The 2000 Inc. 500 Almanac: Location
The Inc. 500 by State
Alaska: 1
Alabama: 5
Arkansas: 0
Arizona: 5
California: 69
Colorado: 17
Connecticut: 7
Delaware: 4
District of Columbia: 1
Florida: 27
Georgia: 26
Hawaii: 0
Idaho: 1
Illinois: 27
Indiana: 7
Iowa: 1
Kansas: 4
Kentucky: 8
Louisiana: 3
Massachusetts: 26
Maryland: 12
Maine: 2
Michigan: 14
Minnesota: 11
Missouri: 4
Mississippi: 1
Montana: 1
North Carolina: 12
North Dakota: 1
Nebraska: 0
New Hampshire: 2
New Jersey: 20
New Mexico: 3
Nevada: 3
New York: 24
Ohio: 17
Oklahoma:3
Oregon: 7
Pennsylvania: 21
Rhode Island: 2
South Carolina: 3
South Dakota: 0
Tennessee: 6
Texas: 39
Utah: 8
Virginia: 31
Vermont: 1
Washington: 7
Wisconsin: 6
West Virginia: 0
Wyoming: 0
Location, Location, Location
State with biggest gain in companies since 1999: Florida, up 9 companies to 27
State with biggest drop in companies since 1999: Maryland, down 8 companies to 12
Top five metro areas by number of companies
Washington, D.C. 37
New York City 34
Los Angeles 28
Atlanta 25
San Francisco 24
Top five states by number of companies per million residents*
Delaware 5.4
Virginia 4.5
Massachusetts 4.2
Colorado 4.2
Utah 3.8
*Based on January 1, 1999, population estimates from Market Statistics, a division of Claritas Inc.
The CEOs
Personal profile
Median age at time of company's founding 32
Median age now 40
Percentage of CEOs born outside the United States 15%
Highest level of education completed
Four-year college 47.4%
M.B.A. 18.2%
Other advanced degree 17.6%
Two-year college 8.4%
High school 8.4%
Economic background
Middle class 58.4%
Working class 29.5%
Affluent 8.6%
Poor 3.5%
Ethnicity
Caucasian 85.0%
Asian/Pacific Islander 10.9%
Hispanic 1.9%
Black/African American 1.6%
Native American/Alaskan native 0.5%
Marital status
Married 85.4%
Single, never married 7.3%
Divorced 6.5%
In other long-term relationship 0.8%
Percentage of CEOs who changed their marital status while growing the business who
Got married 59.2%
Got divorced 22.5%
Got divorced and remarried 18.3%
Median number of vacation days taken in 1999 10
The future
Percentage of CEOs who started their company with an exit strategy 32%
Percentage of those CEOs whose plan was to*
Go public 42%
Sell out to another company 39%
Bring in an outside majority investor 7%
Pass on the company to the next generation 7%
Use other strategies 4%
*Does not add up to 100% because of rounding.
Percentage of all CEOs that, in the foreseeable future, plan to
Acquire other companies 68%
Sell the company 43%
Go public 43%
Participate in a roll-up 21%
The bottom line
Median annual compensation $200,000
Number of CEOs who had compensation of $1 million or more in 1999 26
Number of CEOs who had no compensation in 1995 22
Political leanings
CEOs' views on the federal law that bars imposition of a sales tax on Internet commerce
Pro 57%
Con 21%
No opinion 22%
CEOs' views on whether the United States should have permanent normal trade relations with China
Pro 62%
Con 17%
No opinion 21%
CEOs' views on whether federal law should provide a patient's bill of rights governing Americans' relationship with health insurers, such as HMOs
Pro 53%
Con 23%
No opinion 24%
CEOs' views on whether the United States should strengthen environmental laws to prevent global warming
Pro 64%
Con 21%
No opinion 15%
CEOs' views on whether U.S. workers should have the right to invest some of their Social Security money in the stock market
Pro 75%
Con 17%
No opinion 8%
The Companies
Top employers
Number of full-time employees
Accord Human Resources 8,500
Excell Global Services 3,500
Jamba Juice 3,000
Pemstar 2,927
Applied Card Systems 2,770
Benchmarks
Average sales growth from 1995 to 1999 1,632%
Median 1999 sales $10,604,000
Collective 1999 sales $11,015,458,000
Employees
Median number of employees 64
Collective number of employees 84,258
Percentage increase in the collective number of employees, versus the collective number for the 1999 Inc. 500 25%
