Monster Worldwide

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Monster Worldwide, Inc.
TypeSubsidiary of Randstad Holding
IndustryAdvertising agency
Founded1967
HeadquartersNew York City, New York, United States
Area served
Worldwide
Key people
Sal Iannuzzi (Chairman, CEO, & President)
RevenueDecrease US$ 914 million (2010)[1]
Decrease US$ -42.02 million (2010)[1]
Decrease US$ -32.36 million (2010)[1]
Total assetsIncrease US$ 1.978 billion (2010)[1]
Total equityIncrease US$ 1.128 billion (2010)[1]
Number of employees
5,850 (2010)
ParentRandstad Holding
Websitewww.corporate.monster.com

Monster Worldwide, Inc. 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] In 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]

In August 2016, Ranstad Holding, a Dutch multinational human resource consulting firm headquartered in Diemen, Netherlands announced acquisition of Monster Worldwide.[2]

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.[3]

References[edit]

  1. ^ a b c d e "Financial Tables". Monster Investor Relations. Retrieved 2009-01-23.
  2. ^ "Randstad to buy US rival Monster for $429 million". Retrieved 9 August 2016.
  3. ^ "Monster Ex-Chief Is Found Guilty". The New York Times. Reuters. May 12, 2009. Retrieved May 13, 2009.

External links[edit]

    • Historical business data for Monster Worldwide, Inc.:
    • SEC filings