Affinion Announces Leadership Change
Former Affinion Executive Gregory Miller to Return as Chief Financial Officer
STAMFORD, Conn., Dec. 19, 2013
STAMFORD, Conn., Dec. 19, 2013 /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 that Mark Gibbens,
the Company's Chief Financial Officer, is leaving Affinion before the end of
the year and that Gregory Miller, currently Senior Vice President Financial
Planning and Divisional Operations at the Madison Square Garden Company, will
rejoin Affinion as its Executive Vice President and CFO effective January
20^th. Mr. Miller has more than 11 years of previous experience with the
Company, most recently as the Chief Financial Officer for Affinion North
Upon the successful conclusion of the Company's recent debt offering, Mr.
Gibbens determined this would be an appropriate time for him to pursue
opportunities outside of Affinion that would fully leverage his experiences in
strategy, investing, the capital markets and financing.
"We are extremely grateful to Mark for the contributions he made, which
included supporting our strategic initiatives and resolving the near-term
needs of our capital structure, as the recent closing of our debt exchange
provides us with substantial flexibility in managing, diversifying and
investing in our business over the next few years," said Todd H. Siegel,
Affinion's Chief Executive Officer. "At the same time, we couldn't be more
pleased to welcome Greg back to Affinion at this particular time, as his
proven ability in guiding the development of new initiatives and his extensive
familiarity with our businesses allows him to hit the ground running at full
Mr. Miller joined Affinion in 1999 and through 2011 he participated in
increasing levels of responsibilities across a wide spectrum of financial
functions, including accounting, reporting, capital planning and related
financing activities, mergers and acquisitions, sales decision support and
financial planning and analysis. During his time with Affinion, Mr. Miller
directly supported each of the Company's North American lines of business,
including Loyalty, Insurance and Package and Membership, and collaborated
extensively with the International team in the development of company-wide
consolidated forecasts and financial models.
"Affinion has grown significantly since I originally joined, but what is
particularly exciting to me are the opportunities ahead of us in the upcoming
months and years," said Miller. "I'm looking forward to reuniting with my
colleagues as we work together to build an even stronger, more diversified and
more global business."
In 2011, Mr. Miller left Affinion to join the Madison Square Garden Company,
where he was responsible for the financial planning and forecasting of a $1.3
billion sports, media and entertainment business.
Prior to joining Affinion, Mr. Miller worked as a staff accountant at Coopers
& Lybrand and had financial reporting and/or analytical roles with the
Coca-Cola Bottling Company of New York as well as Citizens Communications.
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 5,740 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 4,300 employees and has marketing capabilities in 19
countries globally. Affinion holds the prestigious ISO 27001 certification for
the highest information security practices, is PCI compliant and Cybertrust
certified. For more information, visit www.affinion.com.
SOURCE Affinion Group, Inc.
Contact: James Hart, Affinion Group, (203) 956-8746, firstname.lastname@example.org
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