MyPoints Still Unsold; Hiring?

February 26, 2006 · 0 comments

Is UAL still planning to sell MyPoints? A January 24th email from them indicated that they were… but today’s Chicago Tribune announced MyPoints’ hiring of a new vice president of national sales. It continued to describe MyPoints as a subsidiary of UAL Loyalty Services, so obviously they have not yet sold the company.
Conflicting messages? Maybe not. Even a sinking ship needs someone at the helm… at least until a sale is arranged. The fact that the position was open in the first place indicates that key staff are already finding work elsewhere. If their employees don’t have faith in the company’s continued prosperity, why should we members?
This sale is dragging on way too long. Makes you wonder if perhaps they’re having trouble finding a buyer.
The saga continues.

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