Maximus President, CEO Bruce Caswell Named to 2022 Wash100 for Driving Growth Strategy in Clinical Assessment and Digital Transformation Markets
Bruce Caswell, president and CEO of Maximus, has been named a recipient of Wash100 Award for 2022, the fourth consecutive year he appears on Executive Mosaic’s annual list of leaders who shape the government contracting landscape from all public and private sector angles.
Executive Mosaic CEO Jim Garrettson noted Caswell’s selection to the Wash100 last year as a recognition of his commitment to assisting public sector customers amid the pandemic and growing the pipeline of new revenue opportunities for Maximus. Cast a vote for Caswell as your favorite influential GovCon figure on Wash100.com.
Maximus, which runs its fiscal year on an October-September basis, saw its fiscal 2021 revenue climb 22.9 percent to $4.25 billion and posted $1.89 billion in federal segment sales, up 15.9 percent from 2020 figures. The company attributed the growth primarily to its work with government agencies responding to the COVID-19 pandemic and revenue contributions from its acquisitions of Attain’s federal division and Veterans Evaluation Services.
The Reston, Virginia-based contractor completed its $430 million Attain Federal deal on March 1, 2021, and closed the $1.4 billion VES purchase on May 28. The two transactions, which accounted for approximately $322.7 million of the company’s full-year revenue, aimed to expand its digital expertise and clinical assessment services portfolio.
“The integration of the acquisitions evolves our strategy and matures our portfolio while remaining true to our core business as a program administrator dedicated to helping government serve the people,” Caswell said in an earnings statement.
In April, three-decade government contracting veteran and first-time Wash100 inductee Teresa Weipert succeeded Tom Romeo as general manager and president of the Maximus Federal organization. Romeo, a three-time Wash100 Award recipient, worked at the company for 11 years and was credited for growing the segment into a $1.6 billion business in 2020.
Maximus Federal secured a potential $951 million sole-source contract in May to support a national contact center and publication system for the Centers for Disease Control and Prevention’s COVID-19 vaccination efforts and received a pair of task orders worth $151 million combined in July to provide systems support and cloud migration services to the Internal Revenue Service.
The company will also expand the scope of its support services for the Securities and Exchange Commission’s Electronic Data Gathering, Analysis, and Retrieval system under a 10-year, $323 million contract announced in October.
Forbes included Maximus in the business magazine’s List of America’s Best Employers for Diversity, which was based on an independent survey of more than 50,000 U.S. employees at companies with a minimum workforce size of 1,000.
Caswell demonstrated his commitment to promoting equality, diversity and inclusion at Maximus by signing the CEO Action for Diversity & Inclusion and The Valuable 500 commitments.
“These initiatives have always been very important to me personally, and the events of the past year have only increased its importance to our diverse workforce across the country and around the globe,” said the four-time Wash100 inductee.
“As just one example, we called upon our employees across diverse backgrounds to help complete the 2020 Census data collection and help ensure all people were included, as well as our current work with governments in educating the public on COVID-19 vaccine distribution.”
Executive Mosaic congratulates Bruce Caswell and the Maximus organization for their 2022 Wash100 selection.