BNET Industries
Market Cap:$3.4B
Last Fiscal Year Sales:$3.2B
- Public
- US
Dow Jones Description
Hewitt Associates (NYSE: HEW) provides leading organizations around the world with expert human resources consulting and outsourcing solutions to help them anticipate and solve their most complex benefits, talent, and related financial challenges. Hewitt consults with companies to design and implement and communicate a wide range of human resources, retirement, investment management, health management, compensation, and talent management strategies. As a leading outsourcing provider, Hewitt administers health care, retirement, payroll, and other HR programs to millions of employees, their families, and retirees. With a history of exceptional client service since 1940, Hewitt has offices in more than 30 countries and employs approximately 23,000 associates who are helping make the world a better place to work.
Chief Executive Officer
Russell P. FradinNumber of Employees 23,000
Contact Information
100 Half Day Road
Lincolnshire, Illinois 60069-3342
(847) 295-5000
Peer Companies
NAICS Code Human Resources Consulting Services: 541612
Recent Events
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Hewitt Associates Sets Date to Webcast Fourth Quarter and Fiscal 2009 Earnings Conference Call
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Report: Hewitt Associates names global strategy leader for investment
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2010 salary forecasts: employers remain cautious - Findings of a study commissioned by the Ordre...
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REFILE-UPDATE 1-MOVES-Barclays Bank, PriceWaterhouseCoopers
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Hewitt Associates Set 10-Month High Monday
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UPDATE 2-Hewitt raises FY09 EPS view, shares rise
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Hewitt Associates appoints director
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Hewitt Associates Appoints Judson Green to Board of Directors
News & Analysis
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Hewitt Associates, Inc. F3Q09 (Qtr End 6/30/09) Earnings Call Transcript
Seeking Alpha
- 2009-08-04
Hewitt Associates, Inc. HEW F3Q09 Earnings Call August 4, 2009 8:30 am ET
Hewitt Associates, Inc. F3Q09 (Qtr End 6/30/09) Earnings Call Transcript
Seeking Alpha
- 2009-08-04
Question-and-Answer Session Operator Thank you. Operator Instructions Your first question comes from Mark Marcon - Robert W. Baird & Co., Inc. Mark Marcon - Robert W. Baird & Co., Inc. Good morning and congratulations on the great progress, particularly in HR BPO. I was wondering if you can...
Hewitt Associates, Inc. F1Q09 (Qtr End 12/31/08) Earnings Call Transcript
Seeking Alpha
- 2009-02-09
Question-and-Answer Session Operator Thank you. Operator Instructions Your first question comes from Ashwin Shirvaikar - Citigroup Investment. Ashwin Shirvaikar - Citigroup Investment My first question is can you talk about what portion of your revenues in each segment comes from what you would consider discretionary client spending...
Project Management Screw-Up 5 - We Didn't Have The Right Sponsorship
BNET
- 2009-01-30
Bad leadership got us into this economic crisis - and its good leadership that will get us out. Global financial markets are in turmoil, politicians are scrambling for solutions, employee layoffs are increasing, and corporate strategies are unable to address the rapidly changing economic landscape. All are strong indications of...
The Worst Project Management Challenge
BNET
- 2009-01-20
With rising unemployment, organizations increasingly are finding themselves plagued by an inability to effectively source specialized talent to meet business needs. At its core, this is primarily due to a lack of information that would allow organizations to prioritize and make smart investments in enhancing workforce skills, capacity, and capability....
The Second Biggest Project Management Challenge
BNET
- 2009-01-19
Within the current economic environment, U.S. multinational companies are confronted with challenges regarding the way they manage global compensation costs. These challenges increase the pressure on these organizations as they seek to achieve administrative efficiencies and more effectively align compensation and business strategy. As these firms prepare for continued growth...
Project Management In The Real World
BNET
- 2009-01-14
While much has been written about the global economic crisis, very little has been said about what the leaders of large global organizations should be doing now to prepare their organizations to emerge in a position of strength as the economy recovers. The global workforce is understandably tense, fragile, and...
Why Is Strategy Important In The On-Line World
BNET
- 2008-12-19
Deteriorating economic conditions are forcing many companies to cut costs wherever possible. And, as the single largest expense, human capital is high on the list of potential cost- cutting targets. While reducing headcount may ultimately prove inevitable, how that task is performed has critical implications on an organization's future. The...
