Aaron's announces CEO Ron Allen's retirement
Aaron's, Inc., a lease-to-own retailer, announced that Ronald W. Allen is retiring as the company's CEO and as a member of the company's board of directors, effective August 31, 2014.
Mr. Allen has been on the Aaron's board since 1997, served as interim CEO of the Company from November 2011 to February 2012, and was formally named President and CEO in February 2012.
Prior to joining Aaron's, Mr. Allen served as Chairman and Chief Executive Officer of Delta Air Lines from 1987 to 1997. He has been a Director of The Coca-Cola Company since 1991. Mr. Allen also served as a director of Interstate Hotels & Resorts. ■