Affinion Announces Organizational Changes And New Hires In Support Of Vertical Integration Strategy
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"Whether it is through further geographic expansion, the development of new markets for our industry-leading loyalty redemption programs, the expansion of our insurance portfolio or an acceleration of the roll-out of our domestic subscription-based services in our newest channels, we believe there are substantial opportunities to grow the business over the next several years," said
Underlying its announcements today is the Company's determination that the existing business segments need further vertical support in order to provide the specialized focus each requires to best pursue its growth initiatives. Accordingly, the following have been named to new positions, effective March 1st, except as otherwise indicated:
Michele Conforti , formerly Managing Director and Chief Financial Officer ofAffinion International , has been named President and Managing Director,Affinion International . Since joiningAffinion International in 2007,Mr. Conforti has increased his span of responsibilities to include finance, strategy, product development and operations management forAffinion International .Mr. Conforti will remain located inSlough, UK .Sloane Levy , formerly General Counsel, has been named President, Affinion Membership. Ms. Levy is uniquely qualified to fulfill this new position given her previous and substantial experiences in direct response marketing as well as her extensive familiarity with managing complex issues in rapidly evolving regulatory and competitive environments. Ms. Levy will remain located inStamford, CT .- In connection with Ms. Levy's appointment,
Brian Fisher , formerly the General Counsel of Affinion's North American business, has been named Affinion's Executive Vice President and General Counsel.Mr. Fisher has been with the Company for more than 10 years in a variety of roles with increasing responsibility within the legal organization, and has extensive familiarity with each of the Company's business segments.Mr. Fisher , who holds a Juris Doctor fromNew York University School of Law and an A.B. degree fromHarvard University , will be based inStamford, CT . Bob Lyons , formerly Executive Vice President, Operations and Technology withAscend Learning LLC , will join Affinion on March 10th as Chief Operating Officer forAffinion Group .Mr. Lyons previously held senior technology and operational roles with Avaya, Convergys andUnited Healthcare and holds a Masters of Science in Management and Technology fromRensselaer Polytechnic Institute . In his capacity as COO,Mr. Lyons will be accountable for all of the Company's operations in customer care, information technology, billing, procurement and facilities management.Mr. Lyons will be based inStamford, CT .
In addition,
"Throughout his time with Affinion, Steve has repeatedly answered the call to fill a variety of crucial roles, usually at the point when we most needed his skillful and steady leadership," said Siegel. "I have no doubt that success will follow Steve in all his future endeavors.
"With the changes we have announced today, I have full confidence in the ability of this leadership team to successfully manage the many opportunities that are present in the business today and to continue identifying new ways of growing the business in the years ahead."
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