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Aaron's names interim chief to replace retiring CEO


Atlanta -- Rent-to-own chain Aaron's, Inc. has named its current CFO Gilbert L. Danielson to the position of interim chief executive officer, following the retirement of current CEO Ronald W. Allen on Aug. 31.

Danielson will also retain his CFO responsibilities during the interim period and will not be a candidate for the permanent CEO role, said the company. A formal search, led by Spencer Stuart, is underway and includes a review of both internal and external candidates.

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