Mark Speese
Encyclopedia
Mark E. Speese is an American
businessman who is currently the Chairman and CEO of Rent-A-Center
.
Speese has served on the Board of Directors since 1990. Until 1999, he was the president and chief operating officer
of the company. For a period of about one year, until December 2000, Speese served as Vice Chairman of Rent-A-Center. Speese assumed his current position in October 2001 with the retirement of then-Chairman and CEO J. Ernest Talley.
Previously to his employment at Rent-A-Center, Speese was the Vice President of Vista Rent-to-Own.
of the Year' of the North Texas-Oklahoma-Arkansas Area in the Retail
and Consumer Products
category by Ernst & Young
. He was selected from a field of 22 finalists.
United States
The United States of America is a federal constitutional republic comprising fifty states and a federal district...
businessman who is currently the Chairman and CEO of Rent-A-Center
Rent-A-Center
Rent-A-Center is an American public furniture and electronics rent to own company based in Plano, Texas. The company was incorporated in 1986 and as of 2010 operates 3,007 company-owned stores in the United States, Canada, Puerto Rico and Mexico, accounting for 38% of the rent-to-own market in...
.
Speese has served on the Board of Directors since 1990. Until 1999, he was the president and chief operating officer
Chief operating officer
A Chief Operating Officer or Director of Operations can be one of the highest-ranking executives in an organization and comprises part of the "C-Suite"...
of the company. For a period of about one year, until December 2000, Speese served as Vice Chairman of Rent-A-Center. Speese assumed his current position in October 2001 with the retirement of then-Chairman and CEO J. Ernest Talley.
Previously to his employment at Rent-A-Center, Speese was the Vice President of Vista Rent-to-Own.
Salary
According to Forbes.com, Speese makes $685,001 USD annually, plus a bonus of $205,500 for a total of $890,500. He has 522,500 unexercised stock options worth a market value of $4,362,163.Honors
In 2005, Speese was named 'EntrepreneurEntrepreneur
An entrepreneur is an owner or manager of a business enterprise who makes money through risk and initiative.The term was originally a loanword from French and was first defined by the Irish-French economist Richard Cantillon. Entrepreneur in English is a term applied to a person who is willing to...
of the Year' of the North Texas-Oklahoma-Arkansas Area in the Retail
Retail
Retail consists of the sale of physical goods or merchandise from a fixed location, such as a department store, boutique or kiosk, or by mail, in small or individual lots for direct consumption by the purchaser. Retailing may include subordinated services, such as delivery. Purchasers may be...
and Consumer Products
Consumer product
A consumer product is generally any tangible personal property for sale and that is used for personal, family, or household for non-business purposes. The determination whether a good is a consumer product requires a factual finding, on a case-by-case basis...
category by Ernst & Young
Ernst & Young
Ernst & Young is one of the largest professional services networks in the world and one of the "Big Four" accountancy firms, along with Deloitte, KPMG and PricewaterhouseCoopers ....
. He was selected from a field of 22 finalists.