Cartus

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Cartus Corporation
Type Private
Founded 1955[1]
Headquarters Danbury, Connecticut, USA
Key people Kevin Kelleher, President and CEO
Industry Real Estate
Employees 2,700 (2007)[2]
Website www.cartus.com

Cartus Corporation is a services corporation specializing in employee relocation, including home sale and home purchase, household-goods shipping, move management, temporary housing, settling-in, intercultural and language training, consulting services supporting benchmarking, program startups, group moves, mergers and acquisitions, and change management.[3] Cartus is a subsidiary of Realogy Corporation.

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[edit] Office Locations

Cartus has 10 offices in 5 different countries.[4]

[edit] History

Cartus was formerly known as Cendant Mobility, a subsidiary of Cendant Corporation. On July 31, 2006, Cendant Corporation spun off its businesses into four entities.[5] The Real Estate Services group of Cendant Corporation became Realogy Corporation. Cendant Mobility, formerly part of the Cendant Corporation Real Estate Services Group, was renamed to Cartus Corporation as a result of the retirement of the Cendant brand.[6]. In 2007, Realogy was acquired by Apollo Management, a private equity firm, for $9 billion.

Other notable historical references:

  • In September of 2002, a federal racial discrimination lawsuit was filed against Cartus (then Cendant Mobility). The lawsuit, filed on behalf of 20 black employees, claimed there was a double standard at the company which provides relocation services for job-related or individual moves. The lawyer who filed the lawsuit says that blacks are treated one way, while white employees are given preferential treatment. The lawsuit claimed that black employees don't get the same opportunities as whites. An out-of-court settlement was reached. Terms were undisclosed.
  • On December 23, 2003, in Stewart v. Cendant Mobility Services Corp., Conn., No. SC 16913, the Connecticut Supreme Court found Cartus (then Cendant Mobility) liable for $850,000 in damages against an at-will employee it terminated in April 1998.
  • On April 13, 2007, Sky Solutions, one of Cartus' suppliers, filed a $325,775 lawsuit against it. The lawsuit alleges that Cartus refused to pay that amount to cover the fee for providing IT consulting and development services.
  • In August, 2007, J.D. Power ranked Cartus competitor, GMAC Global Relocation Services, as highest in customer satisfaction - with Cartus trailing behind as last of the seven contractors covered in the report. Prudential Relocation came in second best, followed by Altair Global Relocation, SIRVA Relocation, Primacy Relocation, Weichert Relocation and Cartus.
  • Cartus regularly is recognized by the corporate segment for its supplier diversity programs. Its commitment to supplier diversity and to supporting entrepreneurial supplier startups is unwavering.
  • American Society for Training and Development (ASTD) and Training Magazine have each awarded Cartus or cited Cartus for honorable mention of their internal training and development programs. Their employees receive an average of 42 hours of training per year, well above the industry norm. Training focuses on professional and personal development. Cartus manages a robust internal training program for emerging and practicing leaders.

[edit] References

[edit] External links