About CDI Corporation - CDI Corp
CDI Corporation www.cdicorp.com is an American Corporation based in Philadelphia. They have revenues in excess of $1 billion Dollars and are a public company trading on the New York Stock Exchange (NYSE: CDI). They provide 'professional services' to Fortune 1000 clients. In addition they offer business solutions through their subsidiaries.
CDI Corporation's Subsidiaries include:
Management Recruitment International, commonly referred to as 'MRI Network' or 'MRINetwork' www.mrinetwork.com
CDI AndersElite www.anderselite.com
Todays Staffing (Sold to Spherion Corporation on 20th September 2007)
The main discussion within this web site is focused on both CDI Corporation and Management Recruitment International (MRINetwork - MRI Network). CDI Corporation own Management Recruiters International (MRI Network). MRINetwork is a very important part of the CDI Corp as it makes a significant contribution to their yearly profit.
For example in 2005
CDI Corp business solutions' revenue was $737.8m and produced an operating profit of $14.7m
Anders Elite's revenue was $184.4m and produced an operating profit of $6.1m
Todays Staffing's revenue $149.1m and produced an operating profit of $3.5m
Management Recruitment International's (MRI Network - MRINetwork) revenue was $62.3m and produced an operating profit of $14.1m
Source: CDICorp.com
2005 CDI Corporations (CDI Corp) and its subsidiaries produced a gross revenue just over 1.1 billion Dollars and produced a collective operating profit of $38.4m. Management Recruiters International (MRINetwork - MRI Network) produced almost 37% of that total group profit. So it is easy to see the importance of Management Recruiters International to CDI Corporation's bottom line and profitability.
CDI Corporation own Management Recruiters International (MRINetwork MRI Network). Whilst CDI Corp have owned the USA part of Management Recruiters International for many years, they expanded internationally by acquisition. In April 1999 CDI Corporation purchased The Humana International Group and renamed it to Management Recruiters International MRI shortly afterwards. They also integrated it into their USA operations and it appears to the outside world as one single entity. In fact their literature that they produce shows that Management Recruiters International (MRINetwork) operates from 1,100 offices in over 35 countries. This international expansion was built on the purchase of the Humana International Group.
Roger H Ballou is the Chief Executive Officer of CDI Corporation and has been since October 2001. He had personal knowledge and involvement in some of the issues relation to the events discussed in this web site. Some of these issues are discussed at top level in Roger H Ballou's Response. More detail is covered in the following: