Few minorities at top vendors

Women less rare

      There are very few people of color--and not many women either--in senior positions at the largest federal contracting companies, according to a new study by Washington Technology.

      The newspaper annually compiles a list of the Top 100 federal contractors. From that list, and based on additional research on websites and LinkedIn, it identified individuals in 680 senior positions, and categorized their ethnicities and genders, at the Top 100 companies.

      The study identified three Black CEOs, all founders of their companies:

• Dave Steward, founder and chair of World Wide Technologies (No. 50);
• Rene LaVigne, founder and CEO of Iron Bow Technologies (No. 60); and
• Charles Adams, founder and CEO of Adams Communications & Engineering (No. 97).

      Washington Technology identified 38 Black senior executives at the 100 companies, which is 0.56% of the senior positions at the companies. The study also identified 41 executives of both genders of Asian, Hispanic or other ethnic groups, which was 0.6%. In total there were 79 executives of color, or 1.16%.

      Some companies had no minority executives. "There are 48 companies on the Top 100 where we could not identify a single minority senior executive. Not one," wrote Nick Wakeman, editor-in-chief of WashTech. He says several companies have acknowledged the need for more diversity and are working on it.

      Women fared better, but still were underrepresented based on their percentage of the population.

      Of the 98 CEOs at the Top 100 firms, 86% are male and 14% are female. Of the 678 total executives, 77% are male and 23% are female.

More information:
Washington Technology study: https://bit.ly/3hsJgNC

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