ATLANTA, July 10 /PRNewswire-FirstCall/ -- Aaron Rents, Inc. (NYSE: RNT),
the nation's leader in the rental, sales and lease ownership, and specialty
retailing of residential and office furniture, consumer electronics and home
appliances and accessories, today announced that Michael P. Ryan has been
promoted to Vice President, Northern Operations, Aaron's Sales & Lease
Ownership Division. In this newly created position Mr. Ryan will be
responsible for overseeing the operations of over 60 stores in eight states.
"Due to the rapid growth of the Aaron's Sales & Lease Ownership Division
we have added this new Vice President position, our second new addition this
year, bringing to five our number of regional vice presidents across the
country," said R. Charles Loudermilk, Sr., Chairman and Chief Executive
Officer of Aaron Rents, Inc. "Michael has progressed through his years with
Aaron's Sales & Lease Ownership, taking on increasing responsibilities, and
this promotion acknowledges his ability and operational expertise."
Mr. Ryan joined the Company in 1990 as an Assistant Store Manager and was
the General Manager of stores in Jacksonville Beach and Gainesville, Florida
before being promoted in 1994 to District Manager. His district in North
Florida was District of the Year for two straight years. He was then promoted
to Regional Manager in 1995 and has served in that capacity in Baltimore,
Atlanta, and Jacksonville.
Aaron Rents, Inc., based in Atlanta, currently has more than 770 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/