| Business Summary | | MemberWorks,
Inc.,
doing
business
as
CardMember
Publishing
Corporation,
designs
and
manages
membership
programs
providing
benefits
to
members,
organizations
offering
the
programs,
and
vendors
whose
products
and
services
are
offered
through
the
programs.
The
Company
addresses
the
needs
of
organizations
seeking
to
leverage
the
expertise
of
an
outside
provider
in
offering
these
programs.
Clients
also
benefit
because
the
programs
are
designed
to
strengthen
the
relationship
between
clients
and
their
customers.
Members
save
time
by
purchasing
goods
and
services
and
obtaining
information
over
the
telephone
or
the
Internet.
Members
also
benefit
because
the
vendors
agree
to
allow
discounts
on
products
and
services
not
generally
available
to
non-members.
The
Company's
programs
are
marketed
to
customers
through
arrangements
with
its
client
organizations
including
banks,
retailers,
oil
companies,
mortgage
companies,
direct
response
television
companies,
catalog
companies
and
e-commerce
companies. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | MBRS
provides
innovative
membership
service
programs
that
address
the
needs
of
organizations
seeking
to
leverage
the
expertise
of
an
outside
provider
in
offering
programs
to
enhance
relationships
between
businesses
and
customers.
For
the
fiscal
year
ended
6/30/01,
revenues
rose
44%
to
$475.7
million.
Net
loss
before
act'g
change
totaled
$26.8
million
vs.
an
income
of
$10.3
million.
Results
reflect
strong
growth
of
membership
base
and
program
fees,
offset
by
higher
marketing
expenses. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Gary Johnson, 45 Pres,
CEO | $492K | James Duffy, 46 Exec.
VP, CFO | 418K | Dennis Walker, 55 Exec.
VP | 278K | David Schachne, 39 Exec.
VP, New Bus. Devel. | 442K | Matthew Donaldson, 43 Sr.
VP of Marketing | 225K | Dollar amounts are as of 30-June-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|