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Aaron's, Inc. Announces Strategic Changes To Management Team

ATLANTA, Nov. 7, 2013 /PRNewswire/ -- Aaron's, Inc. (NYSE: AAN) announced today the following strategic changes to the management team: Steven A. Michaels, Vice President of Finance, is being promoted to Vice President of Strategic Planning and Business Development; Robert W. Kamerschen, Senior Vice President and General Counsel, will add Corporate Secretary to his responsibilities; Kimberly R. Rivera joins Aaron's as the Vice President of Learning and Development.

"This is an exciting time for all members of Aaron's as we continue to strengthen our management team and build a platform for sustainable growth," said Ronald W. Allen, Aaron's Chairman, President and Chief Executive Officer. 

Steve Michaels has been with the company since 1995. As Vice President of Strategic Planning and Business Development, Michaels will be focused on Aaron's profitable growth and new business development as well as the strategic analysis for future growth.  He has held various roles within the organization starting in the audit department and progressing to his current role as Vice President of Finance in 2008. Michaels has a finance degree from the University of Florida, an MBA from Georgia State University and is a Certified Public Accountant.

Robbie Kamerschen joined Aaron's in June as Senior Vice President and General Counsel.  Kamerschen manages all legal and governmental affairs for Aaron's, including employment law, regulatory matters, intellectual property, litigation, vendor relationships, financings, acquisitions, and other general legal matters. As Corporate Secretary, Kamerschen will support the Board of Directors and will lead the company's corporate governance initiatives.

As Vice President of Learning and Development, Kim Rivera will be responsible for creating and refining training and development programs for Aaron's more than 12,000 associates.  Rivera has 17 years of experience in the corporate coaching, human resources, training and development arenas, five of which were at the executive level as Vice President of Human Resources, Recruiting, and Training for one of the most recognized brands in the restaurant industry. Most recently, Rivera owned a corporate training and development company and worked with Aaron's as a consultant to create a Leadership Development program for the management team. 

About Aaron's, Inc.

Aaron's, Inc. (NYSE: AAN), a leader in the sales and lease ownership and specialty retailing of residential furniture, consumer electronics, home appliances and accessories, currently has more than 2,115 Company-operated and franchised stores in 48 states and Canada. Founded in 1955 by entrepreneur and Chairman Emeritus R. Charles Loudermilk, Sr. and headquartered in Atlanta, Aaron's has been publicly traded since 1982. For more information, visit www.aarons.com.

Aaron's, Inc. includes the Aarons.com, GoRimco.com, and ShopHomeSmart.com brands.

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