Rent-A-Center announces new CEO

|By:, SA News Editor

Rent-A-Center (NASDAQ:RCII) announced that COO Mitchell Fadel is being promoted to be the company's new CEO,

Fadel’s appointment follows Mark Speese’s decision to resign as CEO.

Rent-A-Center also reiterated its commitment to undergo a strategic review process with a goal to maximize shareholder value.

Source: Press Release

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