FAC convenes before start of ColorTyme Summer Meeting

ColorTyme Franchise Advisory Council elects key positions and assigns constituents

June 17, 2011 // Franchising.com // OLYMPIC VALLEY, Calif. – Keeping a yearly tradition alive, the ColorTyme Franchise Advisory Council (FAC), gathered for a meeting prior to the start of ColorTyme's 2011 Summer Meeting. The FAC, including newly elected members, met at the Resort at Squaw Creek to elect a Chairman, Vice Chairman and Secretary, conduct a constituent draft and review franchise programs.

Made up of 10 members, the ColorTyme FAC serves as a critical link between franchisees and the corporate management team. In Wednesday's half-day meeting, the members listened to corporate presentations and assigned new franchisee constituents for the term. The group re-elected Mark Childers to continue his role as Chairman and former Secretary Steve Dwyer was named Vice Chairman, a new position created by the FAC. The FAC also elected new member James Stephens as Secretary.

Vice President of Operations for ColorTyme, Albert Kohut, felt the meeting was productive and accomplished all goals.

"The ColorTyme Summer Meeting is one of the most important gatherings of our FAC," he said. "This is the time when new members are introduced, positions are decided and important business is discussed. This year's FAC is a strong group, and I have no doubt each member will represent our franchisees with the highest character and respect."

The 2011 FAC members are: Ray Bird, Mark Childers, Steve Dwyer, Eddie Edwards, Bruce Emory, John Fornero, Chris Higgs, David Pagano, Richard Pannell and James Stephens.

About ColorTyme

ColorTyme, Inc., founded in 1979, is America's oldest franchisor of independently owned-and-operated rent-to-own stores. ColorTyme franchisees operate 191 rent-to-own stores in 32 states, and the company's custom-wheels-and-tires franchise brand, RimTyme, operates 20 stores in 11 states. ColorTyme is headquartered in Plano, Texas, and is an independent, wholly owned subsidiary of the largest RTO company in the world, Rent-A-Center (NASDAQ: RCII).

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