Monster Worldwide

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

Option backdating[edit]

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[edit]

  1. ^ a b c d e "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.