Mark Speese
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Mark Speese

Mark E. Speese (born 1957) is an American businessman who is currently the Chairman and CEO of Rent-A-Center. Speese has served on the Board of ... More »Mark E. Speese (born 1957) is an American businessman who is currently the Chairman and CEO of Rent-A-Center. Speese has served on the Board of Directors since 1990. Until 1999, he was the president and chief operating officer of the company. For a period of about one year, until December 2000, Speese served as Vice Chairman of Rent-A-Center. Speese assumed his current position in October 2001 with the retirement of then-Chairman and CEO J. Ernest Talley. Previously to his employment at Rent-A-Center, Speese was the Vice President of Vista Rent-to-Own. According to Forbes.com, Speese makes $685,001 USD annually, plus a bonus of $205,500 for a total of $890,500. He has 522,500 unexercised stock options worth a market value of $4,362,163. In 2005, Speese was named 'Entrepreneur of the Year' of the North Texas-Oklahoma-Arkansas Area in the Retail and Consumer Products category by Ernst & Young. He was selected from a field of 22 finalists. [ Wikipedia ]

Top 5 Insider Sells Filed On August 27

" Mark Speese sold 200,000 shares on August 24. Mr. Speese has served as the company's Chairman of the Board and Chief Executive Officer since October 2001 and has served as one the company's directors since 1990. The company reported the second-quarter financial results on July ...

Plano-based Rent-A-Center reports a big drop in profit

CEO Mark Speese said results were well below expectations. He said the company continues to face headwinds from a customer under severe economic pressure. December was one of the most challenging in years, he said. The largest U.S. rent-to-own retailer reported a profit of $13.1 million...

Mark Speese to retire as CEO of Rent-A-Center

Plano-based Rent-A-Center Inc. announced Wednesday that co-founder Mark Speese will retire from his position as chief executive officer, effective Jan. 31. Speese has been with Rent-A-Center (Nasdaq: RCII) for 27 years. He will be replaced as CEO by Robert Davis, who has been the ...

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Rent-A-Center Management Discusses Q2 2013 Results

Your speakers today are Mr. Mark Speese, Chairman and Chief Executive Officer of Rent-A-Center; Mr. Mitch Fadel, President and Chief Operating Officer; Mr. Robert Davis, Chief Financial Officer; and Mr. David Carpenter, Vice President of Investor Relations. I would now like to turn the ...

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Rent-A-Center Management Discusses Q1 2013 Results

Your speakers today are Mr. Mark Speese, Chairman and Chief Executive Officer of Rent-A-Center; Mr. Mitch Fadel, President and Chief Operating Officer; Mr. Robert Davis, Chief Financial Officer; and Mr. David Carpenter, Vice President of Investor Relations. I would now like to turn the ...

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Rent-A-Center, Inc. Reports Third Quarter 2013 Results

Rent-A-Center, Inc. (the "Company") (NASDAQ/NGS: RCII), the nation's largest rent-to-own operator, today announced revenues and earnings for the quarter ended September 30, 2013. Total revenues for the quarter ended September 30, 2013, were $754.8 million, an increase of $15.5 million from ...

Rent-A-Center, Inc. Reports Second Quarter 2013 Results

Rent-A-Center, Inc. (the "Company") (NASDAQ/NGS: RCII), the nation's largest rent-to-own operator, today announced revenues and earnings for the quarter ended June 30, 2013. Total revenues for the quarter ended June 30, 2013, were $760.5 million, an increase of $10.8 million from total revenues ...

Rent-A-Center, Inc. Increases Quarterly Cash Dividend from $0.21 to $0.23

PLANO, Texas--( BUSINESS WIRE )--Rent-A-Center, Inc. (the “Company”) (NASDAQ/NGS: RCII), the nation’s largest rent-to-own operator, today announced that its Board of Directors has approved a 10% increase in its quarterly cash dividend from $0.21 per share to $0.23 per share, beginning with the ...

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Rent-A-Center, Inc. Completes Store Exchange

Rent-A-Center, Inc. (the “Company”) (NASDAQ/NGS: RCII), the nation’s largest rent-to-own operator, today announced that it completed an exchange of stores with easyhome Ltd., Canada’s largest merchandise leasing company and a growing provider of financial services. The transaction, which closed ...

Rent-A-Center Inc (RCII) news: Rent-A-Center Management Discusses Q4 2013 Results

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Why Rent-A-Center, Chefs' Warehouse, and Seagate Technology Tumbled Today (CHEF, RCII, STX)

The results throw cold water on the idea that the U.S. economic recovery has been felt equally across those of all income groups, as CEO Mark Speese said that its customers are still "under severe economic pressure" that could weigh on results into the future. Chefs' Warehouse fell 14% ...

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Rent-A-Center stock plummets on disappointing results

CEO Mark Speese said results were well below expectations as the company continues to face headwinds from a customer under severe economic pressure. December was one of the most challenging in years. The largest U.S. rent-to-own retailer reported a profit of $13.1 million, or 35 cents a ...

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Why Rent-A-Center (RCII) Bombed on Tuesday

Find out if (RCII) is in Cramer's Portfolio. NEW YORK ( TheStreet ) -- Rent-A-Center ( RCII ) shares are sinking over Tuesday's session after reporting weaker-than-expected earnings a day earlier. By late morning, the stock has unloaded 17.4% to $25.80. The rent-to-own retailer recorded ...

Rent-A-Center, Inc. Reports Fourth Quarter and Year End 2013 Results

Rent-A-Center, Inc. (the "Company") (NASDAQ/NGS: RCII), the nation's largest rent-to-own operator, today announced revenues and earnings for the quarter and year ended December 31, 2013. Total revenues for the quarter ended December 31, 2013, were $769.6 million, an increase of $11.2 million ...

Rent-A-Center cuts full-year outlook, shares fall

DETAILS: Mark Speese, Rent-A-Center's chairman and CEO, said in a statement that promotions to attract customers hurt results. He also said that customers remained "under pressure. " Rent-A-Center, which is based in Plano, Texas, leases furniture and appliances to customers with an ...

Rent-A-Center’s “Operation: Just Like Home” Supports Military Families

“Throughout the years, Rent-A-Center has held our nation’s military in the highest regard and supported a variety of military organizations,” said Mark Speese, chairman and CEO of Rent-A-Center. “Supporting the valiant men and women in the armed forces has been a particularly rewarding ...

Plano-based Rent-A-Center posts a weaker quarter

Plano-based Rent-A-Center Inc. reported lower-than-expected second quarter sales and a 5 percent decline in profit as its core U.S. rent-to-own retail business weakened. The largest U.S. rent-to-own chain aggressively discounted during the quarter, which also lowered profits. Consumers are ...

Plano-based Rent-A-Center raises its common stock dividend

Rent-A-Center chairman and CEO Mark Speese said the increase reflects strong cash flows and the board’s confidence in the business strategy. The company is investing in stores outside the U.S. and has been growing its RAC Acceptance kiosk business, a unit that provides rent-to-own ...

Rent-A-Center CEO Sells 200,000 Shares

Rent-A-Center CEO Sells 200,000 Shares - Barrons.com The top executive at Rent-A-Center took up the hand truck and sold a large block of stock as the company's shares held near an all-time high share price. From Aug. 24 through 27, Chairman and Chief Executive Mark E. Speese sold 200,000 shares ...

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