Stephen J. Pemberton named Chief Diversity Officer for Monster; Accomplished Leader Adds Internal Workforce Diversity Initiatives to Existing Business Role
MAYNARD, Mass.--(BUSINESS WIRE)--March 6, 2006--Monster(R), the leading global online careers site and flagship brand of Monster Worldwide, Inc. (NASDAQ: MNST), today announced the appointment of Stephen J. Pemberton as Chief Diversity Officer. The announcement was made today by Bill Pastore, President and Chief Operating Officer of Monster Worldwide.
Mr. Pemberton brings 15 years experience of diversity knowledge and strategic operations to his expanded role. As Chief Diversity Officer, Mr. Pemberton will be tasked with expanding and implementing Monster's diversity workforce initiatives. He will continue to be responsible for driving Monster's Diversity recruiting business, as well as helping companies in their recruitment and retention of a diverse workforce.
"In a relatively short period of time, Steve has driven Monster's diversity recruiting business to its highest levels of performance. We are excited that he will be bringing that same leadership, passion and innovative direction to Monster's internal recruitment and retention initiatives," said Bill Pastore, President and Chief Operating Officer of Monster Worldwide. "Steve's experience with recruitment solutions and insights into diversity issues will be invaluable to our company and its growth."
"Monster's vision in centralizing the Diversity recruiting business and internal diversity workforce initiatives reflects the future progression of the function of the Chief Diversity Officer," said Steve Pemberton, Chief Diversity Officer, Monster. "Clearly, the companies that secure a competitive advantage will be those that assign diversity to their overall growth strategy. Assuming the role of Chief Diversity Officer for Monster, a visionary company that created the online recruiting industry, is truly exciting."
Mr. Pemberton returned to Monster in July 2005 after previously serving in the role of vice president, strategy and development for Monster Campus, where he successfully advanced Monster's student recruitment solutions. Prior to his return, Steve served as co-president and co-founder of Road to College, a national college admission consulting service that provides admission solutions to students and families. During his career, Mr. Pemberton also held the position of vice president, Consumer Products at CollegeLink, a business acquired by Monster Worldwide in 2001. Prior to joining CollegeLink, Mr. Pemberton was employed for ten years at Boston College as the senior assistant director of admissions. During his long tenure with the College, Steve was responsible for the diversification of the student body and served as the chairperson on numerous admission committees responsible for the evaluation of U.S. and international applicants.
Mr. Pemberton has been a frequent presenter at national conferences including the National Association of College Admission Counselors and The College Board. He also served a two-year term as president of the New England Consortium of Black Admission Counselors and was a recipient of the Lifetime Achiever Award by the New England Opportunity Association. Mr. Pemberton received his Bachelor of Arts degree in political science from Boston College.
About Monster Worldwide
Founded in 1967, Monster Worldwide, Inc. is the parent company of Monster(R), the leading global online careers property. The company also owns TMP Worldwide, one of the world's largest Recruitment Advertising agency networks. Headquartered in New York with approximately 4,600 employees in 25 countries, Monster Worldwide (NASDAQ: MNST) is a member of the S&P 500 Index and NASDAQ 100. More information about Monster Worldwide is available at www.monsterworldwide.com.
Monster is the leading global online careers property. A division of Monster Worldwide, Monster works for everyone by connecting quality job seekers at all levels with leading employers across all industries. Founded in 1994 and headquartered in Maynard, Mass., Monster has 26 local language and content sites in 24 countries worldwide. More information is available at www.monster.com or by calling 1-800-MONSTER. To learn more about Monster's industry-leading employer products and services, please visit http://recruiter.monster.com.
Special Note: Safe Harbor Statement Under the Private Securities Litigation Reform Act of 1995: Except for historical information contained herein, the statements made in this release constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Such forward-looking statements involve certain risks and uncertainties, including statements regarding Monster Worldwide, Inc.'s strategic direction, prospects and future results. Certain factors, including factors outside of Monster Worldwide's control, may cause actual results to differ materially from those contained in the forward- looking statements, including economic and other conditions in the markets in which Monster Worldwide operates, risks associated with acquisitions, competition, seasonality and the other risks discussed in Monster Worldwide's Form 10-K and other filings made with the Securities and Exchange Commission, which discussions are incorporated in this release by reference.CONTACT: Monster Worldwide, Inc. Danielle Perry, 978-461-8366 Danielle.Perry@Monster.com or Lauren McDonald, 617-520-7116 ARohr@WeberShandwick.com SOURCE: Monster Worldwide, Inc.