MONTREAL--(BUSINESS WIRE)--FANBOX, an industry leader in customer retention programs, gift card platforms and shopper engagement technologies, is pleased to announce Lorne Schwartz has been appointed to the position of President and Chief Executive Officer, effective immediately.
“I’m really proud and excited to join this talented team and look forward to contributing to the continued success of our customers as well as the progression of our software platform,” said Lorne Schwartz, President and CEO of FANBOX. “The loyalty space is red hot and FANBOX is the only company in the marketplace that can deliver loyalty, gift cards, couponing and token-based programs all within the same platform. Our product development plans to integrate mobility, social media and Business Intelligence will not only set new industry standards, it will solidify our position in the space and absolutely captivate the market.”
Prior to joining FANBOX, Mr. Schwartz held the position of President and CEO of TradeInsight, an industry-leading Trade Promotion Management (TPM) software provider. Under his leadership, the company was transformed into a Software-as-a-Service provider and increased its client roster by over 300 percent. During Mr. Schwartz’s tenure, TradeInsight was widely adopted across North America and recognized as a top TPM technology solution and service provider by Consumer Goods Technology Magazine four years in a row. In 2011, TradeInsight was named one of Montreal’s Top 20 Employers and secured more new business deals than its next two competitors combined.
His previous endeavor included the 2004 launch of e-Finitive Systems, a software developer of document imaging solutions. Upon selling the business in 2008, Mr. Schwartz served as the company’s Executive Vice President of Sales and Marketing where he doubled the company’s revenue in 18 months. At the age of 25, Mr. Schwartz founded Momentum Business Systems, which under his leadership grew to 130 employees, was included among Canada’s Top 100 Employers and became one of the dominant Travel Expense Management software companies in North America.
About FANBOX
FANBOX is a North American leader in
relational technologies and loyalty programs. FANBOX enables
retailers to obtain real-time customer and product level information
needed to deliver customized and targeted offers to its client base. The
company’s patent pending MS2 platform is simple to interface, scalable
for growth, secure for financial transactions and captures real-time,
SKU-based data. FANBOX solutions rely upon the MS2 platform and
are built on three pillars: loyalty programs, gift cards or pre-paid
cards and token-based payment solutions. For more information about FANBOX,
visit http://www.fanbox.net.
