Company Overview of Management Recruiters International, Inc.
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
Philadelphia, PA 19103
Founded in 1965
Key Executives for Management Recruiters International, Inc.
Chief Financial Officer and Vice President
Vice President of Operations
Vice President and Senior Legal Counsel
Director of Technology Operations
Compensation as of Fiscal Year 2015.
Management Recruiters International, Inc. Key Developments
MRINetwork Announces Opening First Office in Canada
Sep 22 15
MRINetwork announced that it is opening its first office in Canada. The company owned office will initially focus on the finance and accounting industries. MRINetwork plans to grow its presence in the Canadian executive search and recruitment market, with expansion into the consumer goods, energy, technology and pharmaceutical markets to follow. Mark Cosens, a 30year veteran in Canadian business development and recruitment, has been appointed as general manager.
Management Recruiters International, Inc. Reports Unaudited Earnings Results for the First Quarter of 2015
May 5 15
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
Oct 28 14
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.
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