Upbound Group, Inc. (RAC.F)

30.20 -0.20 (-0.66%) At close: 08:12AM CEST

Upbound Group, Inc.

5501 Headquarters Drive
Plano, TX 75024
United States
972 801 1100
https://www.upbound.com

Sector(s): Technology
Industry: Software - Application
Full Time Employees: 12,970

Key Executives

Name	Title	Pay	Exercised	Year Born
Mr. Mitchell E. Fadel	CEO & Director	3.05M	N/A	1957
Mr. Fahmi Karam	Executive VP & CFO	2.23M	N/A	1978
Mr. Sudeep Gautam	Chief Technology & Digital Officer	1.14M	N/A	1972
Mr. Anthony J. Blasquez	Executive Vice President of Rent-A-Center Business	803.44k	167.12k	1977
Mr. Tyler Montrone	Executive Vice President of Acima	801.68k	N/A	1982
Mr. Michael Santimaw	Senior VP & Chief Information Officer	N/A	N/A	N/A
Mr. John Jeffrey Chesnut	Senior VP of Strategy & Corporate Development and Head of Investor Relations	N/A	N/A	1974
Mr. Bryan J. Pechersky	Executive VP, General Counsel & Corporate Secretary	599.1k	N/A	1971
Ms. Ann L. Davids	Executive VP, Chief Customer & Marketing Officer	647.6k	N/A	1970
Mr. Transient C. Taylor	Executive VP & Chief HR and Diversity Officer	388.59k	N/A	1966

Amounts are as of December 31, 2023 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 EUR.

Description

Upbound Group, Inc. leases household durable goods to customers on a lease-to-own basis in the United States, Puerto Rico, and Mexico. It operates through four segments: Rent-A-Center, Acima, Mexico, and Franchising. The company's brands, such as Rent-A-Center and Acima that facilitate consumer transactions across a range of store-based and virtual channels. It offers furniture comprising mattresses, tires, consumer electronics, appliances, tools, handbags, computers, smartphones, and accessories. It also provides merchandise on an installment sales basis; and the lease-to-own transaction to consumers who do not qualify for traditional financing, the lease to-own transaction through staffed or unstaffed kiosks located in third-party retailer's locations, and other virtual options. It operates retail installment sales stores under the Get It Now and Home Choice names; lease-to-own and franchised lease-to-own stores under the Rent-A-Centre, ColorTyme, and RimTyme names; and company-owned stores and e-commerce platform through rentacenter.com. The company was formerly known as Rent-A-Center, Inc. and changed its name to Upbound Group, Inc. in February 2023. Upbound Group, Inc. was founded in 1960 and is based in Plano, Texas.

Corporate Governance

Upbound Group, Inc.’s ISS Governance QualityScore as of May 1, 2024 is 2. The pillar scores are Audit: 3; Board: 2; Shareholder Rights: 4; Compensation: 2.

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.