RCII - Rent-A-Center, Inc.

NasdaqGS - NasdaqGS Real Time Price. Currency in USD

Rent-A-Center, Inc.

5501 Headquarters Drive
Plano, TX 75024
United States
972-801-1100
http://www.rentacenter.com

SectorIndustrials
IndustryRental & Leasing Services
Full Time Employees18,300

Key Executives

NameTitlePayExercisedYear Born
Mr. Mitchell E. FadelCEO & Director40kN/A1957
Ms. Maureen B. ShortInterim Chief Financial Officer405.12kN/A1975
Mr. Fred E. HermanExec. VP & Chief Information Officer406.54kN/A1957
Mr. Joel M. MussatCOO & Exec. VPN/AN/A1972
Mr. Christopher A. KorstExec. VP, Chief Admin. Officer & Gen. Counsel495.21kN/A1960
Amounts are as of December 31, 2017 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Rent-A-Center, Inc., together with its subsidiaries, leases household durable goods to customers on a rent-to-own basis. The company operates through four segments: Core U.S., Acceptance Now, Mexico, and Franchising. It offers durable products, such as consumer electronics; appliances; computers, including tablets; smartphones; and furniture, including accessories under rental purchase agreements. The company also provides merchandise on an installment sales basis; and offers the rent-to-own transaction to consumers who do not qualify for financing from the traditional retailer through kiosks within retailer's locations. It operates retail installment sales stores under the Get It Now and Home Choice names; and rent-to-own and franchised rent-to-own stores under the Rent-A-Centre, ColorTyme, and RimTyme names. As of December 31, 2017, the company owned and operated approximately 2,381 stores in the United States, Canada, and Puerto Rico, including 45 retail installment sales stores; 1,106 Acceptance Now staffed locations in 42 states and Puerto Rico; 125 Acceptance Now Direct locations; and 131 stores in Mexico, as well as franchised 225 rent-to-own stores in 31 states under the Rent-A-Center, ColorTyme, and RimTyme names. Rent-A-Center, Inc. was founded in 1986 and is headquartered in Plano, Texas.

Corporate Governance

Rent-A-Center, Inc.’s ISS Governance QualityScore as of November 1, 2018 is 6. The pillar scores are Audit: 2; Board: 5; Shareholder Rights: 5; Compensation: 8.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.