The company that I chose was Carlson companies because I work at The Cedar Bluff location of Country Inn and Suites. Carlson is a privately held international corporation which means there is no public trade. Carlson is well known for being one of the largest family-held corporations in the country. The headquarters of Carlson Companies is located at 701 Carlson Parkway Minnetonka, MN 55305 and the phone number for general information is 763-212-5000. Carlson’s business can be divided into 3 different groups, hotel, restaurant, and travel management. Regent, Radisson, Park Plaza, Country Inn and Suites, and Park Inn are Carlson’s hotel brands. T.G.I. Friday’s and Pick Up Stix are the restaurant brands of Carlson. Carlson Wagonlit Travel is Carlson’s travel management company. These three groups operate in conjunction with one another to form one of the world’s largest and most profitable private companies (Company Overview, n.d.). Hubert Joly is the president, CEO and Director of Carlson. Under Mr. Joly, there are 3 vice presidents, Jim Porter (CAO), Trudy Rautio (CFO), and William A. Van Brunt general counsel of Carson (Company Leadership, n.d.).
Company Description & History
Curtis L. Carlson, founder and former chairman and CEO, registered Gold Bond Stamp Company with $ 55 of advanced money in Minneapolis, Minnesota in 1938. The company sold trade stamps to department stores and grocery stores, and department stores and grocery stores used the stamps as reward points. Customers gathered stamps and exchanged it for money or prizes. In 1944 because Carlson was drafted for WWII, he sold a half interest in the company to Truman Johnson, who was a friend and prior co-worker at Procter & Gamble. After WWII, his business expanded rapidly and he made a lot of money. In 1957, Kroger bought the Top Value portion of Carlson’s business for $ 1 million and this profit allowed him to buy out the half interest in the company
References: “Carlson Hotels announces the winners of its Global Hospitality Awards”, 2010, April 6, in Media, Retrieved April 25, 2010, from http://www.carlson.com/media/article.cfm?id=897&group=hotels&subhilite=1&terhilite=0 Career Search, n.d., in Carlson Retrieved April 25, 2010, from http://www.carlson.com/careers/index.cfm Company History, n.d., in Company Overview Retrieved April 25, 2010, from http://www.carlson.com/overview/companyhistory.cfm Company Leadership, n.d., in Carlson Retrieved April 25, 2010, from http://www.carlson.com/overview/leadership.cfm Company Overview, n.d., in Carlson Retrieved April 25, 2010, from http://www.carlson.com/overview/index.cfm “CWT Connect Now Brings Innovative Approach to European Mid-Market”, 2010, March 10, in Media, Retrieved April 25, 2010, from http://www.carlson.com/media/article.cfm?id=902&group=travel&subhilite=1&terhilite=0 “CWT Offers Tips for Dealing with Volcanic Ash Fallout”, 2010, April 21 in Media, Retrieved April 25, 2010, from http://www.carlson.com/media/article.cfm?id=928&group=travel&subhilite=1&terhilite=0 Hotels, n.d., in Carlson Retrieved April 25, 2010, from http://www.carlson.com/brands/hotels.cfm “New Addition Expands the Radisson Resort Portfolio in the Caribbean”, 2010, April 26, in Media, Retrieved April 28, 2010, from http://www.carlson.com/media/article.cfm?id=938&group=hotels&subhilite=1&terhilite=0