Rent-to-own News

Rent-to-own News - Aaron's names Ronald W. Allen President and CEO

February 22, 2012

Aaron's names Ronald W. Allen President and Chief Executive Officer

Aaron's today announced that the Board of Directors has elected interim CEO Ronald W. Allen as President and Chief Executive Officer of the Company.

Mr. Allen served as Chairman and Chief Executive Officer of Delta Air Lines from 1987 to 1997, and has been a member of the Aaron's Board since 1997.

"The Board has worked closely with Ron as interim CEO and believes he has the experience, energy and business acumen to lead Aaron's into the next era of continued growth and expansion," said R. Charles Loudermilk, Sr., Chairman of the Board.  "Ron has been an active and vital member of our Board of Directors for 15 years.  We are quite pleased with his commitment to daily involvement at Aaron's while offering his guidance and leadership as President and CEO."

"As a result of the vision and leadership of Charlie and more recently Robin Loudermilk, Aaron's has grown into the great Company it is today," said Mr. Allen.  "As I reflect on what has made Aaron's such a great success, it's clear that Aaron's 57-year heritage of industry leadership, superior business model and execution, and our experienced and motivated management team and associates are the Company's greatest assets.  I'm pleased to work alongside all of our associates to help millions of customers choose Aaron's as their specialty retailer of choice."

www.aaronsinc.com.

About APRO
The Association of Progressive Rental Organizations is the official voice of the rent-to-own industry and the most accurate and trustworthy source of rent-to-own news in the industry. Founded in 1980, APRO is the national, nonprofit trade association advocating and representing the rent-to-own industry before the U.S. Congress, state legislatures, courts, media and the public.

For more information, visit www.rtohq.org.




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RTOHQ: The Magazine is the Association of Progressive Rental Organizations' award-winning rent-to-own industry magazine, and it's available here.

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RTOHQ: The Magazine’s upgraded digital format

APRO's new, mobile-ready magazine is now available in addition to our print edition. The digital format provides the same informative content as our printed magazine, but also offers tools to make the reading experience more enriching. Access the table of contents page with one click or tap. Get additional information from advertisers by clicking on the links in their ads. The interface is easy to navigate and requires no special app—read our magazine on your computer, digital table or smartphone. Click here to access the digital version of RTOHQ: The Magazine March-April 2012.

 

 

A New Rent-to-Own Experience

by Neil Ferguson

Here’s the lowdown on APRO’s 2012 Convention and Trade Show, July 24-26 in Memphis. The RTO industry’s big event will offer many valuable experiences, including insights on how to turn your stores into “experiences”–the good kind for consumers

 

Who Is Your Competition?

by Bill Keese

In order to expand your customer base, you can learn a lot by observing your competitors. But first, you need to figure out just who they are. If you think your only competition is the rent-to-own store down the street, you’re not considering the bigger picture. APRO’s executive director offers a big-picture perspective.

 

A Review of Online Customer Complaints

by Ed Winn III

While rent-to-own companies have not cornered the market on negative reviews posted on consumer complaint websites, it’s no surprise that there are cyberspace beefs against RTO. APRO’s general counsel reviews some of them in search of a pattern and he considers appropriate response to online complaints.

 

Rent-to-Own Families, Part VIII

by Kristen Card

Our series of family-run rent-to-own businesses continues with profiles of the Homeiers in Kansas and two Texas-based sets of kindred colleagues, the Spangles and the Weisblatts.

 

 

Future issues of APRO's magazine will be available in this same new format. Click here to access past issues that are not yet archived in the new interface.

 

Association of Progressive Rental Organizations
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