Speese appointed Rent-A-Center CEO, again

Rent-A-Center, the nation's largest rent-to-own operator, today announced that its board of directors has unanimously appointed Mark Speese as the company’s CEO, effective April 10. Speese, already chairman of the board of directors and the company’s founder and former CEO, has served as interim CEO since Jan. 9.

“As a founder, I look forward to continuing the great work underway across Rent-A-Center, in order to return the company to a position of strength,” Speese said. “Since assuming the role of Interim CEO earlier this year, we have taken decisive actions to drive operational improvements for the benefit of all Rent-A-Center stakeholders, and remain committed to improving the lives of our customers with our unique value proposition.”

[Click here for Rent-A-Center’s new strategic plan]

He served as the Company’s CEO from October 2001 until January 2014.