People: Rent-A-Center Inc (RCII.O)

RCII.O on Nasdaq

35.37USD
22 May 2013
Price Change (% chg)

$0.02 (+0.06%)
Prev Close
$35.35
Open
$35.29
Day's High
$36.07
Day's Low
$35.16
Volume
686,571
Avg. Vol
612,828
52-wk High
$38.23
52-wk Low
$31.22

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Summary

Name Age Since Current Position

Mark Speese

55 2001 Chairman of the Board, Chief Executive Officer

Mitchell Fadel

55 2002 President, Chief Operating Officer, Director

Robert Davis

41 2008 Chief Financial Officer, Executive Vice President - Finance, Treasurer

Ronald DeMoss

62 2011 Executive Vice President, General Counsel

Theodore DeMarino

51 2012 Executive Vice President - Shared Services

Christopher Korst

53 2012 Executive Vice President - Domestic Operations

Joel Mussat

41 2012 Executive Vice President - Emerging Businesses

J. Lentell

74 2009 Lead Independent Director

Michael Gade

61 2005 Independent Director

Jeffery Jackson

57 2007 Independent Director

Steven Pepper

2013 Independent Director

Leonard Roberts

64 2006 Independent Director

Paula Stern

68 2008 Independent Director

Biographies

Name Description

Mark Speese

Mr. Mark E. Speese is Chairman of the Board, Chief Executive Officer of Rent-A-Center Inc., since October 2001. He has served as one of the directors since 1990. Mr. Speese previously served as Vice Chairman from September 1999 until March 2001. From 1990 until April 1999, Mr. Speese served as President. Mr. Speese served as Chief Operating Officer from November 1994 until March 1999.

Mitchell Fadel

Mr. Mitchell E. Fadel is President, Chief Operating Officer, Director of Rent-A-Center Inc. Mr. Fadel has served as President since July 2000, as Chief Operating Officer since December 2002 and as a director since December 2000. From November 1992 until July 2000, Mr. Fadel served as President and Chief Executive Officer of subsidiary, ColorTyme, Inc.

Robert Davis

Mr. Robert D. Davis is Chief Financial Officer, Executive Vice President - Finance, Treasurer of Rent-A-Center Inc. Mr. Davis has served as Executive Vice President – Finance since February 2008, as Chief Financial Officer since March 1999 and as Treasurer since January 1997. From September 1999 until February 2008, Mr. Davis served as Senior Vice President – Finance. From September 1998 until September 1999, Mr. Davis served as Vice President – Finance and Treasurer. Mr. Davis began his employment with the Company in 1993 as an accountant. Mr. Davis is a licensed certified public accountant in the State of Texas.

Ronald DeMoss

Mr. Ronald D. DeMoss is an Executive Vice President, General Counsel of Rent-A-Center Inc. Mr. DeMoss has served as Executive Vice President – General Counsel since August 2008, and served as Senior Vice President – General Counsel from January 2008 to July 2008. From January 2008 until July 2011, Mr. DeMoss served as Secretary. From November 2006 until December 2007, Mr. DeMoss served as Vice President – Assistant General Counsel. Mr. DeMoss previously served as Vice President and General Counsel of Rent-Way, Inc. from February 1996 to November 2006.

Theodore DeMarino

Mr. Theodore V. DeMarino is an Executive Vice President - Shared Services of Rent-A-Center Inc., since May 2012. He served as Executive Vice President - Operations from August 2009 until April 2012. From April 2003 to July 2009, Mr. DeMarino served as one of the division vice presidents, and as one of the regional directors from January 1995 to March 2003. Mr. DeMarino began his employment with the Company in 1984 as a store manager.

Christopher Korst

Mr. Christopher A. Korst is an Executive Vice President - Domestic Operations of Rent-A-Center Inc. Mr. Korst served as Executive Vice President – Operations from January 2008 until April 2012, and as Senior Vice President – General Counsel from May 2001 to January 2008. Mr. Korst served as Secretary from September 2004 until January 2008. From January 2000 until May 2001, Mr. Korst owned and operated AdvantEdge Quality Cars, which he acquired in a management buyout.

Joel Mussat

Mr. Joel M. Mussat is an Executive Vice President - Emerging Businesses of Rent-A-Center Inc., since May 2012. He served as Executive Vice President - Emerging Businesses and Strategic Planning from August 2011 until April 2012. He served as Senior Vice President – Strategic Planning and New Business Development from December 2009 until August 2011 and as Vice President – Strategic Planning from December 2005 until December 2009.

J. Lentell

Mr. J. V. Lentell is Lead Independent Director of Rent-A-Center Inc., since April 2009. Since July 1993, he has served as a director and Vice Chairman of the Board of Directors of Intrust Bank, N.A., successor by merger to Kansas State Bank & Trust Co. Mr. Lentell was employed by Kansas State Bank & Trust Co., in Wichita, Kansas from 1966 until July 1993, serving as Chairman of the Board from 1981 until July 1993.

