ColorTyme Hires Michael Landry as Vice President of Franchise Sales

Chain adds new VP-level position as part of aggressive growth plan.

February 06, 2012 // Franchising.com // Dallas – Michael Landry has joined the ColorTyme organization as vice president of franchise sales. During the 2012 ColorTyme National Convention last week, CEO Cathy Skula announced an aggressive new growth plan and the company’s search to fill a brand new VP-level position, strategic to the plan’s execution.

“I am happy to say that the search is over. Mr. Landry has the perfect background and track record for this new position,” said Skula. ”He shares our vision for growth and has the necessary experience to make it happen. We are happy to welcome him to the ColorTyme family.”

Formerly the director of franchise development for CiCi’s Pizza and also having served Planet Beach Franchising in the same capacity, Landry brings over six years of franchise sales development to his new role at ColorTyme.

“With ColorTyme’s new lower franchise and royalty fees, combined with Rent-A-Center’s financial commitment to this growth plan, we have a winning formula for growth,” said Landry. “It’s an exciting proposition, and I am honored and challenged by my new position with ColorTyme.”

The oldest rent-to-own chain in America, ColorTyme has an aggressive short and long-term growth plan. For more information on owning a ColorTyme franchise, visit http://franchise.colortyme.com.

About ColorTyme

ColorTyme, Inc., found in 1979, is America’s oldest franchisor of independently owned-and-operated rent-to-own stores. ColorTyme franchisees operate 196 rent-to-own stores in 33 states, and the company’s custom-wheels-and-tires franchise brand, RimTyme, operates 19 stores in 10 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).

Contact:

Sandy Bell
S. Bell Public Relations
972-800-1745
sandybell@sbellinc.com

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