Points Names Michael D'Amico Chief Financial Officer
Served as Interim CFO Since November 2015; Investor Relations Activities Updated
Points (TSX:PTS) (Nasdaq:PCOM), the global leader in loyalty currency management, is pleased to announce it has appointed Michael D'Amico as Chief Financial Officer. Michael had be acting as interim CFO since November 2015.
"After an extensive search we are excited that Michael will be staying on as CFO of Points," said Rob MacLean, CEO. "His combination of experience in public companies and financial operations has been a real asset to us from the start and we are looking forward to leveraging Michael's skills as we continue to grow aggressively and expand our business globally."
Michael is a former Audit and Computer Audit Partner at KPMG and served as CFO of several public and private organizations in various sectors covering technology, distribution, manufacturing and resources. In addition, he helped to grow and run a successful resource focused investor relations company, including capital fundraising and corporate communications. Michael brings a breadth and depth of experience to his role at Points.
In conjunction with this appointment, the Company is also announcing changes to its investor relations strategy. Christopher Barnard, President will be assuming increased IR responsibilities. "Since co-Founding the business with him, Christopher and I have worked in tandem to build Points to where we are today and I believe Christopher will be a compelling voice for us in the investment community as we enter into a new phase of our Platform strategy. Additionally, I'm looking forward to spending more focused time on product and business development," commented MacLean.
Points is also pleased to announce that it has appointed a new Investor Relations firm, ICR. A leading strategic communications and advisory firm, ICR's Technology practice has a specific focus on both Software and Internet & Ecommerce and, as a firm, has more than 150 cumulative years of senior level experience covering the technology sector on both the sell-side and buy-side.
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.
Established in 1998, ICR partners with companies to optimize transactions and execute strategic communications programs that achieve business goals, build credibility and enhance long-term enterprise value. The firm's highly differentiated service model, which pairs capital markets veterans with senior communications professionals, brings deep sector knowledge and relationships to more than 500 clients in approximately 20 industries. Today, ICR is one of the largest and most experienced independent communications and advisory firms in North America maintaining offices in New York, Norwalk, Los Angeles, Boston, San Francisco and Beijing.