| CEO Name | Mitch Fadel |
| Nationality | United States |
| Net Worth Estimation | $20 million |
Mitch Fadel, CEO of Rent-A-Center Incorporated, has an estimated net worth of around $20 million due to his compensation packages, stock holdings, and decades-long executive leadership in the rent-to-own industry. His wealth is primarily attributed to salary, bonuses, stock awards, and long-term incentives from Rent-A-Center and prior positions.
Mitch Fadel, CEO of Rent-A-Center Incorporated, has an estimated net worth of $20,000,000, which is 32.8% of the category's maximum CEO net worth of $60,000,000. His net worth is 20 times higher than the rental business category's minimum estimated CEO net worth of $1,000,000.
Business Category: Rental
Minimum Net Worth (estimation): 1000000 USD
Maximum Net Worth (estimation): 60000000 USD
Mitch Fadel Performance in Rent-A-Center Incorporated
Mitch Fadel, CEO of Rent-A-Center Incorporated, demonstrates strategic leadership by driving operational efficiency and customer-centric initiatives. His decisive approach in optimizing business processes and expanding product offerings has significantly improved company performance and revenue growth. Under Fadel's tenure, Rent-A-Center has strengthened market position and shareholder value through focused execution and innovation.
Latest News
Rent-A-Center Inc. Rebrands as Upbound Group, CEO Mitch Fadel Leads Transition
Rent-A-Center, led by CEO Mitch Fadel since 2018, rebranded as Upbound Group to expand as an omnichannel platform offering inclusive financial solutions. Fadel replaced founder Mark Speese, who stepped down to facilitate company transformation amid strategic reviews.
Source: http://www.rtohq.org/2023/05/rent-a-center-inc-rebrands-as-upbound-group-announces-q1-earnings-and-sustainability-report/