ChoicePoint Data at a GlanceBy John McCormick | Posted 2005-06-14 Email Print
Modernizing Authentication — What It Takes to Transform Secure Access
Steven Calderon was into his second week working as a security guard for Fry's Electronics when Anaheim, Calif., police walked in and arrested him. Fry's had requested a background check on Calderon, which was done by The Screening Network, a service of C
ChoicePoint Data at a Glance
Headquarters: 1000 Alderman Drive, Alpharetta, GA 30005
Phone: (770) 752-6000
Business: Collects, stores and distributes personal information on consumers to help organizations reduce fraud and mitigate risks.
Chief Executive Officer: Derek Smith
Financials in 2004: $148 million in net income; $918.7 million in revenue; net profit margin of 16%.
Challenges: Repair reputation and raise revenue, despite data-accuracy and security obstacles.
- Increase revenue at least 14% to $1.1 billion, from $918.7 million.
- Maintain free cash flow at between $180 million and $190 million in 2005, compared to $182 million in 2004.
- Sustain operating income margin in 2005 at 26% of sales.
- Limit 2005 revenue loss from decision to reduce access to public records to $20 million.