Rent-A-Center Promotes Jonathan Parks to Vice President, Global Logistics and Distribution

PLANO, Texas--(BUSINESS WIRE)--May 15, 2015-- Rent-A-Center, Inc., a rent-to-own industry leader, (NASDAQ/NGS:RCII), today announced the promotion of Jonathan Parks to vice president of global logistics and distribution.

Reporting to John Butler, Rent-A-Center senior vice president, supply chain, Parks is responsible for the design, management and optimization of distribution and logistics operations both internationally and domestically.

"Jonathan's experience and technical expertise will no doubt prove valuable as we reshape our current sourcing and distribution model," said Butler. "His appointment to our leadership team will aid us in achieving our goal of getting the right product to the right place to better serve our customers."

Parks joined Rent-A-Center in 2010 as a member of the strategic-planning team and was quickly promoted to director of distribution and logistics. In 2014 Parks was promoted to senior director of distribution and logistics. Prior to joining Rent-A-Center, Parks held similar logistics positions with The Container Store and UPS where he was responsible for various business functions including process development and improvement, training and forecasting.

A rent-to-own industry leader, Plano, Texas-based Rent-A-Center, Inc. is focused on improving the quality of life for its customers by providing them the opportunity to obtain ownership of high-quality, durable goods such as consumer electronics, appliances, computers, furniture and accessories, under flexible rental-purchase agreements with no long-term obligation. The company owns and operates approximately 3,170 stores in the United States, Canada, Mexico and Puerto Rico, and approximately 1,400 ANOW kiosk locations in the United States and Puerto Rico. Rent-A-Center Franchising International, Inc. (previously ColorTyme, Inc.), a wholly owned subsidiary of Rent-A-Center, is a franchisor of approximately 180 rent-to-own stores operating under the trade name of "Rent-A-Center," "ColorTyme," or "RimTyme." For additional information about Rent-A-Center, please visit www.rentacenter.com.

Photos/Multimedia Gallery Available: http://www.businesswire.com/multimedia/home/20150515005932/en/

Source: Rent-A-Center, Inc.

Rent-A-Center, Inc.
Kenneth Jones, 972-801-1815

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