Aarons 2010 Annual Report Download - page 7

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Company’s Common Stock, trading on the New York Stock Exchange under
the symbol “AAN.” We expect this conversion to improve the trading liquidity
and attractiveness of our stock to the investment community.
Another signifi cant event was Aaron’s inclusion in the Fortune 1000 for the
fi rst time. We are proud of achieving this landmark status and believe it will
enhance awareness and interest in the Company.
Last September, Earl Dolive retired from the Board of Directors after serving
for 33 years. Earl’s dedication, service, and thoughtful counsel over the years
have been instrumental to the success of Aaron’s. Earl was appointed Director
Emeritus upon his retirement.
Several management promotions have been recently made in the Company.
John T. Trainor was promoted to Vice President, Chief Information Offi cer.
Within the Aaron’s Sales & Lease Ownership division, Brock M. Roberts was
promoted to Vice President, Northeastern Operations, and Marco Scalise to
Vice President, Customer Account Management.
The theme of this year’s report is refl ecting on the past and preparing for
the future. There are few companies with a story like that of Aaron’s.
We have operated successfully for fi ve and a half decades and feel
we have never been stronger or better positioned. We have dozens
and dozens of associates who have been part of the Aaron’s team
for 10, 20 and 30 years or more. We also have families who have
been customers of Aaron’s for many generations. With that kind
of loyalty, you know we are doing something right. The Company
did more than weather the recent recession — Aaron’s increased
earnings and market share and added customers. Aaron’s provides
desired and needed basic home furnishings, and our customers’
demand for these products remains strong. In refl ecting on our past,
we believe that our corporate culture, values and willingness to adapt
have all been critical to our success. As we look forward, those same
attributes give us confi dence. Aaron’s is well-positioned to serve our market
and our fi nancial strength, business model and competitive advantages should
lead to continued profi table growth.
As always, we are grateful for the support of our associates, our customers,
our business partners and our shareholders.
R. Charles Loudermilk, Sr.
Chairman
Robert C. Loudermilk, Jr.
President and Chief Executive Offi cer
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