PROG Holdings
#5608
Rank
$1.29B
Marketcap
United States
Country
Mr. Steven A. Michaels (CEO, Pres & Director)
Mr. Curtis Linn Doman (Founder, Chief Technology & Innovation Officer and Director)
Mr. Brian J. Garner (Chief Financial Officer)
Summary
History
Aaron Rents, Inc. was founded by R. Charles Loudermilk, Sr. in 1955.In September 2008, Aaron's announced the sale of its Corporate Furnishings division to CORT Business Services, part of Berkshire Hathaway. Aaron's Corporate Furnishings division, which operated 47 stores, recorded revenues of approximately $99 million in 2007.As of December 31, 2016, Aaron's had 1,864 stores located in 28 states and the District of Columbia and Canada. In addition, they had 699 independently-owned franchised stores in 46 states and Canada.On July 29, 2020, Aaron’s Holdings Company, Inc. announced plans to split into two companies: PROG Holdings, Inc. and The Aaron’s Company, Inc. PROG Holdings, with the ticker symbol "PRG" , remained in the S&P Midcap 400 stock index but its Global Industry Classification Standard was changed to "Consumer Finance". The Aaron's Company continueed to trade under the ticker symbol "AAN" but was moved into the S&P Smallcap 600.
Mission
Vision
Key Team
Mr. Trevor Thatcher (Chief Operations Officer)
Mr. George Matt Sewell (Principal Accounting Officer & VP of Financial Reporting)
Mr. John Allen Baugh C.F.A. (VP of Investor Relations)
Mark Delcorps (Director of Corp. Communications)
Ms. Debra A. Fiori (Chief People Officer)
Mr. Ryan Ray (Pres of Lending)
Mr. Majdi Haroun (Sr. VP of Engineering)
Recognition and Awards
References
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Mr. Steven A. Michaels (CEO, Pres & Director)
Mr. Curtis Linn Doman (Founder, Chief Technology & Innovation Officer and Director)
Mr. Brian J. Garner (Chief Financial Officer)
