Monster Worldwide

Monster Worldwide, Inc.
Subsidiary of Randstad Holding
Traded as NYSE: MWW
Industry Advertising agency
Founded 1967
Headquarters New York City, New York, United States
Area served
Worldwide
Key people
Sal Iannuzzi (Chairman, CEO, & President)
Revenue Decrease US$ 914 million (2010)[1]
Decrease US$ -42.02 million (2010)[1]
Decrease US$ -32.36 million (2010)[1]
Total assets Increase US$ 1.978 billion (2010)[1]
Total equity Increase US$ 1.128 billion (2010)[1]
Number of employees
5,850 (2010)
Parent Randstad Holding
Website www.corporate.monster.com

Monster Worldwide, Inc. (NYSE: MWW) is an American provider of employment services, the largest of which is Monster.com. Through online media sites and services, the company delivers targeted audiences to advertisers. During the year ended December 31, 2010, these operating segments represented approximately 46%, 40% and 14% of its consolidated revenue, respectively. On August 24, 2010, Monster completed the acquisition of Yahoo! HotJobs from Yahoo!. On December 31, 2010, the Company completed the acquisition of JobBusan, a business that provides online recruiting in Busan, South Korea.

Option backdating

James J. Treacy, who served as president and CEO of Monster, was charged of conspiring with other officers of the company to systematically backdate option grants over a period from 1997 to 2003. He was found guilty by a jury in May, 2009 in the United States District Court for the Southern District of New York.[2]

References

  1. 1 2 3 4 5 "Financial Tables". Monster Investor Relations. Retrieved 2009-01-23.
  2. "Monster Ex-Chief Is Found Guilty". The New York Times. Reuters. May 12, 2009. Retrieved May 13, 2009.


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