Rent-A-Center, Inc. Appoints Martin Evans as Executive Vice President - Chief Human Resources Officer
This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20170627005409/en/
Mr. Evans is a seasoned human resources executive, having served
recently as Chief Human Resources Officer and Executive Vice President
for
“Martin will help drive Rent-A-Center’s corporate culture and engagement
and strategically steer our coworkers forward,” said
Mr. Evans brings more than 20 years of experience shaping high
performance cultures at Fortune 500 companies. His prior roles include
Chief Human Resources Officer at
“I am excited to begin my journey at
Mr. Evans holds a Master of Business Administration from
About
A rent-to-own industry leader,
Forward-Looking Statements
This press release and the guidance above contain forward-looking
statements that involve risks and uncertainties. Such forward-looking
statements generally can be identified by the use of forward-looking
terminology such as "may," "will," "expect," "intend," "could,"
"estimate," "should," "anticipate," "believe,"
or "confident," or the negative thereof or variations thereon or
similar terminology. The Company believes that the expectations
reflected in such forward-looking statements are accurate. However,
there can be no assurance that such expectations will occur. The
Company's actual future performance could differ materially from such
statements. Factors that could cause or contribute to such differences
include, but are not limited to: the general strength of the economy and
other economic conditions affecting consumer preferences and spending;
factors affecting the disposable income available to the Company's
current and potential customers; changes in the unemployment rate;
difficulties encountered in improving the financial and operational
performance of the Company's business segments; our chief executive
officer and chief financial officer transitions, including our ability
to effectively operate and execute our strategies during the interim
period and difficulties or delays in identifying and/or attracting a
permanent chief financial officer with the required level of experience
and expertise; failure to manage the Company's store labor and other
store expenses; the Company’s ability to develop and successfully
execute strategic initiatives; disruptions, including capacity-related
outages, caused by the implementation and operation of the Company's new
store information management system, and its transition to more-readily
scalable, “cloud-based” solutions ; the Company’s ability to
successfully market smartphones and related services to its customers;
the Company's ability to develop and successfully implement virtual or
E-commerce capabilities, including mobile applications; disruptions in
the Company's supply chain; limitations of, or disruptions in, the
Company's distribution network; rapid inflation or deflation in the
prices of the Company's products; the Company's ability to execute and
the effectiveness of a store consolidation, including the Company's
ability to retain the revenue from customer accounts merged into another
store location as a result of a store consolidation; the Company's
available cash flow; the Company's ability to identify and successfully
market products and services that appeal to its customer demographic;
consumer preferences and perceptions of the Company's brand;
uncertainties regarding the ability to open new locations; the Company's
ability to acquire additional stores or customer accounts on favorable
terms; the Company's ability to control costs and increase
profitability; the Company's ability to retain the revenue associated
with acquired customer accounts and enhance the performance of acquired
stores; the Company's ability to enter into new and collect on its
rental or lease purchase agreements; the passage of legislation
adversely affecting the Rent-to-Own industry; the Company's compliance
with applicable statutes or regulations governing its transactions;
changes in interest rates; adverse changes in the economic conditions of
the industries, countries or markets that the Company serves;
information technology and data security costs; the impact of any
breaches in data security or other disturbances to the Company's
information technology and other networks and the Company's ability to
protect the integrity and security of individually identifiable data of
its customers and employees; changes in the Company's stock price, the
number of shares of common stock that it may or may not repurchase, and
future dividends, if any; changes in estimates relating to
self-insurance liabilities and income tax and litigation reserves;
changes in the Company's effective tax rate; fluctuations in foreign
currency exchange rates; the Company's ability to maintain an effective
system of internal controls; the resolution of the Company's litigation;
and the other risks detailed from time to time in the Company's
View source version on businesswire.com: http://www.businesswire.com/news/home/20170627005409/en/
Source:
Rent-A-Center, Inc.
Maureen Short, 972-801-1899
Interim
Chief Financial Officer
maureen.short@rentacenter.com