ATLANTA, Sept. 13,
2023 /PRNewswire/ -- The Aaron's Company, Inc.
(NYSE: AAN), a leading, technology-enabled, omnichannel provider of
lease-to-own and retail purchase solutions, today announced the
appointment of Russell Falkenstein
to the position of Executive Vice President, Chief Operating
Officer, Lease-to-Own for the Company, effective immediately. In
this new position, Falkenstein will oversee all lease-to-own
operations at Aaron's and BrandsMart Leasing.
"Congratulations to Russ on his well-deserved promotion," said
Douglas Lindsay, CEO of The Aaron's
Company. "Over the past several years, Russ has led a number of
critical initiatives at our company, including being instrumental
in transforming the Aaron's go-to-market strategy to ensure that we
provide our customers the best shopping and service experiences in
the lease-to-own and retail markets that we serve. His extensive
experience and exceptional leadership make him a valuable asset to
our team, and we look forward to his continued success in his new
role."
Mr. Falkenstein has served as Senior Vice President, Chief
Strategy, Analytics and Development Officer at Aaron's, LLC, a
subsidiary of the Company, since 2021. He joined Aaron's, LLC in
2016 as Vice President, Corporate Initiatives and was promoted to
Vice President, Financial Planning & Strategic Analytics and
then to Senior Vice President, Finance & Accounting before
taking on his previous role in 2021. Prior to joining Aaron's, Mr.
Falkenstein was a Senior Associate in Alvarez & Marsal's
Turnaround and Restructuring Group. Mr. Falkenstein earned his
bachelor's degree in business from The George
Washington University and an MBA from the Kellogg School of
Management at Northwestern
University.
Mr. Falkenstein is active in the metro Atlanta community and serves on the board of
directors of the Georgia Hispanic Chamber of Commerce as well as on
the board of The Davis Academy. He was recently named to the
Atlanta Business Chronicle's 40 Under 40 listing for 2023, and
earlier was selected to participate in Leadership Atlanta's Class
of 2024 program.
About The Aaron's Company, Inc.
Headquartered in
Atlanta, The Aaron's Company, Inc.
(NYSE: AAN) is a leading, technology-enabled, omnichannel provider
of lease-to-own and retail purchase solutions of appliances,
electronics, furniture, and other home goods across its brands:
Aaron's, BrandsMart U.S.A.,
BrandsMart Leasing, and Woodhaven. Aaron's offers a
direct-to-consumer lease-to-own solution through its approximately
1,260 Company-operated and franchised stores in 47 states and
Canada, as well as its e-commerce
platform. BrandsMart U.S.A. is one
of the leading appliance retailers in the country with ten retail
stores in Florida and Georgia, as well as its e-commerce platform.
BrandsMart Leasing offers lease-to-own solutions to customers of
BrandsMart U.S.A. Woodhaven is the
Company's furniture manufacturing division. For more information,
visit investor.aarons.com, aarons.com, and brandsmartusa.com.
View original content to download
multimedia:https://www.prnewswire.com/news-releases/aarons-announces-appointment-of-russell-falkenstein-to-executive-vice-president-chief-operating-officer-lease-to-own-301925609.html
SOURCE The Aaron’s Company, Inc.