Choosing The Most Appropriate Microsoft Training Course
BNET
- 2008-11-25
The ground is littered with the corporate casualties of the troubled global economy. Companies that once seemed untouchable have disappeared forever, while once unlikely partners are teaming up to emerge as stronger contenders. This upheaval will continue as corporate America grapples for way to survive in a struggling economy. Where...
Hewitt Associates, Inc. F4Q08 (Qtr End 9/30/08) Earnings Call Transcript
Seeking Alpha
- 2008-11-14
Question-and-Answer Session Operator Operator Instructions Your first question comes from Ashwin Shirvaikar - Citigroup Investment. Ashwin Shirvaikar - Citigroup Investment I'm trying to get to a normalized free cash flow estimate going forward if possible, so if you could help me with a couple of items like,...
Decision Makers
| Name (plus bio) | Position |
|---|---|
| Russell P. Fradin | Chief Executive Officer |
| Jay C. Rising | President, HR Outsourcing |
| Julie S. Gordon | President, Client & Market Leadership |
| Brad Anderson | Chief Information Officer |
| John Park | Chief Financial Officer |
| Kristi Savacool | Senior Vice President, Global Business Services and Information Technology |
| Matthew C. Levin | Senior Vice President, Corporate Development and Strategy |
| Steven J. Kyono | Senior Vice President, General Counsel & Corporate Secretary |
| Alison Borland | Defined Contribution Practice Leader |
| Andrew Bell | Global Practice Leader |
| Carlos A. Rraposo | HR Outsourcing, Latin America Leader |
| Eric C. Fiedler | HR Consulting, Asia-Pacific Leader |
| James R. Konieczny | Multi-Process HR Outsourcing Leader |
| John L. Anderson | Leader, Talent & Org Consulting Business |
| Maureen A. Kincaid | Co-Leader-Health Management Business |
| Michael R. Lee | HR Consulting, Sales and Client Management Leader |
| Richard Jones | HR Outsourcing, Europe Leader |
| Roger Parkin | HR Consulting and Integration, Europe Leader |
| Rohail Khan | Benefits Outsourcing Operations Leader |
Board of Directors
| Name (plus bio) | Position |
|---|---|
| Alex J. Mandl | Board of Directors |
| Cary D. McMillan | Board of Directors |
| Cheryl A. Francis | Board of Directors |
| Judson C. Green | Board of Directors |
| Michael E. Greenlees | Board of Directors |
| Michele M. Hunt | Board of Directors |
| Steven A. Denning | Board of Directors |
| Steven P. Stanbrook | Board of Directors |
| Thomas J. Neff | Board of Directors |
| William J. Conaty | Board of Directors |
| Organization | Position | Status |
|---|---|---|
| Hewitt Associates LLC | Chief Executive Officer | Current |
| Hewitt Associates LLC | Chairman | Current |
| Gartner, Inc. | Board of Directors | Current |
| The BISYS Group, Inc. | Board of Directors | Current |
| The BISYS Group, Inc. | President & CEO | Former |
| The ADP | Group President, Global Employer Services | Former |
| McKinsey & Company, Inc. | senior partner | Former |
| The Corporate Executive Board Company | Board of Directors | Former |
| Organization | Position | Status |
|---|---|---|
| Hewitt Associates LLC | President, HR Outsourcing | Current |
| RightNow Technologies Inc. | President, Field Operations | Former |
| Automatic Data Processing, Inc. | Corp Vice President | Former |
| Organization | Position | Status |
|---|---|---|
| Hewitt Associates LLC | President, Client & Market Leadership | Current |
| Hewitt Associates LLC | Board of Directors | Current |
| Hewitt Associates LLC | President, HR Outsourcing | Former |
| Organization | Position | Status |
|---|---|---|
| Hewitt Associates LLC | Chief Information Officer | Current |
| Organization | Position | Status |
|---|---|---|
| Hewitt Associates LLC | Chief Financial Officer | Current |
| Orbitz Worldwide, Inc. | Chief Financial Officer | Former |
| Organization | Position | Status |
|---|---|---|
| Hewitt Associates LLC | Senior Vice President, Global Business Services and Information Technology | Current |
| The Boeing Company | Vice President, Shared Services Group | Former |
| Organization | Position | Status |
|---|---|---|
| Hewitt Associates LLC | Senior Vice President, Corporate Development and Strategy | Current |
| Organization | Position | Status |
|---|---|---|
| Hewitt Associates LLC | Senior Vice President, General Counsel & Corporate Secretary | Current |
| Automatic Data Processing, Inc. | President, Dealer Services | Former |
| The BISYS Group, Inc. | Executive Vice President, General Counsel & Secretary | Former |
| Organization | Position | Status |
|---|---|---|
