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United Kingdom

Rent-A-Center Inc (RCII.OQ)

RCII.OQ on NASDAQ Stock Exchange Global Select Market

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18 Oct 2018
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Summary

Name Age Since Current Position

J. Lentell

79 2017 Independent Chairman of the Board

Mitchell Fadel

60 2017 Chief Executive Officer, Director

Maureen Short

43 2018 Interim Chief Financial Officer, IR Contact Officer

Christopher Korst

57 2014 Executive Vice President, Chief Administrative Officer, General Counsel

Fred Herman

61 2018 Executive Vice President, Chief Information Officer

Ann Davids

35 2018 Executive Vice President, Chief Marketing Officer

Christopher Crocker

46 2017 Executive Vice President — Acceptance of the company

Catherine Skula

46 2018 Executive Vice President — Franchising

James York

48 2016 Executive Vice President - RTO Domestic

Jeffrey Brown

57 2017 Independent Director

Michael Gade

66 2005 Independent Director

Christopher Hetrick

39 2017 Independent Director

Biographies

Name Description

J. Lentell

Mr. J. V. Lentell serves as Independent Chairman of the Board of the Company. Mr. Lentell joined the Rent-A-Center Board in 1995. During his service on the Rent-A-Center Board, including as Lead Director from April 2009 until January 2014, Mr. Lentell has demonstrated clear and effective leadership to the Board and the Company’s management. Mr. Lentell’s service on the Board’s committees during his tenure provides him with a deep understanding of the Company and its growth, which the Company believes contributes a useful frame of reference in the context of Board deliberations. In addition to Mr. Lentell’s 50-plus years of experience in the banking industry, which has been useful to the Company when evaluating its capital needs, his experience as a board member of various private companies and civic and charitable organizations, including service on the audit, finance, compensation and governance committees of such organizations (in some cases as the chairman), provides the Board and its committees with significant insight into compensation, governance and risk management matters. Since July 1993, Mr. Lentell has served as a director and Vice Chairman of the Board of Directors of Intrust Bank, N.A., successor by merger to Kansas State Bank & Trust Co. Mr. Lentell was employed by Kansas State Bank & Trust Co., in Wichita, Kansas from 1966 until July 1993, serving as Chairman of the Board from 1981 until July 1993.

Mitchell Fadel

Mr. Mitchell E. Fadel is Chief Executive Officer, Director of Rent-A-Center, Inc. He was self-employed prior to joining the Company after most recently serving as President – U.S. Pawn for EZCORP, Inc., a leading provider of pawn loans in the United States and Mexico, from September 2015 to December 2016. Prior to that, Mr. Fadel served as President of the Company (beginning in July 2000) and Chief Operating Officer (beginning in December 2002) each until August 2015, and also as a director of the Company from December 2000 to November 2013. From 1992 until 2000, Mr. Fadel served as President and Chief Executive Officer of the Company’s subsidiary Rent-A-Center Franchising International, Inc. f/k/a ColorTyme, Inc. Mr. Fadel’s professional experience with the Company also includes previously serving as a Regional Director and a District Manager.

Maureen Short

Ms. Maureen B. Short is Interim Chief Financial Officer of the Company. She served as Senior Vice President – Finance, Investor Relations and Treasury since November 2014, as Senior Vice President – Finance, Analytics and Reporting from March 2013 until November 2014, and as Vice President – Finance, Analytics and Reporting from August 2010 until March 2013.

Christopher Korst

Mr. Christopher A. Korst is Executive Vice President, Chief Administrative Officer, General Counsel of Rent-A-Center Inc. Previously, Mr. Korst served as Executive Vice President – Domestic Operations from May 2012 to December 2013, as our Executive Vice President – Operations from January 2008 until April 2012, and as our Senior Vice President – General Counsel from May 2001 to January 2008. Mr. Korst also served as our Secretary from September 2004 until January 2008. From January 2000 until May 2001, Mr. Korst owned and operated AdvantEdge Quality Cars, which he acquired in a management buyout.

Fred Herman

Mr. Fred E. Herman is Executive Vice President, Chief Information Officer of the company, since march 2018. he served as Executive Vice President – Accounting and Global Controller. Mr. Herman served as the Chief Risk and Compliance Officer from May 2011 until December 2013, as the Vice President of Internal Audit from January 2005 until May 2011 and as the Director of Internal Audit from April 2003 until January 2005. From 1980 to 2003, Mr. Herman worked in public accounting and in internal audit with several public companies.

