Medtech industry starts to face lack of diversity, execs of color

On August 15, 2021, MEDTECHDIVE reported- The medical device industry, like so many others, suffers from a lack of representation from minorities in its C-suites. None of the largest medtechs has a CEO of color at the helm, with the executive ranks of these companies predominantly White.

It's a situation that's persisted for decades, but garnered renewed attention in 2021 on the heels of the Black Lives Matter movement and calls for racial justice for Black Americans.

AdvaMed, which represents the biggest U.S. medical device companies, contends its members want to change the composition of its senior ranks and is taking steps to rectify the situation. CEO Scott Whitaker in a recent podcast said the U.S. reached an "inflection point" last year on issues of systemic racism and structural inequality, and that AdvaMed continues to make inclusiveness and diversity a top priority.

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