| Hewitt Associates LLC | Defined Contribution Practice Leader | Current |
| Hewitt Associates LLC | Principal & Senior Benefits Consultant, Retirement & Financial Management Business | Former |
| Organization | Position | Status |
|---|---|---|
| Hewitt Associates LLC | Global Practice Leader | Current |
| Organization | Position | Status |
|---|---|---|
| Hewitt Associates LLC | HR Outsourcing, Latin America Leader | Current |
| Organization | Position | Status |
|---|---|---|
| Hewitt Associates LLC | HR Consulting, Asia-Pacific Leader | Current |
| Hewitt Associates LLC | Division Officer | Former |
| Organization | Position | Status |
|---|---|---|
| Hewitt Associates LLC | Multi-Process HR Outsourcing Leader | Current |
| Hr Outsourcing, Inc. | Chief Operations Officer | Former |
| Organization | Position | Status |
|---|---|---|
| Hewitt Associates LLC | Leader, Talent & Org Consulting Business | Current |
| Organization | Position | Status |
|---|---|---|
| Hewitt Associates LLC | Co-Leader-Health Management Business | Current |
| Organization | Position | Status |
|---|---|---|
| Hewitt Associates LLC | HR Consulting, Sales and Client Management Leader | Current |
| Hewitt Associates LLC | Leader, Client Development, North America | Former |
| Organization | Position | Status |
|---|---|---|
| Hewitt Associates LLC | HR Outsourcing, Europe Leader | Current |
| Accenture Ltd. | global managing partner | Former |
| Organization | Position | Status |
|---|---|---|
| Hewitt Associates LLC | HR Consulting and Integration, Europe Leader | Current |
| Organization | Position | Status |
|---|---|---|
| Hewitt Associates LLC | Benefits Outsourcing Operations Leader | Current |
Alex J. Mandl is 65 years old and has been a director of the company since March 2008. Mr. Mandl is currently the non-Executive Chairman of Gemalto, a company resulting from the merger of Axalto Holding N.V. and Gemplus International S.A. From June 2006 until December 2007, Mr. Mandl served as Executive Chairman of Gemalto. Before June 2006, Mr. Mandl was President, Chief Executive Officer and a member of the Board of Directors of Gemplus, positions he held since August 2002. He also serves on the boards of Gemalto N.V., Dell Inc., Hewitt Associates, Inc. and Horizon Lines, Inc.
| Organization | Position | Status |
|---|---|---|
| Axalto, Inc. | Global Leader | Current |
| Visteon Corporation | Board of Directors | Current |
| Horizon Lines, Inc. | Board of Directors | Current |
| Gemplus Corp | Vice-Chairman of the Board of Directors | Current |
| Gemalto N.V. | Board of Directors | Current |
| Core Capital Partners | Board of Directors | Current |
| Dell Inc. | Board of Directors | Current |
| Hewitt Associates LLC | Board of Directors | Current |
| Teligent, Inc. | Chief Executive Officer | Former |
| Gemplus International S.A. | President & CEO | Former |
| Gemplus Corp | CEO | Former |
| AT&T Inc. | President | Former |
| AT&T Inc. | Chief Financial Officer | Former |
| AT&T Inc. | Executive Vice President | Former |
| Boise Cascade, LLC | Former | |
| Teligent, Inc. | Chairman | Former |
| In-Q-Tel, Inc. | Board of Directors | Former |
| Pfizer Inc. | Board of Directors | Former |
| American Enterprise Institute for Public Policy Research | Board of Directors | Former |
| University of California, Berkeley | M.B.A | Former |
| Organization | Position | Status |
|---|---|---|
| Hewitt Associates LLC | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Corporate Leadership Center | Co-Founder | Current |
| Ucwbg | Board of Directors | Current |
| Corporate Leadership Center | Vice-Chairman | Current |
| The Advisory Council | Board of Directors | Current |
| The Chicago Network | Board of Directors | Current |
| HNI Corporation | Board of Directors | Current |
| Hewitt Associates LLC | Board of Directors | Current |
| Morningstar, Inc. | Board of Directors | Current |
| Commercial Club of Chicago | Board of Directors | Current |
| Women's Initiative | Board of Directors | Current |
| The Chicago Network | Member | Current |
| Commercial Club of Chicago | Member | Current |
| Women's Initiative | Member | Current |
| R.R. Donnelley & Sons Co. | chief financial officer | Former |
| University of Chicago Graduate School of Business | First Woman Officer | Former |
| The Chicago Network | Special Task Force Chair | Former |
| Lands' End, Inc. | Board of Directors | Former |
| University of Chicago | MBA | Former |
| University of Chicago Graduate School of Business | Master's Degree In Business Administration | Former |
| Cornell University | BS | Former |
