December 18, 2014 11:55 PM ET

Professional Services

Company Overview of Management Recruiters International, Inc.

Company Overview

Management Recruiters International, Inc., doing business as MRINetwork Inc., provides executive search and recruitment services to businesses in the United States. The company offers permanent placement services, such as retained search, contingency search, project search, global search, advertised search and selection; contract staffing services; recruitment process outsourcing services; and ancillary solutions, which include assessment testing, background checks, virtual recruitment, relocation assistance, and salary surveys and evaluation. It also offers franchise opportunities. The company was founded in 1965 and is based in Philadelphia, Pennsylvania with additional offices in the Unit...

1801 Market Street

13th 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: 58
Vice President of Operations
Vice President and Senior Legal Counsel
Executive Vice President
Director of Marketing & Communications
Compensation as of Fiscal Year 2014.

Management Recruiters International, Inc. Key Developments

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.

Management Recruiters International Reports Unaudited Earnings Results for the Second Quarter and Six Months Ended June 30, 2014

Management Recruiters International reported unaudited earnings results for the second quarter and six months ended June 30, 2014. For the quarter, the company’s total revenue was $15,264,000 against $14,653,000 a year ago. Operating profit was $1,752,000 against $2,060,000 a year ago. For the six months, the company’s total revenue was $29,143,000 against $28,974,000 a year ago. Operating profit was $3,012,000 against $3,689,000 a year ago.

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Recent Private Companies Transactions

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