Monster Worldwide

Monster Worldwide

Monster Worldwide nasdaq|MNST is the parent company for Monster.com; it also owns other well-known websites such as Military.com, Tickle.com and Fastweb.com. The headquarters are located in New York City, New York.

Company Overview

Monster helped create and define the online recruitment industry when it launched in 1995, using the Internet to change the way people look for jobs and the way employers look for people. Today, Monster has approximately 4,600 employees in 35 countries. The company’s mission is bringing people together to advance their lives. Through its well-known brand, industry-leading products and services, and unmatched international reach, Monster strives to further revolutionize the way quality job seekers connect with leading employers across all industries.

History

Chairman and CEO Andrew J. McKelvey founded Telephone Marketing Programs (TMP) in 1967. TMP began focusing on the niche market of U.S. Yellow Pages advertising sales and grew to become the world's largest Yellow Pages agency, a distinction the company's Directional Marketing division still holds today.

Seeking ways to expand its expertise, TMP entered into the recruitment advertising business in 1993 through strategic acquisitions. TMP Advertising & Communications quickly earned its place among the top recruitment advertising firms by offering comprehensive human capital solutions and through its reputation as an early adopter of interactive technology.

In 1995, through the acquisition of Adion, operator of the "Monster Board", TMP Worldwide would acquire the company that would eventually eclipse itself. Eleven years later, in the summer of 2006, Monster Worldwide announced the spin-off of the Advertising & Communications division in North America [ [http://phx.corporate-ir.net/phoenix.zhtml?c=131001&p=irol-newsArticle&ID=901057&highlight= Monster Worldwide Announces Sale of TMP Worldwide Advertising & Communications Business in North America 08-31-2006] ] . The new company would be formally known as TMP Worldwide Advertising & Communications (TMPW).

ubsidiaries

* Monster.com
* Military.com
* Tickle.com
* Affinity Labs
* Fastweb.com

References


Wikimedia Foundation. 2010.

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