Aaron's, Inc. Announces Gene Lockhart to Join Board of Directors

       Aaron's, Inc. Announces Gene Lockhart to Join Board of Directors

John Schuerholz to Retire from Aaron's Board after Eight Years of Service

PR Newswire

ATLANTA, July 31, 2014

ATLANTA, July 31, 2014 /PRNewswire/ --Aaron's, Inc. (NYSE: AAN), a
lease-to-own retailer specializing in the sales and lease ownership of
furniture, consumer electronics, home appliances and accessories, announced
today that Gene Lockhart, former President and CEO of MasterCard Worldwide,
will join the Aaron's, Inc. Board of Directors effective August 1, 2014. John
Schuerholz, President of the Atlanta Braves, will retire from Aaron's Board
after eight years of service.

Aaron's logo

"Gene has tremendous experience as an innovator in the financial services
industries where he promoted changes that benefit consumers," said Ray M.
Robinson, Chairman of Aaron's, Inc. Board of Directors. "We are delighted that
he has agreed to join the Aaron's board and believe his contributions as a
Director will be invaluable to the Company during this transformative period.
Gene was an investor and member of the Board of the recently acquired
Progressive Finance, so he knows our business well. Virtual RTO is playing an
increasingly large role in our industry and we look forward to being able to
draw on Gene's expertise as Aaron's continues to lead the development of this
offering to our customers."

Lockhart formerly served as President and CEO of MasterCard Worldwide and
currently serves as Special Advisor to General Atlantic, a leading global
growth equity firm providing capital and strategic support for growth
companies. During his tenure at MasterCard Worldwide, he led the company's
transition to become a for-profit enterprise. He also led the retail and
commercial banking businesses globally as President of the Global Retail Bank
at Bank of America until its sale to NationsBank. Lockhart also was the CEO of
Midland Bank UK and Chairman of First Direct and Thomas Cook where he led
Midland's transition to a highly profitable domestic banking business which
resulted in its eventual sale to HSBC. He has been a successful private
investor and advisor to several private equity firms where he focuses on
high-growth financial services technology companies, traditional banks, and
non-bank financial providers. Lockhart served on the board of Progressive
Finance, which was acquired by Aaron's in April 2014, and has served on many
public company boards including First Republic Bank, RJR/Nabisco, Huron
Consulting, Cognizant, IMS Health and RadioShack. He championed innovations in
the global payments industry while serving on the boards of many payments
enterprises including APACS, CHAPS, SWIFT, and Europay and also provided his
expertise to several U.S. and European commissions focused on payments
infrastructure and security.

Ron Allen, Aaron's Chief Executive Officer, said, "It is a pleasure to join
Ray in welcoming Gene to our board. Also, all of us at Aaron's want to
acknowledge and thank John Schuerholz for his many years of service to
Aaron's. John is a visionary and has been a key advocate as our Company
undergoes a strategic transformation to respond to today's market needs. He's
also leading change and growth for the Atlanta Braves and we're looking
forward to seeing the great future that's in store for that iconic

Schuerholz joined Aaron's Board of Directors in 2006 and served most recently
on the Board's Audit and Compensation Committees. He was Executive Vice
President and General Manager of the Atlanta Braves professional baseball
organization before becoming President in 2008. Prior to joining the Atlanta
Braves in 1990, he was employed from 1968 with the Kansas City Royals
professional baseball organization in various management positions until being
named Executive Vice President and General Manager of that organization in
1981. Schuerholz' 45 years of leadership and management experience include an
executive position with Major League Baseball and service on numerous
committees of Major League Baseball. His appointment to lead the league's
program on leadership and management demonstrates the management skills which,
together with his strong community prominence, were valuable assets to Aaron's
Board of Directors.

About Aaron's, Inc.
Aaron's, Inc. (NYSE: AAN), a leader in the sales and lease ownership and
specialty retailing of furniture, consumer electronics, home appliances and
accessories, currently offers its services through more than 2,100
Company-operated and franchised stores in 48 states and Canada. Aaron's was
founded in 1955, is headquartered in Atlanta and has been publicly traded
since 1982. For more information, visit www.aarons.com. Aaron's, Inc. includes
the Aarons.com, ShopHomeSmart.com and ProgFinance.com brands. Progressive
Finance, a wholly-owned subsidiary and leading virtual lease-to-own company,
provides lease-purchase solutions through over 15,000 retail locations in 46

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SOURCE Aaron's, Inc.

Website: http://www.aaronsinc.com
Contact: Garet Hayes, Aaron's Director of Public Relations, 678-402-3863 or
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