The Aaron's Company, Inc. announced the appointment of Laura N. Bailey, Timothy A. Johnson (TJ) and Marvonia P. Moore (Marvy) to its Board of Directors effective on May 3, 2021. Ms. Bailey held a variety of senior management positions at Capital One Financial Corporation beginning in 2006 until her retirement in April 2021, most recently as Corporate Senior Vice President, Community Impact and Investment. Timothy A. Johnson prior to his retirement, Mr. Johnson held various senior management positions at Big Lots, Inc. from 2000-2019, most recently as Executive Vice President, Chief Financial Officer and Chief Administrative Officer. Marvonia P. Moore served as a director on the corporate board and compensation committee for Minneapolis based Ault, Inc. prior to the sale of the company.
The Aaronâs Company, Inc. is a technology-enabled, omnichannel provider of lease-to-own and retail purchase solutions for appliances, electronics, furniture, and other home goods across its brands, including Aaronâs, BrandsMart U.S.A., BrandsMart Leasing, and Woodhaven. The Company offers a direct-to-consumer lease-to-own solution through its approximately 1,240 Company-operated and franchised stores in 47 states and Canada, as well as its own e-commerce platform. BrandsMart U.S.A. is an appliance retailer in the country with about 11 retail stores in Florida and Georgia, as well as its e-commerce platform. BrandsMart Leasing offers lease-to-own solutions to customers of BrandsMart U.S.A. Woodhaven is the Company's furniture manufacturing division. The Companyâs business segment consists of Aaron's branded Company-operated and franchise-operated stores; aarons.com e-commerce platform (aarons.com); Woodhaven; and BrandsMart Leasing (collectively Aaronâs Business).