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August 27, 2015 6:42 PM ET

Professional Services

Company Overview of Management Recruiters International, Inc.

Company Overview

Management Recruiters International, Inc., doing business as MRINetwork Inc., offers executive search and recruitment services. It offers permanent recruitment and contract staffing solutions. It also offers recruitment process outsourcing and ancillary solutions; and franchise opportunities. The company was founded in 1965 and is based in Philadelphia, Pennsylvania with offices in the United States and internationally. Management Recruiters International, Inc. operates as a subsidiary of CDI Corporation.

1717 Arch Street

35th Floor

Philadelphia, PA 19103

United States

Founded in 1965

Phone:

215-282-8420

Fax:

215-751-1757

Key Executives for Management Recruiters International, Inc.

President
Age: 59
Vice President of Operations
Vice President and Senior Legal Counsel
Director of Technology Operations
Director of Marketing & Communications
Compensation as of Fiscal Year 2015.

Management Recruiters International, Inc. Key Developments

Management Recruiters International, Inc. Reports Unaudited Earnings Results for the First Quarter of 2015

Management Recruiters International, Inc. reported unaudited earnings results for the first quarter of 2015. The company reported revenue of $13.5 million, a decrease of 2.7% compared to the prior-year first quarter, as an increase in royalty and franchise fee revenue was offset by a decrease in contract staffing revenue. The company's first quarter 2015 operating profit was $1.5 million compared to $1.3 million in the prior-year first quarter.

Management Recruiters International, Inc. Reports Unaudited Earnings Results for the Third Quarter and Nine Months Ended September 30, 2014

Management Recruiters International, Inc. reported unaudited earnings results for the third quarter and nine months ended September 30, 2014. For the third quarter, revenue increased 3.5% to $14.92 million compared to $14.42 the prior-year third quarter driven by an increase in contract staffing revenue partially offset by a decline in royalty and franchise fee revenue. MRI's operating profit was $1.7 million compared to $2.0 million in the prior-year quarter, a decrease of 13.4%. For the nine months, revenue was $44.06 million compared to $43.4 million for the same period of last year. Operating profit was $4.7 million compared to $5.7 million for the same period of last year.

MRI Network Appoints John McDonald as President

MRI Network announced that John McDonald has been appointed as president. McDonald joins MRI Network as a seasoned executive with extensive leadership experience in sales, recruitment and franchising. Prior to joining MRI Network, McDonald served as president and chief operating officer of Service Brands International, a franchise system with a broad portfolio of home services brands including, Molly Maid, Mr. Handyman, and ProTect Painters. In addition to leadership roles with other companies in the MRO (maintenance, repair, operations), distribution and printing industries, McDonald also worked in the recruitment industry as vice president of North American sales for Manpower Group.

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