The Futura Loyalty Group Inc.

The Futura Loyalty Group Inc.

October 01, 2010 11:07 ET

Futura Appoints New Chief Financial Officer

TORONTO, ONTARIO--(Marketwire - Oct. 1, 2010) - The Futura Loyalty Group Inc. (TSX VENTURE:FUT) ("Futura") today announced that David Campbell has been appointed to the position of Chief Financial Officer ("CFO"). Mr. Campbell will assume the role from Darryl Kleebaum who has been the CFO of the Company since October, 2007.

Mr. Campbell has been CFO of three early stage technology companies over the last 12 years, each of which he helped take public. Most recently he was a managing partner of Belweather Capital Partners Inc., a Toronto based early stage investment fund and advisory services firm. Mr. Campbell has a degree in Honours Business Administration at Richard Ivey School of Business and holds the Chartered Financial Analyst designation. 

Mr. Campbell joined Futura in January 2007 when he became a board member and chair of the audit committee. He will remain as a board member, but will relinquish his position on the audit committee. Jon Gill, who is currently a member of the audit committee, will assume the role of chair alongside other members Jeffrey Mandel and Ted Dzialowski.

"David is an experienced financial professional and business operator, and I am very pleased that he is joining us as CFO," said Mark Farrell, President and CEO of Futura. "On behalf of the board of directors, management and staff, I would like to thank Darryl for his dedication and help in guiding the company in his capacity as CFO. We wish Darryl all the best in his future endeavours."

About The Futura Loyalty Group Inc.

The Futura Loyalty Group markets a suite of coalition rewards programs to mid size retail and service businesses nationally. Currently the two programs being offered are Futura Rewards®, a proprietary cash rewards program, as well as Aeroplan. The company also licenses its proprietary technology solutions to companies and organizations looking to operate private label rewards programs.

(TM) Trademark of The Futura Loyalty Group Inc. 

The TSX-Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.

Contact Information