Conn's, Inc. Announces Resignation of Executive Vice President, George Bchara, Effective November 17, 2023
November 14, 2023
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Conn's, Inc. announced that Executive Vice President George Bchara submitted his voluntary resignation to the company on November 13, Conn's wrote in an 8-K filed with the U.S. Securities and Exchange Commission on November 14. His resignation is effective November 17, and he'll remain as an employee with the company through December 1. The resignation is not the result of any dispute or disagreement with the company, Conn's wrote in the filing. Bchara initially joined the furniture, appliance and electronics retailer in 2016 as vice president and chief accounting officer.
He was promoted to CFO in June 2019 to replace Lee Wright, who was promoted to executive vice president and COO at the time.
Conn's, Inc. is a specialty retailer of home goods, including furniture and mattresses, appliances and consumer electronics. The Company offers branded durable consumer goods and related services in addition to proprietary credit solutions for its core credit-constrained consumers. The Company operates in two segments: retail and credit. The retail segment operates primarily through its stores and Website. The retail segment product offerings include furniture and mattresses, home appliances, consumer electronics and home office products from global brands across a wide range of price points. The credit segment offers financing solutions to a large, under-served population of credit-constrained consumers who typically have limited credit alternatives. Its appliances include refrigerators, washers and dryers, dishwashers, cooktops, ranges, wall ovens, microwaves, vacuum cleaners, range hoods, parts and accessories, and air conditioners.