Aaron's, Inc. announced Aaron's senior leadership team, led by Chief Executive Officer John W. Robinson, to position the Company for continued growth and success: Gilbert L. Danielson will step down as Chief Financial Officer. Until his retirement at the end of 2016, Danielson will remain Executive Vice President, serving as a senior advisor to the leadership team and managing certain strategic projects. Steven A. Michaels, President, has been named Aaron's Chief Financial Officer and President of Strategic Operations.

In addition to his responsibilities as Chief Financial Officer, Michaels will be responsible for several key business functions, including e-commerce, franchising, information technology, business development and manufacturing. Douglas A. Lindsay, former Executive Vice President and Chief Operating Officer of ACE Cash Express, Inc., has been named President of Aaron's Sales & Lease Ownership. He will be responsible for overseeing Aaron's store-based business, comprised of more than 1,200 Company-operated stores and over $2.0 billion in revenues.

His responsibilities will include operations, marketing, merchandising and real estate. Robert W. Kamerschen, Executive Vice President, General Counsel and Corporate Secretary, will also assume the role of Chief Administrative Officer. He will be responsible for legal, compliance, corporate governance, risk management, government relations, external affairs, privacy and physical security.

Tristan J. Montanero, Senior Vice President of Operations, has been named Chief Operations Officer of Aaron's Sales & Lease Ownership. Montanero will have responsibility for Company-operated store operations and field employees, as well as the HomeSmart division. Ryan K. Woodley will continue to serve as Chief Executive Officer of Progressive Leasing.

He also remains responsible for overseeing Dent-A-Med, Inc., a subsidiary of Progressive, which Aaron's acquired in 2015.