Rent-A-Center, Inc. announced that Mitchell E. Fadel, the company's former President and Chief Operating Officer and a current member of its Board of Directors, has been appointed as Chief Executive Officer, effective immediately. Mr. Fadel's appointment follows Mark E. Speese's decision to resign as CEO. Mr. Fadel will continue his role as a member of the Board. Mitchell E. Fadel most recently served as President - U.S. Pawn for EZCORP, Inc.
Upbound Group, Inc. is a lease-to-own provider with operations in the United States, Puerto Rico, and Mexico. The Company operates through four segments: Acima, Rent-A-Center, Mexico, and Franchising. Acima segment generally offers lease-to-own transactions to consumers who do not qualify for traditional financing. Rent-A-Center Business segment consists of the Company-owned lease-to-own stores in the United States and Puerto Rico. The segment operates 1,839 company owned stores in the United States and Puerto Rico, including 52 retail installment sales stores under the names Get It Now and Home Choice. The segment operates approximately 131 stores in Mexico. The stores in its Franchising segment use its Rent-A-Center, ColorTyme or RimTyme trade names, service marks, trademarks, and logos. The segment franchises approximately 440 stores in 30 states operating under the Rent-A-Center (392 stores), ColorTyme (18 stores) and RimTyme (37 stores) trade names.
UPBOUND GROUP, INC. 
