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Ricardo Loretta, Executive Director

New Executive Director of Dr. Carreón Foundation Well Suited For Position Executive Director

Ricardo Loretta was raised in a small village in northern Mexico named Dinamita, Durango. His father was sent there by Dupont to manage an explosives factory – hence the name “Dinamita,” which is Dynamite in Spanish. He attended a one room school where there was (in his words), “One teacher and 10 students at its high point, and 2 at the low, my brother Dave and I. We were taught 5 subjects in both English and Spanish: Reading, Writing, Arithmetic, Geography and History. Our primary language was Spanish, as that’s what everyone with whom we had contact spoke, except for our parents and our teacher.”

A graduate of Chapman University (BA Economics), where he met wife Jennifer, and University of Southern California (MBA in International Business), he worked for Ford Motor and Clark Equipment Companies in Michigan, completing his corporate career as CEO of International for Clark. With business in 46 countries, Ricardo travelled the world extensively, and his exposure to multiple cultures instilled an appreciation and love for differences in customs, languages, life styles, and all other aspects concerning diversity in peoples. He and his family lived in Mexico and Brazil and are also fluent in Portuguese.

Ricardo has a lifelong love of education. He was president of school boards in Michigan and Brazil when his three children were young. Later, he continued his participation in the field of education by serving on Advisory Boards at University of California San Diego, USC and Chapman, and is currently on the Executive Committee of the Advisory Board of California State University San Bernardino – Palm Desert Campus.

Ricardo and Jennifer are active Rotarians as members of Palm Desert Rotary, and they both are slated to assume new leadership roles soon. Jennifer will be President of their club in 2017/18, and Ricardo was elected as District Governor for 2018/19.

Assuming the position of Executive Director of the Dr. Carreón Foundation is like a dream come true and represents somewhat of a “return to my roots” for Ricardo. “Assisting Mexican-American youth achieve their dreams of going to college reminds me of where I started and how important it is for young people to be able to get a good education,” he says proudly. Ricardo’s goals are three-fold: Maintain the excellent quality of service the Foundation has delivered in its 25 years of existence, foster broader awareness of the Foundation in the Coachella Valley, and develop a growth plan so that the Foundation is capable of helping more students in the future.