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Alliance Data company history timeline

1996

Alliance Data was formed from the December 1996 merger of two entities: J.C. Penney's credit card processing unit and The Limited's credit card bank operation, named World Financial Network National Bank.

The company was founded in 1996 and is headquartered in Plano, TX.“

1998

In August 1998, Alliance Data acquired LoyaltyOne, then-branded The Loyalty Group Canada, for $250 million.

2007

In May 2007, The Blackstone Group, a private equity firm, announced plans to acquire Alliance Data.

2008

In April 2008, Alliance Data terminated the merger agreement with Blackstone Affiliates.

2009

Charles Horn joined Alliance Data in 2009 as Executive Vice President and Chief Financial Officer, after holding similar finance leadership positions with Builders Firstsource, Inc., and Pier 1 Imports, Inc.

2010

He joined the company in 2010 as Treasury & Corporate Development Vice President, with responsibility for Alliance Data’s global M&A growth strategy, including strategy formulation, target identification and transaction execution.

2015

Joe Motes joined Alliance Data in 2015, after nearly 20 years with leading law firm Akin, Gump, Strauss, Hauer & Feld, LLP, where he was the partner and lead relationship manager for Alliance Data.

2019

Joe was promoted to chief administrative officer in June of 2019, where he oversees a number of the Company’s internal corporate functions and organizations in addition to his continuing responsibilities as general counsel and secretary.

On June 7, 2019, Ed Heffernan resigned as CEO of Alliance Data and was replaced by Melisa Miller, who previously ran Alliance Data's Card Services division.

2020

Val joined Alliance Data in June 2020 as the Chief Commercial Officer of Alliance Data Card Services.

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Alliance Data history FAQs

Zippia gives an in-depth look into the details of Alliance Data, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Alliance Data. The employee data is based on information from people who have self-reported their past or current employments at Alliance Data. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Alliance Data. The data presented on this page does not represent the view of Alliance Data and its employees or that of Zippia.

Alliance Data may also be known as or be related to ADS Alliance Data Systems Inc, ADS Alliance Data Systems, Inc., Alliance Data, Alliance Data Systems, Alliance Data Systems Corp., Alliance Data Systems Corporation and Bread Financial Holdings, Inc.