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. The family moved to Texas in 1990 following Hernan Vaca's death. Vaca credits her mother's example as being a major influence on herself. Vaca began college at Texas State University shortly after relocating to Texas and graduated in 1994 with a Bachelor of Arts in speech communications and a minor in business administration. She later completed executive education programs at Harvard Business School – Corporate Governance Executive Program, Tuck School of Business, and Kellogg School of Management at Northwestern. Vaca was named a Distinguished Alumna of Texas State University in 2012, and was the youngest alumna in university history to be honored with this award. Vaca also holds honorary doctorates from Northwood University, Mount Mary University, and Berkeley College.
Career
Early work
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.
Pinnacle Group
In 1996, Vaca founded Pinnacle Group. 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.
appointed Vaca as a Presidential Ambassador for Global Entrepreneurship in 2014., an advisory group tasked with growing American entrepreneurship. In this capacity, Vaca traveled with Secretary of StatePenny Pritzker to Ghana in May 2014 to promote entrepreneurship globally. Vaca served as chairman of the United States Hispanic Chamber of Commerce from 2010 to 2012.
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.
Appearances
As a PAGE Ambassador, Vaca spoke at the 2016 Global Entrepreneurship Summit. She also participated as a panelist at the Women's Business Enterprise National Council's Conference and Business Fair, which Pinnacle co-chaired. Vaca was invited to speak at the Milken Institute's 2016 Global Conference, and at the Inc. Magazine 5000 Conference in 2016, 2017, 2018.