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Diversity in executive roles in the medical device industry is trending more toward parity, with women holding 2% more C-suite roles in 2020 compared to last year.
Just 20% of executives at the 100 largest medical device companies in the world are women, and those companies average 19% female composition in the C-suite, according to an analysis of Medical Design & Outsourcing‘s annual Big 100 breakdown of the top revenue-generating medical device companies in the world.
Those numbers are up slightly from 2019, when 18% of executives were women with an average of 15% of women holding leadership roles at each company.
“I think medtech in general is still lagging in whether or not they have committed to real change in I&D (inclusion and diversity). The stats around women in tech are a bit scary, whether in the rates in which they’re joining or the rates in which they leave after they join,” Sally Saba, Medtronic’s chief diversity and inclusion officer, told MDO. “They’re both metrics that really should be understood and analyzed even further, but I think there’s a great opportunity if they were to lean in and start these programs or strategies. The opportunity is still vast and it’s vast on …
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