Michael Gade

Mr. Michael J. Gade is an Independent Director of Rent-A-Center Inc. Since 2004, Mr. Gade has been an Executive in Residence at the University of North Texas as a professor of marketing and retailing. A founding partner of Challance Group, LLP, Mr. Gade has 30 years of marketing and management experience, most recently serving as senior executive for the southwest region of Home Depot, Inc. from 2003 to 2004. From 2000 to 2003, Mr. Gade served as Senior Vice President, Merchandising, Marketing and Business Development for 7-Eleven, Inc. From 1995 to 2000, Mr. Gade was employed by Associates First Capital Corporation as Executive Vice President, Strategic Marketing and Development.

Jeffery Jackson

Mr. Jeffery M. Jackson is an Independent Director of Rent-A-Center Inc., since March 2007. Mr. Jackson is Managing Director of Thayer Ventures, a venture capital company investing in technology companies that serve the travel and hospitality industries. Mr. Jackson served as the Executive Vice President – Corporate Business Development of Sabre Holdings, Inc., a travel technology company, from August 2009 to March 2012, and previously served as its Executive Vice President – Chief Financial Officer from 1998 to August 2009. Mr. Jackson served as a board member of Travelocity.com until March 2002, when it became a Sabre Holdings subsidiary. Prior to joining Sabre Holdings in 1998, Mr. Jackson served as both Vice President of Corporate Development and Treasurer, and Vice President and Controller of American Airlines, Inc.

Steven Pepper

Mr. Steven L. Pepper has been appointed as Independent Director of Rent-A-Center, Inc., effective May 9, 2013. In 2011, Mr. Pepper retired as President of Yum Brands Mexico, a position he had held since 2001. Over the course of his twenty-year career with Yum, Mr. Pepper was responsible for the company's businesses in Europe, Africa and Brazil, as well as serving in key financial positions in the United States and Latin America. Since 2006, Mr. Pepper also served as a member of Yum's Partners Council, a leadership group comprised of the company's twenty top executives.

Leonard Roberts

Mr. Leonard H. Roberts is an Independent Director of Rent-A-Center Inc., since September 2006. Mr. Roberts served as the Executive Chairman of the Board of Directors of RadioShack Corporation from May 2005 until May 2006, and had previously served as a director since 1997, Chairman of the Board and Chief Executive Officer from 1999 to 2005, and President from 1993 to 1999. From 1990 to 1993, Mr. Roberts was Chairman and Chief Executive Officer of Shoney’s, Inc., and from 1985 to 1990 was the President and Chief Executive Officer of Arby’s, Inc. Mr. Roberts is a director of the Fort Worth Crime Commission, a director and former Chairman of the Board of Texas Health Resources, and a director of J.C. Penney, Inc. Mr. Roberts previously served on the board of TXU Energy, Inc.

Paula Stern

The Hon., Dr. Paula Stern is an Independent Director of Rent-A-Center, Inc. . Dr. Stern is Chairwoman of The Stern Group, Inc., an international advisory firm in areas of business and government strategy established in 1988. She was Commissioner of the U.S. International Trade Commission from 1978 to 1987 and Chairwoman from 1984 to 1986. Dr. Stern serves on the U.S. Secretary of State’s Advisory Committee on International Economic Policy. She is a member of the Executive Committee of the Atlantic Council of the United States and serves on the Board of Trustees of the Committee for Economic Development and on the Advisory Council of Columbia University School of Social Work. She is a member of Council on Foreign Relations, Inter-American Dialogue, Bretton Woods Committee, and the High Level Advisory Group for the Global Subsidies Initiative of the International Institute for Sustainable Development. Dr. Stern also serves on the board of Avon Products, Inc. Dr. Stern previously served as a director of Hasbro, Inc., Avaya, Inc. and Neiman Marcus Group, Inc.

Basic Compensation

Name Fiscal Year Total

Mark Speese

4,710,280

Mitchell Fadel

1,824,830

Robert Davis

1,151,640

Ronald DeMoss

856,610

Theodore DeMarino

813,358

Christopher Korst

870,210

Joel Mussat

--

J. Lentell

--

Michael Gade

--

Jeffery Jackson

--

Steven Pepper

--

Leonard Roberts

--

Paula Stern

--
As Of 30 Dec 2012

Options Compensation

Name Options Value

Mark Speese

1,210,000 18,259,760

Mitchell Fadel

478,698 5,166,084

Robert Davis

125,000 1,991,980

Ronald DeMoss

0 0

Theodore DeMarino

23,083 194,393

Christopher Korst

136,238 350,171

Joel Mussat

0 0

J. Lentell

0 0

Michael Gade

0 0

Jeffery Jackson

0 0

Steven Pepper

0 0

Leonard Roberts

0 0

Paula Stern

0 0
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