Upbound Group adds Molly Langenstein to its Board as Independent Director

– USA, TX –  Upbound Group, Inc. (NASDAQ: UPBD), a leading provider of technology-driven, flexible leasing solutions for consumers through its operating brands that include Rent-A-Center and Acima, today announced the appointment of Molly Langenstein to its Board of Directors as an Independent Director, effective April 1, 2024.

“Molly’s extensive leadership delivering omni-channel solutions to consumers in the rapidly changing retail industry, along with her senior executive and prior board experience, will provide a valuable addition to our Board as we continue to implement technology driven solutions to enable our customers to shop when, how and where they want. We are excited to have Molly join our Board and look forward to her insights and contributions to the Company,” said CEO, Mitch Fadel.

The Company also announced that director Ms. Jen You will not stand for re-election to the Board at the end of her current term at the 2024 AGM.

About Molly Langenstein

Molly Langenstein is a 30-year retail industry veteran with a proven track record of building multiple successful brands. Her experience and leadership include navigating the evolving digital landscape for consumers and delivering omnichannel experiences. Most recently, she served as CEO and President and a member of the board of directors of Chico’s FAS, one of the leading fashion retailers in North America, until Chico’s was acquired by Sycamore Partners in January 2024. Ms. Langenstein joined Chico’s in August 2019 as the company’s President, Apparel Group. She transitioned to the role of CEO and President on June 24, 2020. Before joining Chico’s, Molly Langenstein spent nearly three decades at Macy’s, Inc., where she was promoted to numerous executive positions with increasing scope and responsibility, including General Business Manager, Ready-to-Wear at Macy’s from 2017 to 2019. Before that, she served as CPBO of Macy’s and Bloomingdale’s from 2015 to 2017. Ms. Langenstein served as EVP of Private Brands for Men’s and Children’s Wear at Macy’s Private Brands from 2013 to 2014. In 2012, she was named EVP of Group Merchandise Manager of Millennial at Macy’s.

Molly Langenstein received her Bachelor of Science degree in fashion merchandising from Kent State University.

Ms. Langenstein has served on the Kent State University Advisory Board since 2017.

About Upbound Group, Inc.

Upbound is an omni-channel platform company committed to elevating financial opportunity for all through innovative, inclusive, and technology-driven financial solutions that address the evolving needs and aspirations of consumers. The Company’s customer-facing operating units include industry-leading brands such as Rent-A-Center and Acima that facilitate consumer transactions across a wide range of store-based and digital retail channels, including over 2,400 company-branded retail units across the United States, Mexico, and Puerto Rico. Upbound is headquartered in Plano, Texas.

SOURCE: https://www.upbound.com/

- DisclaimerNews, data, and statements included in this release are intended exclusively for general information purposes. Talent4Boards does not guarantee that news is accurate or about the correct person and accepts neither liability for the consequences of the reader’s reliance, nor responsibility for the accuracy of the information. Nothing in this release should be considered for decisions about referred securities. Products and brand names may be trademarks or registered trademarks of their respective owners.