- Shawn Stewart Named President of AIR MILES
- Rick Neuman Joins as Chief Technology Officer (CTO)
DALLAS, April 11,
2022 /CNW/ - Loyalty Ventures Inc. (Nasdaq:
LYLT), a leading provider of tech-enabled, data-driven consumer
loyalty solutions today announced leadership changes at its AIR
MILES Reward Program segment ("AIR MILES").
Shawn Stewart has been named
President of AIR MILES, replacing Blair
Cameron, who is leaving the company.
"We appreciate the contributions that Blair Cameron has made during his more than
15-year tenure at AIR MILES, and I want to personally thank him for
his dedication and service to our Sponsors, Collectors and
employees," said Charles Horn,
President and Chief Executive Officer of Loyalty Ventures.
Shawn Stewart, who will join us
on May 2, 2022, brings deep expertise
in consumer insights, customer loyalty, digital marketing, and
analytics across multiple verticals to his new position at AIR
MILES. Most recently, he was Senior Vice President, Customer at
Canadian Tire, where he led the team responsible for enterprise
loyalty, digital marketing, customer analytics and personalization,
including the team that built and grew the Triangle Rewards loyalty
program. In his prior tenure at McKinsey & Company and
Accenture, Shawn developed customer acquisition and retention
strategies, data-driven applications, and customer experience
programs to accelerate business growth for clients. In
addition, from 2010 to 2013 Shawn was a member of the AIR MILES
leadership team where his role included accountability for data and
analytics for AIR MILES' Sponsors.
"We are thrilled that Shawn has agreed to re-join us given his
passion for building new capabilities and transforming
organizations and brands, which aligns with our strategic
objectives. He brings excellent credentials to AIR MILES as well as
a deep understanding of Sponsor needs, Collector behaviors, and our
business development opportunities. Shawn is the clear choice to
direct our investments to drive greater consumer engagement in our
programs by enhancing our value proposition and upgrading the
redemption experience for our AIR MILES Collectors, while building
additional data analytics and marketing capabilities for our
Sponsors," Mr. Horn noted.
"It is a great honor for me to lead the talented group of people
at AIR MILES. I am excited to leverage the insights I have gained
from working with Canada's largest
companies and pair that knowledge with the digitally-oriented
strategic transformation that is underway at AIR MILES," Mr.
Stewart said.
Further, we are pleased to announce Rick
Neuman has joined AIR MILES as Chief Technology Officer.
Most recently at Flipp, a retail technology firm, Rick was
formerly Executive Vice President eCommerce & Chief Technology
Officer at Walmart International, where he was responsible for
Walmart Canada's digital transformation. During his six-year
tenure, he created product and technology strategies for global
merchant processes, transitioned international tech to improve
delivery transparency and velocity, and built new technology
leadership teams. At AIR MILES, Rick will be responsible for
development, implementation and oversight of the program's
technology strategy and roadmap.
"With Shawn and Rick joining the AIR MILES leadership team, we
are well positioned to build upon our 30-year history as
Canada's premier loyalty program,
with the full support of Loyalty Ventures' management and Board of
Directors. We look forward to reporting on their progress," noted
Mr. Horn.
About Loyalty Ventures Inc.
Loyalty Ventures Inc. (Nasdaq: LYLT), an S&P SmallCap 600
company, is a leading provider of tech-enabled, data-driven
consumer loyalty solutions. We help partners achieve their
strategic and financial objectives including increased consumer
basket size, shopper traffic, frequency, digital reach and enhanced
program reporting and analytics.
We help financial services providers, retailers and other
consumer-facing businesses create and increase customer loyalty
across multiple touch points from traditional to digital to mobile
and emerging technologies. We own and operate the AIR
MILES® Reward Program, Canada's most recognized loyalty program, and
Netherlands-based BrandLoyalty, a
global provider of purpose-driven, tailor-made, campaign-based
loyalty solutions for grocers and other high-frequency
retailers.
At our AIR MILES Reward Program, AIR MILES collectors earn AIR
MILES at more than 300 leading Canadian, global and online brands
and at thousands of retail and service locations across the
country. This activity powers an unmatched data asset which along
with world-class analytics and marketing capabilities, enables
clients to accelerate their marketing activities and ROI. AIR MILES
provides collectors the flexibility and choice to use AIR MILES on
aspirational rewards such as merchandise, travel, events or
attractions or, instantly, in-store or online, through AIR MILES
Cash at participating Partner locations. For more information,
visit: airmiles.ca. Having celebrated the issuance of its 100
Billionth Mile in 2021, AIR MILES invites Canadians to visit the
Program on Facebook, Instagram and Twitter.
BrandLoyalty provides winning loyalty campaigns by connecting
high-frequency retailers, brand partners, and shoppers.
BrandLoyalty changes shoppers' behavior in high-frequency retail
worldwide - both on a transactional and emotional level. Find out
more via brandloyalty.com or on LinkedIn and YouTube.
More information about Loyalty Ventures can be found at
loyaltyventures.com.
Caution Regarding Forward-Looking
Statements
This release contains forward-looking statements within the
meaning of Section 27A of the Securities Act of 1933, as amended,
and Section 21E of the Securities Exchange Act of 1934, as amended.
Forward-looking statements give our expectations or forecasts of
future events and can generally be identified by the use of words
such as "believe," "expect," "anticipate," "estimate," "intend,"
"project," "plan," "likely," "may," "should" or other words or
phrases of similar import. Similarly, statements that describe our
business strategy, outlook, objectives, plans, intentions or goals
also are forward-looking statements. Examples of forward-looking
statements include, but are not limited to, statements we make
regarding, and the guidance we give with respect to, our
anticipated operating or financial results and future economic
conditions, including, but not limited to, changes in geopolitical
conditions, fluctuation in currency exchange rates, market
conditions and COVID-19 impacts related to reduction in demand from
clients, supply chain disruption with respect to our rewards,
disruptions in the airline or travel industries and labor shortages
due to quarantine.
We believe that our expectations are based on reasonable
assumptions. Forward-looking statements, however, are subject to a
number of risks and uncertainties that could cause actual results
to differ materially from the projections, anticipated results or
other expectations expressed in this release, and no assurances can
be given that our expectations will prove to have been correct.
These risks and uncertainties include, but are not limited to,
factors set forth in the Risk Factors section of both (1) our Form
10-K for the most recently ended fiscal year and (2) any updates in
Item 1A, or elsewhere, in our Quarterly Reports on Form 10-Q filed
for periods subsequent to such Form 10-K or any updates thereto.
Our forward-looking statements speak only as of the date made, and
we undertake no obligation, other than as required by applicable
law, to update or revise any forward-looking statements, whether as
a result of new information, subsequent events, anticipated or
unanticipated circumstances or otherwise.
SOURCE AIR MILES Reward Program