Upbound Group Appoints Charu Jain as Independent Director

By Bobby Samwell • Tuesday, September 10 08:05 • Permanent Link

Upbound Group, Inc. has appointed Ms. Charu Jain as a new independent director. Ms. Jain is a senior technology executive with a notable track record in leveraging technology and innovation for growth and leading successful large-scale digital transformation initiatives. She currently serves as the Senior Vice President of Merchandising and Innovation at Alaska Air Group, Inc. In this role, she is responsible for driving strategy and execution for both employee and consumer-facing innovation, as well as managing airline distribution channels.

Before joining Alaska Air Group, Ms. Jain held various technology and leadership roles at companies including IBM, Pacific Gas & Electric, United Airlines, and PwC. She holds a bachelor's degree in economics from Lucknow University, India, and an MBA in international management from Lake Forest Graduate School of Management, Illinois. Ms. Jain is also actively involved in developing STEM talent and serves on the University of Washington Foster School of Business Technology Advisory Board and the YearUp Puget Sound Board of Directors. She is a recipient of the Orbie Leadership Award, which recognizes technology executives for their leadership, innovation, and excellence.

Mitch Fadel, the CEO of Upbound, expressed excitement about Ms. Jain joining the board, highlighting her extensive experience in delivering technology and digital transformation solutions to drive business results and enhance the customer journey.

Upbound Group, Inc. is an omni-channel platform company committed to elevating financial opportunity for all through innovative, inclusive, and technology-driven financial solutions. Its customer-facing operating units include industry-leading brands such as Rent-A-Center and Acima, and it facilitates consumer transactions across a wide range of store-based and digital retail channels, including over 2,300 company-branded retail units across the United States, Mexico, and Puerto Rico. Upbound is headquartered in Plano, Texas. Following these announcements, the company's shares moved -0.5%, and are now trading at a price of $30.49. For more information, read the company's full 8-K submission here.

The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.