Aaron's, Inc. Adds New Vice President of Real Estate and Construction

Jeannie Cave brings 20 years corporate real estate experience to Aaron's

ATLANTA, Jan. 16, 2012 // PRNewswire // -- Aaron's, Inc. (NYSE: AAN), a lease-to-own retailer specializing in the sales and lease ownership and specialty retailing of residential furniture, consumer electronics, home appliances and accessories, announced today that Jeannie M. Cave has been hired as the Company's new Vice President of Real Estate and Construction.

In her new role reporting to Gil Danielson, Executive Vice President and Chief Financial Officer, Cave will be responsible for a number of activities including the development of strategies that support Aaron's real estate goals and the management of the Company's real estate portfolio for both Company-operated and franchised stores. Cave is a seasoned real estate professional and brings 10 years of leadership experience from Cox Enterprises, Inc. She also consulted on real estate and construction projects for commercial interior design firm VeenendaalCave, Inc. and served as Director of Office Properties & Project Management for ADVANTIS/The St. Joe Company, a commercial real estate services company.

"Jeannie brings an impressive track record in corporate real estate to Aaron's," said Ron Allen, Aaron's interim President and CEO. "She has deep experience, a keen sense of business and excellent negotiating skills – all of which will be instrumental in guiding Aaron's continued store growth. We're pleased to welcome her to the executive team and anticipate another profitable year for Aaron's with Jeannie working with us."

Cave is a Licensed Georgia Real Estate Broker. Her professional affiliations include National Network of Commercial Real Estate Women, Million Dollar Club/Atlanta Commercial Board of Realtors and CORE NET.

About Aaron's, Inc.

Aaron's, Inc. (NYSE: AAN), the nation's leader in the sales and lease ownership and specialty retailing of residential furniture, consumer electronics, home appliances and accessories, has more than 1,940 Company-operated and franchised stores in 48 states and Canada. Founded in 1955 by entrepreneur and current Chairman R. Charles Loudermilk, Sr. and headquartered in Atlanta, Aaron's has been publicly traded since 1982. For more information, visit www.aarons.com.

SOURCE Aaron's, Inc.


Garet Hayes



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