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American Century Makes No. 20 On FORTUNE Magazine List; Investment Management Company Celebrates with Community Donation.


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.--(BUSINESS WIRE)--Dec. 19, 2000

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. , a Kansas City, Mo.-based investment manager, has made FORTUNE Magazine's latest list of the "100 Best Companies to Work for in America" for the second year in a row.

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 20, ahead of national giants such as the Vanguard Group, Merck, Intel and Microsoft. It cited American Century for offering more than 56 hours of training to every employee, having more than half its people on flexible work schedules and introducing health benefits that can apply to any household member; a sibling, parent or even a nanny.

American Century President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  Bill Lyons says the credit goes to the company's people. In a message to all employees this morning, he said: "It is impossible not to be enormously impressed by the diversity, character and collective accomplishment of the people of this company. And connecting it all is a spirit of optimism and real commitment -- to our investors and to our company. This honor is yours to celebrate. You have taken to heart our vision to be one of the best places to work and made it so."

Two-thirds of the magazine's evaluation is based on a confidential employee survey administered by FORTUNE, and one third relies 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.

Last year, executives served up a pancake pancake, thin, flat cake, made of batter and baked on a griddle or fried in a pan. Pancakes, probably the oldest form of bread, are known in different forms throughout the world.  breakfast at all the company's locations to celebrate. This year, they'll recognize this achievement by donating $50,000 to the Make-A-Wish Foundation The Make-A-Wish Foundation is a 501(c)(3) non-profit organization that grants wishes to children (2.5 years to 18 years old) with life-threatening medical conditions. . "Our people are very proud of their accomplishments, but they also believe in sharing their success with the communities in which they live and work," says Chief People Officer Jerry Bartlett.

American Century is a mutual fund, brokerage and investment services company serving nearly two million individual and institutional investors. It has been named one of the 100 best companies to work for by FORTUNE Magazine and Working Mother Magazine. Through its broad selection of more than 70 mutual funds, the Kansas City, Missouri-based company manages more than $100 billion in assets. 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. founded the company in 1958 and serves as chairman. William M. Lyons is president and chief executive officer. For more information on company products and services, visit its Web site at www.americancentury.com
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Copyright 2000, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1USA
Date:Dec 19, 2000
Words:386
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