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Clarified the company introduction, cleaned up the coding for the Infobox, and added a better transition to the divisional breakdown section.
Added history section. Corrected names of reporting divisions to match SEC filings. Added Awards and recognition section. Cleaned up excessive Wikilinking. Removed outdated and COI tags - article is up to date and written from a neutral point of view.
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{{Infobox company
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'''CDI Corporation''' is a multinational company providing engineering, information technology and staffing services to clients in a range of industries including energy, chemical, aerospace, defense, transportation and financial services. The company employs approximately 10,000 people and is headquartered in Philadelphia.
'''CDI Corporation''' is a multinational company providing engineering, information technology and staffing services to clients in a range of industries including energy, chemical, aerospace, defense, transportation and financial services. The company employs approximately 10,000 people and is headquartered in Philadelphia.

==History==
CDI Corporation was founded in Philadelphia in 1950 as Comprehensive Designers, Inc. The company provided temporary technical services to manufacturing industries. Early successes included servicing the growing automotive and defense industries.<ref>{{cite web|url=http://www.fundinguniverse.com/company-histories/cdi-corporation-history/ |title=CDI Corporation History|publisher=fundinguniverse.com|accessdate=2013-11-27}}</ref> In 1956, Walter R. Garrison, an engineer with Boeing, joined the company as its Chief Engineer. In 1961, Garrison and two colleagues bought the company.

In 1972, the company diversified into the field of job placement by buying Management Recruiters International, a firm that focused on providing permanent management talent for clients.<ref>{{cite web|url=https://mrinetwork.com/company/history/ |title=MRINetwork Recruiting Pioneers|publisher=mrinetwork.com|accessdate=2013-11-27}}</ref>

In 1973, Comprehensive Designers, Inc. changed their name to CDI Corporation.<ref>{{cite web|url=http://www.fundinguniverse.com/company-histories/cdi-corporation-history/ |title=CDI Corporation History|publisher=fundinguniverse.com|accessdate=2013-11-27}}</ref>

In 1982, the company began further diversification into temporary staffing services of clerical and unskilled workers, adding offices nationwide under the name Today's Staffing.

By the end of 1994, the company reported over $1B in revenue in the three core areas of technical services, temporary services and Management Recruiters, with approximately 3,000 customers.<ref>{{cite web|url=http://investor.shareholder.com/CDI/secfiling.cfm?filingID=18396-95-4&CIK=18396 |title=10-K Annual Report|publisher=investor.shareholder.com||date=1995-03-02|accessdate=2013-11-27}}</ref>

In March 1997, the company elected Mitch Wienick to the position of CEO and President, to
replace the retiring Walter Garrison. Garrison remained on the company's board of directors.<ref>{{cite web|url=http://investor.shareholder.com/CDI/secfiling.cfm?filingID=18396-97-10&CIK=18396|title=Form 10-Q Quarterly Report|publisher=investor.shareholder.com|date=1997-08-08|accessdate=2013-11-27}}</ref> In 1999, CDI purchased executive headhunting firm Humana International, further expanding its mid-level management search and recruitment services through the addition of Humana's 136 franchised offices in Europe and Asia.<ref>{{cite web|url=http://www.bizjournals.com/philadelphia/stories/1999/04/12/daily2.html|title=CDI acquires Humana International|publisher=Philadelphia Business Journal|date=1999-04-04|accessdate=2013-11-27}}</ref>

In 2001, Mitch Wienick announced his retirement and Roger H. Ballou was elected as CDI's new president and CEO.<ref>{{cite web|url=http://www.fundinguniverse.com/company-histories/cdi-corporation-history/ |title=CDI Corporation History|publisher=fundinguniverse.com|accessdate=2013-11-27}}</ref> In 2003, CDI announced the acquisition of AndersElite, a United Kingdom-based provider of building and construction professionals on a permanent and temporary basis.

In 2011, Paulett Eberhart was announced as CDI's new President and CEO, replacing the retiring Roger Ballou.<ref>{{cite web|url=http://www.prnewswire.com/news-releases/paulett-eberhart-named-president-ceo-and-director-of-cdi-corp-roger-ballou-to-retire-company-updates-financial-guidance-for-fourth-quarter-2010-113228249.html|title=Paulett Eberhart Named President, CEO and Director of CDI Corp|publisher=PR Newswire|date=2011-01-10|accessdate=2013-11-27}}</ref> In December 2011, the company announced a major internal reorganization to streamline their business units and better serve different geographic areas. The company formed three divisions: Global Engineering and Technology Solutions ("GETS"), Professional Services Staffing ("PSS") and Management Recruiters, Inc. Operations were also divided into three geographic segments: Americas, Asia Pacific ("APAC"), and Europe, Middle East & Africa (EMEA").<ref>{{cite web|url=http://yahoo.brand.edgar-online.com/displayfilinginfo.aspx?FilingID=8464638-13282-32001&type=sect&TabIndex=2&companyid=5570&ppu=%252fdefault.aspx%253fcik%253d18396|title=CDI Corporation 10-K|publisher=edgar-online.com|date=2012-03-06|accessdate=2013-11-27}}</ref>


==Divisions==
==Divisions==
The company operates through three reporting segments: Engineering Services, Management Recruiters, Inc. and AndersElite.
The company operates through three reporting segments: Engineering Services, Management Recruiters, Inc. and Professional Services Staffing.


