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From Home Furnishing Business

Aaron’s Names CEO

John Robinson has been named chief executive officer of lease-to-own retailer Aaron’s. Robinson will also become a member of the company’s board of directors.

Robinson, who had been executive vice president and CEO of Progressive Leasing, succeeds Gil Danielson who has been the company’s interim CEO. Danielson remains executive vice president and chief financial officer for the company.

“The board and management team worked closely with John throughout the past year, before, during and after the acquisition of Progressive,” said Ray Robinson, chairman of the board. “His experience in the RTO industry and his vision for positioning Aaron's for continued success will help drive the Company forward as we leverage our broad retail footprint, our leadership in virtual RTO and our strong franchisee relationships."

Under Robinson's leadership, Progressive Leasing has experienced exceptional growth. The company's annual revenue has increased from approximately $228 million when he joined in 2012 to close to $700 million expected in 2014.

"Aaron's is working hard on creating the best RTO experience available for our customers," said John Robinson. "I'm energized and look forward to continuing the work that we've already begun to meet our customers' changing needs through a fully-developed omni-channel platform. We are making good progress on our goals and continue to focus on driving improved results for shareholders."



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