Robert Davis has resigned as Rent-A-Center CEO and director effective immediately. Chairman Mark Speese, the company’s founder and former chief executive, will serve as interim CEO of the company until a permanent successor is named.
The board said it would conduct a search to find a highly qualified CEO candidate.
“On behalf of the board and the entire company, I would like to thank Robert for his tireless efforts as our CEO over the past three years,” said Speese. “His leadership has been essential to our operations and business, and we are grateful for his commitment to the company over the past 23 years.”