Aaron's Allen to Retire
August 6, 2014,
ATLANTA-Ron Allen, CEO of Aaron's, will retire on Aug. 31.
On that date, the 72-year-old Allen will also leave his post on the retailer's board of directors. The board has retained Spencer Stuart, an executive recruiting firm, to assist in the search for Allen's successor. According to an Aaron's statement, "The search process will include a full review of both internal and external candidates."
Prior to joining the board, Allen was chairman and CEO of Delta Airlines.
Robinson said, "Under (Allen's) leadership, we have strengthened our management team and operating practices and procedures, and believe the corporate infrastructure is now in place to enable Aaron's to build on its strong foundation for growth."
Other Articles By Author
Von Tobel Cites Brass Textures Among Top Trends
HFN's DIGITAL EDITION
2017 State of the Industry Report
Cautious Optimism, Mixed Results
Many expected 2016 would be a banner year, but the political and economic climate softened consumer confidence. It was also a year consumers spent more lavishly on home remodeling rather than decorating.
ALSO IN THIS ISSUE:
- TJX Unveils First U.S. Homesense Store - In a time when retailers are reducing store counts, TJX continues to get physical.
- Ikea’s Fluid Spaces - The retailer’s new intros reflect multifunctional rooms.
- N.Y. Home Fashions Market Preview - Textile textures get soft and cozy, colors warmer.