===Engineering Solutions===
===Engineering Solutions===
Engineering Services provides [[design]], [[Architecture|facility layout]], [[outsourcing]], [[logistics]], [[project management]], staff and [[systems development]] to [[alternative energy]], [[biopharmaceutical]], [[Chemical industry|chemicals]], [[Commercial aviation|commercial aerospace]], [[defense industry]], [[energy transmission]], [[Natural gas|gas]], heavy [[manufacturing]], [[marine (ocean)|marine]], [[Military aviation|military aerospace]], [[nuclear engineering|nuclear]], [[Petroleum|oil]], [[pharmaceutical]], [[power generation]], regulated [[medical services]] and [[refining]] organizations.<ref name="CDI Corp Bloomberg Businessweek">[http://investing.businessweek.com/research/stocks/snapshot/snapshot.asp?ticker=CDI:US "CDI Corp" Bloomberg Businessweek]</ref> CDI acquired the computer and technical services divisions of United Engineers Inc. in 1993.<ref name="geehern">Christopher Geehern. "Philadelphia company buys UE units", ''Union-News'' (Springfield, Massachusetts), March 6, 1993, Business section, page 14.</ref>
CDI's Engineering Services division provides design, architecture, facility layout, outsourcing, logistics, project management, staff and systems development support to companies in the energy, pharmaceutical, chemical, commercial aviation & aerospace, defense, heavy manufacturing, marine and medical services industries.<ref name="CDI Corp Bloomberg Businessweek">[http://investing.businessweek.com/research/stocks/snapshot/snapshot.asp?ticker=CDI:US "CDI Corp" Bloomberg Businessweek]</ref> CDI acquired the computer and technical services divisions of United Engineers Inc. in 1993.<ref name="geehern">Christopher Geehern. "Philadelphia company buys UE units", ''Union-News'' (Springfield, Massachusetts), March 6, 1993, Business section, page 14.</ref>


===Management Recruiters International===
===Management Recruiters International===
Management Recruiters International is a [[franchisor]] that provides support services and training to franchisees that perform recruiting of executive, professional, supervisory and technical candidates.<ref name="CDI Corp Bloomberg Businessweek"/>
Management Recruiters International is a [[franchisor]] that provides support services and training to franchisees that perform recruiting of executive, professional, supervisory and technical candidates.<ref name="CDI Corp Bloomberg Businessweek"/> The company was acquired by CDI in 1972.

===Professional Services Staffing===
Professional Services Staffing provides skilled technical and professional personnel to clients to augment the clients' existing workforce for discrete periods of time, based on cyclical or business season needs. The division includes CDI AndersElite, a UK-based subsidiary which provides temporary and direct hire employees working in architecture, construction and other related fields.


==Awards and recognition==
===AndersElite===
CDI was selected as the 2013 Outsourcer of the Year by HDI, a professional association and certification body for technical service and support professionals. CDI was honored for "its commitment to excellence, efficiency and service quality."
CDI AndersElite provides temporary and direct hire employees working in architecture, construction and other related fields.
<ref>{{cite web|url=http://www.thinkhdi.com/membership/awards/team-excellence.aspx|title=HDI Team Excellence Award|publisher=HDI|accessdate=2013-11-27}}</ref>CDI's Virginia security team was honored by the Department of Defense with the James S. Cogswell award for providing Outstanding Industrial Security.<ref>{{cite web|url=http://www.prnewswire.com/news-releases/cdi-corps-security-team-in-portsmouth-virginia-honored-by-department-of-defense-for-outstanding-industrial-security-213368591.html
|title=CDI Corp.'s Security Team in Portsmouth, Virginia Honored By Department of Defense for Outstanding Industrial Security|publisher=PR Newswire|date=2013-06-27|accessdate=2013-11-27}}</ref>


==References==
==References==

Revision as of 00:52, 28 November 2013

CDI Corporation
Company typePublic
NYSE: CDI
IndustryEngineering, Technology, Staffing
Founded1950
Headquarters
Philadelphia, Pennsylvania
,
United States
Key people
Walter R. Garrison, Chairman of the Board;
Paulett Eberhart, CEO, President and Director
RevenueIncrease $ 1.105 billion (FY 2012)[1]
Increase $ 32.266 million (FY 2012)[1]
Increase $ 19.443 million (FY 2012)[1]
Total assetsIncrease $ 400.705 million (FY 2012)[1]
Total equityIncrease $ 278.971 million (FY 2012)[1]
Number of employees
800 (December, 2012)[1]
Websitewww.cdicorp.com

CDI Corporation is a multinational company providing engineering, information technology and staffing services to clients in a range of industries including energy, chemical, aerospace, defense, transportation and financial services. The company employs approximately 10,000 people and is headquartered in Philadelphia.

