American Century Investments Named to Fortune Magazine 100 Best Companies List.Business Editors KANSAS CITY Kansas City, two adjacent cities of the same name, one (1990 pop. 149,767), seat of Wyandotte co., NE Kansas (inc. 1859), the other (1990 pop. 435,146), Clay, Jackson, and Platte counties, NW Mo. (inc. 1850). , Mo.--(BUSINIESS WIRE)--Dec. 20, 1999 Kansas City-based American Century Investments American Century Investments is a privately held investment management firm. Its headquarters are located at 4500 Main in Kansas City, Missouri, near the famous Country Club Plaza. It was formerly known as Twentieth Century Investments. The company was founded by James E. made Fortune Magazine's latest list of the "100 Best Companies to Work for in America," released today. Fortune placed American Century This article is about the term used for American power in the 20th century. For the investment company, see American Century Investments. "American Century" is a term coined by Time at number 40, ahead of national giants such as American Express American Express (NYSE: AXP), sometimes known as "AmEx" or "Amex", is a diversified global financial services company, headquartered in New York City. The company is best known for its credit card, charge card and traveler's cheque businesses. and Land's End Land's End, promontory, Cornwall, SW England, forming the westernmost extremity of the English mainland. Of wave-carved granite, it has cliffs c.60 ft (20 m) high. Offshore are reefs and rocky islets, on one of which is Longships Lighthouse. . It cited American Century for offering business cards to all employees and giving every staff member a $650 ergonomic chair. The magazine noted the company's commitment to training - with an average of 46 hours per employee each year - and its unique benefits, such as a Life Cycle Account that pays for self-improvement of many kinds - even guitar lessons. It also mentioned the generosity of the company's founder, James E. Stowers James E. Stowers (born 1924) is the founder of American Century Investments and the Stowers Institute for Medical Research. Born and raised in Kansas City, Missouri, Jim Stowers graduated from Kemper Military School in Boonville, Missouri. Jr., who has established the Stowers Institute for Medical Research in Kansas City. In a message to the company this morning, American Century President and Chief Operating Officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. Bill Lyons gave credit for the distinction to employees: "This recognition is yours. Take it to heart and accept it as your own. You made it happen through a commitment to being the best and through hard work. Positive work environments don't just happen by themselves. It takes focus, dedication, leadership and incredible teamwork." And, he added, the achievement of this goal is not an end in itself: "We also know that this is not the end of the journey. The best companies never stop benchmarking themselves against other leaders. We are deeply committed to a continual process of improvement, and we reject complacency." This was the company's first time to apply for the list. It requested to be among those considered in March and was chosen as one of the 236 finalists this summer. Two-thirds of its evaluation was based on a confidential employee survey administered by Fortune, and one third relied on human resources The fancy word for "people." The human resources department within an organization, years ago known as the "personnel department," manages the administrative aspects of the employees. and culture surveys answered by the company's management. American Century Investments is a mutual fund, brokerage and investment services company serving two million individual and institutional investors. It employs about 3,000 people at its Kansas City headquarters and major sites in Denver and Mountain View, Calif. Through its broad selection of more than 70 mutual funds, the company manages approximately $103 billion in assets. James E. Stowers Jr. founded the company in 1958 and serves as chairman. His son, James E. Stowers III, is chief executive officer, and William M. Lyons is president and chief operating officer. For more information on company products and services, visit its Web site at www.americancentury.com. |
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