| Organization | Position | Status |
|---|---|---|
| NAVTEQ Corp. | President & CEO | Current |
| NAVTEQ North America, LLC | CEO | Current |
| DreamWorks Animation SKG Inc. | Board of Directors | Current |
| Hewitt Associates LLC | Board of Directors | Current |
| Harley-Davidson, Inc. | Board of Directors | Current |
| NAVTEQ Corp. | Board of Directors | Current |
| The Walt Disney Company | President | Former |
| The Walt Disney Company | Chief Financial Officer | Former |
| University of Chicago | M.B.A. | Former |
| DePauw University | bachelor's degree in economics | Former |
| Organization | Position | Status |
|---|---|---|
| Hewitt Associates LLC | Board of Directors | Current |
| Omnicom Group Inc. | Executive Vice President | Former |
| Organization | Position | Status |
|---|---|---|
| Hewitt Associates LLC | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| General Atlantic, LLC | Managing Partner | Current |
| General Atlantic, LLC | Chairman | Current |
| The Nature Conservancy | Board of Directors | Current |
| Thomson Reuters Corporation | Board of Directors | Current |
| Stanford University | Board of Trustees | Current |
| Hewitt Associates LLC | Board of Directors | Current |
| American Museum of Natural History | Board Member | Current |
| Eclipsys Corporation | Board of Directors | Current |
| SRA International Inc. | Board of Directors | Current |
| McKinsey & Company, Inc. | Consultant. | Former |
| The Thomson Corporation | Board of Directors | Former |
| Naval Postgraduate School | MS Degree | Former |
| Stanford Graduate School of Business | M.B.A. degree | Former |
| Georgia Institute of Technology | B.S. degree | Former |
| American Museum of Natural History | member | Former |
Mr. Stanbrook has been President, Developing Markets Platform, of S.C. Johnson & Son, Inc., a manufacturer of consumer products, since July 2006. Before that he was President - Asia and Americas, from January 2005 to July 2006. From 2003 to December 2004 he was President, Asia and from 1996 to 2002, Mr. Stanbrook was President of S.C. Johnson’s business in Europe, Africa, and Near East. Mr. Stanbrook is also a director of Hewitt Associates, Inc.
| Organization | Position | Status |
|---|---|---|
| S.C. Johnson & Son, Inc. | President, Asia and Americas | Current |
| Chiquita Brands International, Inc. | Compensation & Organization Development Committee Chairman | Current |
| Hewitt Associates LLC | Board of Directors | Current |
| Sara Lee Corporation | CEO | Former |
| Compuserve Interactive Services, Inc. | CEO | Former |
| Sara Lee Corporation | President | Former |
| Compuserve Interactive Services, Inc. | President | Former |
| Chiquita Brands International, Inc. | Board of Directors | Former |
| Organization | Position | Status |
|---|---|---|
| Lafayette College | Trustee Emeritus | Current |
| Spencer Stuart | Chairman, U.S. | Current |
| Hewitt Associates LLC | Board of Directors | Current |
| Lord Abbett & Co. | Board of Directors | Current |
| Lafayette College | Board of Directors | Current |
| ACE Limited | Board of Directors | Current |
| Spencer Stuart | President | Former |
| Booz Allen Hamilton, Inc. | Principal | Former |
| McKinsey & Company, Inc. | Management Consultant | Former |
| United States Army | Officer and Aide de Camp | Former |
| Brunswick School | Chairman | Former |
| Spencer Stuart | Director | Former |
| Lehigh University | MBA | Former |
| Lafayette College | B.S., Industrial Engineering | Former |
| Organization | Position | Status |
|---|---|---|
| Hewitt Associates LLC | Board of Directors | Current |
| General Electric Company | Senior Vice President, HR | Former |
Executive News
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Announcing HSM Webinars and "Road to World Business Forum" Webinar Series
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Announcing HSM Webinars and "Road to World Business Forum" Webinar Series
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Announcing HSM Webinars and Road to World Business Forum Webinar Series
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Hewitt Associates appoints director
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BRIEF-Hewitt Associates appoints Judson Green to board of directors
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Straight Talk in a Slump
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The 401(k) Rollover Conundrum
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Hewitt Associates
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