History

CDI Corporation was founded in Philadelphia in 1950 as Comprehensive Designers, Inc. The company provided temporary technical services to manufacturing industries. Early successes included servicing the growing automotive and defense industries.[2] In 1956, Walter R. Garrison, an engineer with Boeing, joined the company as its Chief Engineer. In 1961, Garrison and two colleagues bought the company.

In 1972, the company diversified into the field of job placement by buying Management Recruiters International, a firm that focused on providing permanent management talent for clients.[3]

In 1973, Comprehensive Designers, Inc. changed their name to CDI Corporation.[4]

In 1982, the company began further diversification into temporary staffing services of clerical and unskilled workers, adding offices nationwide under the name Today's Staffing.

By the end of 1994, the company reported over $1B in revenue in the three core areas of technical services, temporary services and Management Recruiters, with approximately 3,000 customers.[5]

In March 1997, the company elected Mitch Wienick to the position of CEO and President, to replace the retiring Walter Garrison. Garrison remained on the company's board of directors.[6] In 1999, CDI purchased executive headhunting firm Humana International, further expanding its mid-level management search and recruitment services through the addition of Humana's 136 franchised offices in Europe and Asia.[7]

In 2001, Mitch Wienick announced his retirement and Roger H. Ballou was elected as CDI's new president and CEO.[8] In 2003, CDI announced the acquisition of AndersElite, a United Kingdom-based provider of building and construction professionals on a permanent and temporary basis.

In 2011, Paulett Eberhart was announced as CDI's new President and CEO, replacing the retiring Roger Ballou.[9] In December 2011, the company announced a major internal reorganization to streamline their business units and better serve different geographic areas. The company formed three divisions: Global Engineering and Technology Solutions ("GETS"), Professional Services Staffing ("PSS") and Management Recruiters, Inc. Operations were also divided into three geographic segments: Americas, Asia Pacific ("APAC"), and Europe, Middle East & Africa (EMEA").[10]

Divisions

The company operates through three reporting segments: Engineering Services, Management Recruiters, Inc. and Professional Services Staffing.

Engineering Solutions

CDI's Engineering Services division provides design, architecture, facility layout, outsourcing, logistics, project management, staff and systems development support to companies in the energy, pharmaceutical, chemical, commercial aviation & aerospace, defense, heavy manufacturing, marine and medical services industries.[11] CDI acquired the computer and technical services divisions of United Engineers Inc. in 1993.[12]

Management Recruiters International

Management Recruiters International is a franchisor that provides support services and training to franchisees that perform recruiting of executive, professional, supervisory and technical candidates.[11] The company was acquired by CDI in 1972.

Professional Services Staffing

Professional Services Staffing provides skilled technical and professional personnel to clients to augment the clients' existing workforce for discrete periods of time, based on cyclical or business season needs. The division includes CDI AndersElite, a UK-based subsidiary which provides temporary and direct hire employees working in architecture, construction and other related fields.

Awards and recognition

CDI was selected as the 2013 Outsourcer of the Year by HDI, a professional association and certification body for technical service and support professionals. CDI was honored for "its commitment to excellence, efficiency and service quality." [13]CDI's Virginia security team was honored by the Department of Defense with the James S. Cogswell award for providing Outstanding Industrial Security.[14]

References

  1. ^ a b c d e f "CDI Corp, Form 10-K, Annual Report, Filing Date Mar 1, 2013" (PDF). secdatabase.com. Retrieved Mar 20, 2013.
  2. ^ "CDI Corporation History". fundinguniverse.com. Retrieved 2013-11-27.
  3. ^ "MRINetwork Recruiting Pioneers". mrinetwork.com. Retrieved 2013-11-27.
  4. ^ "CDI Corporation History". fundinguniverse.com. Retrieved 2013-11-27.
  5. ^ "10-K Annual Report". investor.shareholder.com. 1995-03-02. Retrieved 2013-11-27. {{cite web}}: Cite has empty unknown parameter: |1= (help)
  6. ^ "Form 10-Q Quarterly Report". investor.shareholder.com. 1997-08-08. Retrieved 2013-11-27.
  7. ^ "CDI acquires Humana International". Philadelphia Business Journal. 1999-04-04. Retrieved 2013-11-27.
  8. ^ "CDI Corporation History". fundinguniverse.com. Retrieved 2013-11-27.
  9. ^ "Paulett Eberhart Named President, CEO and Director of CDI Corp". PR Newswire. 2011-01-10. Retrieved 2013-11-27.
  10. ^ "CDI Corporation 10-K". edgar-online.com. 2012-03-06. Retrieved 2013-11-27.
  11. ^ a b "CDI Corp" Bloomberg Businessweek
  12. ^ Christopher Geehern. "Philadelphia company buys UE units", Union-News (Springfield, Massachusetts), March 6, 1993, Business section, page 14.
  13. ^ "HDI Team Excellence Award". HDI. Retrieved 2013-11-27.
  14. ^ "CDI Corp.'s Security Team in Portsmouth, Virginia Honored By Department of Defense for Outstanding Industrial Security". PR Newswire. 2013-06-27. Retrieved 2013-11-27.
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