Aaron's, Inc., the nation's leader in the sales and lease ownership and specialty retailing of residential furniture, consumer electronics, home appliances and accessories, today announced that for personal health reasons Robert C. ("Robin") Loudermilk, Jr. has resigned his position as President and Chief Executive Officer of the Company. Mr. Loudermilk, Jr. informed the Board that he plans to concentrate his time and attention on his health and on personal and family real estate interests. Mr. Loudermilk, Jr. also resigned from the Company's Board of Directors.

The Company also announced that the Board of Directors has appointed Board memberRonald W. Allento serve as interim President and Chief Executive Officer while a committee of the Board conducts a search to identify a successor.

Mr. Allen, whose business experience includes serving as Chairman and Chief Executive Officer of Delta Air Lines from 1987 to 1997, has been a member of the Aaron's Board since 1997.

"Aaron's has a 56-year history of strong performance and growth, and I have been honored to serve as a Director of the Company," saidRon Allen. "We highly value the leadership and dedication Robin has given over the years to build Aaron's and we wish him the best as he transitions into a new phase of his life. Our experienced and motivated management team has successfully worked together for years and we will continue to lead the Company through new phases of growth."

"Ron Allenhas been a vital member of our Board of Directors for 14 years," saidR. Charles Loudermilk, Sr., Chairman of the Board. "As former Chairman of the Board, President and Chief Executive Officer of Delta Air Lines, Ron led Delta through many industry changes. We are pleased that he has accepted the offer to serve as the interim CEO at Aaron's."