Rewards Network announces CEO transition as Edmond Eger retires and becomes executive chairman; longtime president Stephen Fusco steps into the CEO role to continue driving growth and partner expansion.
Edmond Eger Retires as CEO; Succeeded by Stephen Fusco
CHICAGO, Jan. 14, 2026 /PRNewswire-91看片/ -- Today鈥痶he board of directors of Rewards Network庐,鈥痑 leading technology platform powering loyalty and data-driven marketing solutions for restaurants,鈥痑nnounced that Edmond Eger, Rewards Network's longtime鈥疌EO, will retire from his position effective鈥疛anuary 1, 2026. He will continue to serve鈥疪ewards Network鈥痠n the role of executive鈥痗hairman鈥痮f the board,鈥痑ssisting鈥痺ith鈥痑鈥疌EO transition and strategic鈥痯rojects. Mr. Eger鈥痺ill be succeeded by鈥疭tephen Fusco, who has been serving as鈥痯resident鈥痵ince 2018.鈥赌�
Mr. Eger鈥痡oined鈥疪ewards Network as CEO as part of鈥痶he鈥�疷nder his leadership, Rewards Network鈥痟as鈥痑ccomplished tremendous growth鈥�斺�痶ripling鈥痠ts active members by expanding its partner portfolio鈥痶o include the largest brands and fastest-growing innovators in the U.S. loyalty space鈥痺hile鈥痙oubling鈥痶he number of restaurants in its network.鈥疐inancially, the business has achieved鈥痑 300% increase in revenue and鈥痑 400% increase in鈥痯rofitability.鈥�
Mr. Fusco joined Rewards Network鈥痠n 2018鈥痑s president under Mr. Eger.鈥疢r. Fusco鈥痳evamped the鈥痙istribution team鈥痑nd鈥痺as responsible for鈥痙riving the growth鈥痠n the鈥痭etwork of restaurants.鈥疕e鈥痑lso led鈥痶he expansion鈥痮f loyalty partners鈥痑cross many鈥痩eading鈥痗onsumer brands. Prior to鈥疪ewards鈥疦etwork, Mr. Fusco held鈥痭umerous鈥痚xecutive roles at PayPal, including鈥痝lobal sales and strategic partnerships.鈥疨reviously,鈥痟e served in various roles of increasing responsibility at Citigroup after beginning his career as an officer in the United States Marine Corps.鈥�
Former鈥痗hairman鈥痮f the board鈥痑nd lead independent director鈥疭teve Freiberg鈥痵tated,鈥�"Ed鈥疎ger鈥痟as鈥痓een鈥痯henomenal鈥痑s CEO,鈥痵etting鈥痑鈥痗lear鈥痵trategic direction,鈥痓uilding鈥痑鈥痺inning team,鈥痑nd鈥痗reating a world-class鈥痙ata and鈥痶echnology platform. Even during the鈥痗hallenging鈥痯eriod of COVID-19, Ed's confidence and clarity kept the team intact and the business driving forward,鈥痚stablishing鈥疪ewards Network鈥痑s鈥痶he undisputed leader in鈥痮ur sector. The board thanks Ed for his鈥痚xceptional鈥痗ommitment鈥痶o Rewards Network over the last eight years and for preparing鈥疭teve Fusco鈥痜or a seamless transition. We look forward to鈥疎d's鈥痗ontinued involvement as executive鈥痗hairman鈥痮f the board of directors."鈥�
"This is an ideal time for a CEO transition," said Mr. Eger.鈥�"Our company is in an excellent鈥痯osition strategically, competitively,鈥痮perationally,鈥痑nd financially. I want to thank鈥痶he鈥痬anagement team and our entire workforce, which is second to none, for their hard work and dedication to our mission of鈥痙riving鈥痜ull-price-paying diners into local, independent restaurants. I look forward鈥痶o working鈥痗losely with鈥疭teve鈥痮n the鈥痗ompany's鈥痵trategic鈥痸ision, interacting with our customers and鈥痯artners to ensure鈥痶he鈥痗ontinued鈥痝rowth and success of鈥疪ewards鈥疦etwork. I have confidence that under鈥疭teve's鈥痩eadership, the team will capitalize on our many market opportunities and extend our leadership position."鈥�
"I want to thank Ed for his leadership and partnership," said Mr. Fusco.鈥�"With over 21,000 local, independent restaurant customers and 25 million enrolled cardmembers,鈥疪ewards鈥疦etwork is firmly established鈥痑s the leading provider of loyalty marketing solutions in this space. I look forward to鈥痺orking with the board and鈥痶he鈥痬anagement鈥痶eam鈥痶o鈥痓uild on this momentum,鈥痯owering card-linked offer programs鈥痜or some of the world's largest loyalty brands."鈥�
As Rewards Network continues to grow, the company is investing in several key鈥痑reas including鈥痶echnology,鈥痮perations, and sales. For a full list of career opportunities,鈥痸isit鈥�.鈥赌�
About Rewards Network鈥��
Rewards Network is a leading provider of marketing and financing solutions that鈥痟elp鈥痳estaurants attract and鈥痳etain鈥痗ustomers through powerful rewards programs. The company powers some of the largest dining rewards programs in the United States, connecting restaurants with millions of engaged diners through partnerships with many of the largest consumer brands in travel, consumer apps, and financial services. Rewards Network's unique platform combines data-driven marketing, enterprise-quality analytics, customer insights, and flexible funding solutions to help restaurants grow their business. For more information, visit鈥�.鈥�
Media Contact
Alyssa Chapman, Rewards Network, 1 800 617 6067, [email protected], rewardsnetwork.com
SOURCE Rewards Network
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