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SOURCE Affinion Group, Inc.
Addition of Experienced Leadership Complements Existing Talent
STAMFORD, Conn., Feb. 26, 2014 /PRNewswire/ -- Affinion Group, Inc. ("Affinion" or the "Company"), the global leader in enabling companies to connect and engage with their customers, thereby creating rewarding relationships and enhancing brand loyalty, announced today a variety of changes to its leadership that will support the Company's strategy of advancing its growth initiatives through stronger vertical integration across business segments.
"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 Todd Siegel, Affinion's Chief Executive Officer. "The changes we announced today will ensure that the teams who have been tasked with capitalizing on these opportunities have the right resources in place to execute our plans."
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:
Scott Lazear, President of Connexions Loyalty, and Robert Dudacek, President of Affinion Insurance, will remain in their current roles, and along with Ms. Levy, Mr. Conforti, Mr. Lyons and Mr. Fisher, will report directly to Mr. Siegel.
In addition, Steve Upshaw, currently President, Affinion Group and CEO Global Engagement Solutions, with responsibilities including global operations, has elected to leave Affinion this spring in order to pursue outside interests. Among the many accomplishments during his tenure at Affinion, Mr. Upshaw led and grew the International division by successfully establishing new lines of business, diversifying the revenue portfolio and overseeing the first expansions of its geographic footprint.
"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."
About Affinion Group
As a global leader with 40 years of experience, Affinion Group enhances the value of its partners' customer relationships by developing and marketing loyalty solutions. Leveraging its expertise in customer engagement, product development and targeted marketing, Affinion provides programs in subscription-based lifestyle services, personal protection, insurance and other areas to help generate increased customer loyalty and significant incremental revenue for more than 5,670 marketing partners worldwide, including many of the largest and most respected companies in financial services, retail, travel, and Internet commerce. Based in Stamford, Conn., the Company has approximately 3,925 employees and has marketing capabilities in 19 countries globally. For more information, visit www.affinion.com.
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