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Rent-A-Center Inc. (RCII)

On Feb 9: 21.81 USD   0.00 (0.00%)  
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Rent-A-Center Inc.
5501 Headquarters Drive
Plano, TX 75024
Phone: 972-801-1100
Fax: 972-943-0113
Web Site: http://www.rentacenter.com

DETAILS
Index Membership: S&P 400 MidCap
S&P 1500 Super Comp
Sector: Services
Industry: Rental & Leasing Services
Employees (last reported count): NaN

BUSINESS SUMMARY
Rent-A-Center, Inc., together with its subsidiaries, offers household durable products under rental purchase agreements that allow the customer to obtain ownership of the merchandise at the conclusion of an agreed upon rental period. The company operates stores under Get It Now, Home Choice, and Rent-A-Centre names to offer household durable goods on an installment sales basis and on a rent-to-own basis. It offers consumer electronics, such as high definition televisions, home theatre systems, video game consoles, and stereos; appliances, including refrigerators, washing machines, dryers, and freezers; personal and laptop computers; furniture products, including dining room, living room, and bedroom furniture; and accessories, such as pictures, lamps, and tables. The company also offers various financial services, such as short term secured and unsecured loans, debit cards, and check cashing and money transfer services under the trade name RAC Financial Services. As of December 31, 2008, it operated 3,037 company-owned stores in the United States, Canada, and Puerto Rico, including 31 retail installment sales stores and 8 rent-to-own stores in Canada. Rent-A-Center, Inc., through its subsidiary, ColorTyme, Inc., also had 222 franchised rent-to-own stores in the United States. The company was founded in 1986 and is headquartered in Plano, Texas.
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    OFFICERS
      Pay Exercised
    Mr. Mark E. Speese , 52
    Chairman and Chief Exec. Officer
    $ 1.21M $ 0
    Mr. Mitchell E. Fadel , 52
    Pres, Chief Operating Officer
    $ 685.00K $ 0
    Mr. Robert D. Davis , 38
    Chief Financial Officer, Principal Accounting Officer, Exec. VP of Fin. and Treasurer
    $ 471.00K $ 0
    Mr. Christopher A. Korst , 50
    Exec. VP of Operations
    $ 398.00K $ 0
    Mr. Robert “Bob” Bloom , 58
    Chief Exec. Officer of ColorTyme Inc and Pres of ColorTyme Inc
    N/A N/A
    Dollar amounts are as of 31-Dec-08 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.
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