, California where her parents owned several small businesses.[4] The family moved to Texas in 1994 following Hernan Vaca' s death. Vaca credits her mother's example as being a major influence on herself.[5]
Vaca began working at a young age in her family's businesses. Following her father's death, she and her sister, Jessica, ran his travel agency. After college graduation, Vaca moved to New York City to begin work in the IT industry and then relocated to Dallas, Texas to work at Computer Development Services, Inc.[7]
Pinnacle Group
In 1996, Vaca founded Pinnacle Group.[8] The staffing business became one of the fastest growing businesses owned by a woman with a gross revenue of around $1 billion in the 2010s.[1]
Corporate boards
Vaca is a director of Comerica Inc. (2008–present) and Cinemark Holdings (2014–present),[9] and was a director at Kohl's Corporation (2010–2019),[10][11]
Civic leadership and philanthropy
Barack Obama appointed Vaca as a Presidential Ambassador for Global Entrepreneurship (PAGE) in 2014,[12] an advisory group tasked with growing American entrepreneurship. In this capacity, Vaca traveled with Secretary of State Penny Pritzker to Ghana in May 2014 to promote entrepreneurship globally.[13] Vaca served as chairman of the United States Hispanic Chamber of Commerce from 2010 to 2012.[14] and she is part of the 2016 Class of Henry Crown Fellows.[15]
Personal life
In July 2018, Vaca was sued in a lawsuit filed by Javier Palomarez, former president of the United States Hispanic Chamber of Commerce. Palomarez claims Vaca orchestrated a campaign to destroy his reputation because he ended an alleged affair between the two. Vaca has denied the charges and filed a motion to have the case dismissed.[16]
She is a mother of four children and competes in triathlon also for charity[17]
Appearances
As a PAGE Ambassador, Vaca spoke at the 2016 Global Entrepreneurship Summit.[18][19] She also participated as a panelist at the Women's Business Enterprise National Council's Conference and Business Fair, which Pinnacle co-chaired.[20]