Havas Group reports that African Americans comprise 2.67% of the executive- and director-level management ranks for its U.S. operations, according to MediaPost. The Paris-based holding company has offices in Maryland and Virginia.
The figure, continues the post, is in line with ratios of other holding companies. In June, for example,”Interpublic released data showing that African Americans comprise 2.6% of its senior and executive level managers, which it said was just slightly ahead of an industry sector defined by the Equal Employment Opportunity Commission as “professional, scientific and technical services” which includes advertising firms and other professional services including law firms, management consultants and accounting firms.
“Havas said that the percentage of African Americans making up its senior manager/manager/team leader ranks was 5.1% and that across the entire U.S. operation African Americans accounted for 10.8% of the workforce.
“By comparison, census figures estimate that about 13.4% of the U.S. population was African American in 2016.”
(Of note, states Wikipedia, in 2000, Havas Advertising agreed to acquire Snyder Communications, Inc., in an all-share transaction, where SNC was valued at US$2.1 billion. SNC was a listed communications group controlled by Daniel Snyder, and their activities were mainly outsourced marketing services, such as direct marketing, database marketing, proprietary product sampling, sponsored information display in prime locations, call centers and field sales. The sale provided Snyder with funds he used to acquire the Washington Redskins team and their stadium for $800 million in May 1999, in what was at the time a record price for a US sports franchise.
SNC’s three divisions: Bounty SCA Worldwide, Arnold Communications and Brann Worldwide were respectively merged with Euro RSCG, Campus, and Diversified Agencies. Arnold Communications becomes Havas’ second network, Arnold Worldwide Partners.)