Many colleges and universities are expected to produce more graduates while responding to an increasing level of racial and ethnic diversity among students. While the importance of diversity within executive management leadership teams may be accepted among nonprofit higher education institutions, the connection between diversity among the leadership in higher education and the retention of minority students has not been empirically established. This study, focusing on Texas public colleges and universities, finds that: 1) a diverse executive management team makes a positive difference in minority student retention at community colleges and 4-year universities institutions; and 2) the impact of a diverse executive management team on retention is not limited to race and ethnicity, but instead includes other demographic aspects. (Contains 1 table.)