Points Announces Departure of Chief Financial Officer
Points (TSX:PTS) (Nasdaq:PCOM), today announced that Anthony Lam, Vice President and Chief Financial Officer will depart the Company effective November 20, 2015, in order to pursue other opportunities.
Rob MacLean, Chief Executive Officer, said, "Since joining Points in 2007, Anthony has been an important member of the team. Anthony has led our finance and accounting organization, including legal and investor relations, during a period of rapid growth and played a central role in taking the company public on NASDAQ. I want to thank Anthony for his dedication and commitment to Points and wish him continued success in his future endeavors."
Points has initiated a comprehensive search for a permanent replacement and has engaged an interim CFO to ensure an orderly transition period.
Points, publicly traded as Points International Ltd. (TSX:PTS)(Nasdaq:PCOM), provides loyalty eCommerce and technology solutions to the world's top brands to power innovative services that drive increased loyalty program revenue and member engagement. With a growing network of over 50 global loyalty programs integrated into its unique Loyalty Commerce Platform, Points offers three core private or co-branded services: its Buy Gift and Transfer service retails loyalty points and miles directly to consumers; its Points Loyalty Wallet service offers any developer transactional access to dozens of loyalty programs and their hundreds of millions of members via a package of APIs; and its Points Travel service helps loyalty programs increase program revenue from hotel bookings, and provides more opportunities for members to earn and redeem loyalty rewards more quickly. Points is headquartered in Toronto with offices in San Francisco and London.