"We are very pleased to bring on board an individual with the retailing
experience that Kevin possesses," said R. Charles Loudermilk, Sr., Chairman and
Chief Executive Officer of Aaron Rents, Inc. "His retailing knowledge will
greatly assist in improving the performance of the Sight & Sound stores. The
Sight & Sound acquisition has been an experiment for us to see if we can
successfully offer our Aaron's Sales & Lease Ownership transaction in a
traditional retail store. Although retail sales to date have been disappointing,
we are encouraged by the increasing number of customers that are taking the
lease option."
Mr. Leary began his career with Circuit City in 1974, and held various
management, sales and operational positions during his 28 years with the
company. His most recent position was Regional Vice President, South East
Region, being responsible for the sales and operations of 48 stores in 8
southeastern states. He has an A.S. degree in Business Administration from the
State University of New York at Farmingdale and a B.S. degree in Business
Administration from C.W. Post College. He is married with two children and
resides in the Atlanta area.
Aaron Rents, Inc., based in Atlanta, currently has more than 715 Company-
operated and franchised stores across the United States and Puerto Rico for the
rental and sale of residential and office furniture, accessories, consumer
electronics and household appliances. The Company also manufactures furniture,
bedding and accessories at 10 facilities in four states.
SOURCE Aaron Rents, Inc.
CONTACT: Gilbert L. Danielson, Executive Vice President, Chief Financial
Officer of Aaron Rents, Inc., +1-404-231-0011