Here are a few ways to accurately change a company name on your resume:
- List current company name followed by its previous name.
- Include old company name and date of merger or acquisition.
- List a series of positions, include new company name and date of merger or acquisition.
What does it mean when a company is said to have been merged under the term acquisition?
Mergers and acquisitions
A merger occurs when two separate entities combine forces to create a new, joint organization. Meanwhile, an acquisition refers to the takeover of one entity by another. Mergers and acquisitions may be completed to expand a company’s reach or gain market share in an attempt to create shareholder value.
How do you put a closed company on your resume?
If your employer went out of business, you should still include the experience on your resume. Treat the position like any other job by demonstrating your accomplishments and contributions. If the position was recent, briefly explain the closure in your cover letter.
What happens to employees when a company merges?
Some employers purposely tell employees that the business is merging (as opposed to being acquired) so employees don’t get nervous about their jobs. Although used together, mergers and acquisitions are different. A merger is when two companies join forces to create a new management structure and a joint organization.
How to List A merged company on a resume?
However, when a company is acquired or taken over by another company, there is often a significant change in the financials (shares, assets, debt) between the two companies, as well as the name. Use the same preparation as listed above about mergers to help you decide how to list an acquisition.
How to List A previous employer that have been acquired?
It would be best to have the current employer name on your resume, with the former employer name referenced, such as “Pardot, acquired by Salesforce” or “Pardot, a Salesforce Company”. Richard Hom, PhD & 3 career changes in three different vertical markets. In my opinion, former employers or only to review your past history or track record.
What happens to employees when a company is acquired?
This is because acquisitions have a negative connotation, and employers don’t want to use that language around employees. Some employers purposely tell employees that the business is merging (as opposed to being acquired) so employees don’t get nervous about their jobs.