Ann Davids

Ms. Ann L. Davids. is the Executive Vice President, Chief Marketing Officer of the company,effective as of February 21, 2018. Mrs. Davids was appointed to the office of Vice President and Director of Advertising in February of 1998 and she left the Company in 1998. From April 1995 to February 1998, Mrs. Davids was a senior account executive for John F. Bagwell, Inc. DBA Bagwell Agency, devoting the majority of her time to managing the Renters Choice, Inc. advertising account. From May 1994 to April 1995, Mrs. Davids was the National Advertising Director for Crown Leasing Corporation, a company acquired by Renters Choice, Inc. in April 1995. Prior to serving as Crown's National Advertising Director, Mrs. Davids was employed with Crown in various capacities from January 1990. Mrs. Davids received a Bachelors degree from Texas A&M University, Texarkana in 1994.

Christopher Crocker

Mr. Christopher P. Crocker is the Executive Vice President — Acceptance of the company , effective November 13, 2017. Mr. Crocker previously served as Division Vice President — Acceptance Now since August 2011.

Catherine Skula

Ms. Catherine M. Skula is Executive Vice President -Franchising of the company, effective as of January 1, 2018, after previously serving as Senior Vice President — Franchising since January 2012. From August 2009 to January 2012, Ms. Skula served as Division Vice President — RTO Domestic. Ms. Skula began her employment with us in 1994 as a customer account representative

James York

Mr. James E. York is Executive Vice President - RTO Domestic of the Company, effective July 14, 2016. Mr. York began his employment with us in 1994 as a customer account representative. Before being promoted to Divisional Vice President, Mr. York held the positions of Assistant Manager, Store Manager, District Manager and Regional Director.

Jeffrey Brown

Mr. Jeffrey J. Brown is the Independent Director of the company, since 2017.Mr. Brown is the Chief Executive Officer and founding member of Brown Equity Partners, LLC, which provides capital to management teams and companies needing equity. Mr. Brown’s venture capital and private equity career spans 30 years, including positions with Hughes Aircraft Company, Morgan Stanley & Company, Security Pacific Capital Corporation and Bank of America Corporation. Since June 2015, Mr. Brown has served as the Lead Director of Medifast, Inc., where he also serves as a member of each of the Audit and Mergers & Acquisitions Committees. Mr. Brown also serves as a director of Fieldstone Homes. Mr. Brown previously served as a director of Outerwall Inc., Midatech Pharma PLC, and Nordion, Inc. Mr. Brown brings to the Board extensive public and private company board experience and significant transactional expertise.

Michael Gade

Mr. Michael J. Gade is Independent Director of the Company. Since 2004, Mr. Gade has been an Executive in Residence at the University of North Texas as a professor of marketing and retailing. Mr. Gade also serves as a strategic advisor to The Boston Consulting Group. A founding partner of Challance Group, LLP, Mr. Gade has over 30 years of marketing and management experience, most recently serving as senior executive for the southwest region of Home Depot, Inc. from 2003 to 2004. From 2000 to 2003, Mr. Gade served as Senior Vice President, Merchandising, Marketing and Business Development for 7-Eleven, Inc. From 1995 to 2000, Mr. Gade was employed by Associates First Capital Corporation as Executive Vice President, Strategic Marketing and Development. Prior to 2000, Mr. Gade was a Senior Partner and Chairman of the Retail Consumer Product Practice at Coopers & Lybrand (now part of PricewaterhouseCoopers). Mr. Gade also serves on the Board of Directors of The Crane Group.

Christopher Hetrick

Mr. Christopher B. Hetrick is the Independent Director of the company, since 2017. Mr. Hetrick has been the Director of Research at Engaged Capital, a California based investment firm and registered advisor with the U.S. Securities and Exchange Commission focused on investing in small and mid-cap North American equities, since September 2012. Prior to joining Engaged Capital, Mr. Hetrick worked at Relational Investors LLC (“Relational”), a $6 billion activist equity fund, from January 2002 to August 2012. Mr. Hetrick began his career with Relational as an associate analyst. He eventually became the firm’s senior consumer analyst overseeing over $1 billion in consumer sector investments. Prior to his work heading up the consumer research team, Mr. Hetrick was a generalist covering major investments in the technology, financial, automotive and food sectors. We believe that Mr. Hetrick’s extensive investment experience in a broad range of industries as well as his expertise in corporate strategy, capital allocation, executive compensation, and investor communications well qualifies him to serve on our Board.

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