Upbound Group, Inc. Files 8-K on Officer/Director Changes
Ticker: UPBD · Form: 8-K · Filed: Oct 30, 2025 · CIK: 933036
Sentiment: neutral
Topics: corporate-governance, officer-appointment, director-changes, filing
Related Tickers: UPBD
TL;DR
UPBD leadership shakeup: new directors elected, officers appointed, and comp plans updated. 8-K filed 10/30/25.
AI Summary
Upbound Group, Inc. (formerly Rent-A-Center, Inc.) filed an 8-K on October 30, 2025, reporting on the departure of directors, election of new directors, appointment of officers, and compensatory arrangements. The filing also includes Regulation FD disclosures and financial statements/exhibits.
Why It Matters
This filing indicates potential shifts in the company's leadership and governance structure, which could impact strategic direction and operational oversight.
Risk Assessment
Risk Level: medium — Changes in directors and officers, along with compensatory arrangements, can signal internal shifts that may affect future performance or strategy.
Key Numbers
- 001-38047 — Commission File Number (SEC Filing Identifier)
- 45-0491516 — IRS Employer Identification No. (Company Tax Identifier)
Key Players & Entities
- UPBOUND GROUP, INC. (company) — Registrant
- RENT A CENTER INC (company) — Former Company Name
- RENTERS CHOICE INC (company) — Former Company Name
- Delaware (jurisdiction) — State of Incorporation
FAQ
What specific items are covered under the 8-K filing by Upbound Group, Inc. on October 30, 2025?
The 8-K covers the departure of directors or certain officers, election of directors, appointment of certain officers, compensatory arrangements of certain officers, Regulation FD Disclosure, and Financial Statements and Exhibits.
What was Upbound Group, Inc. formerly known as?
Upbound Group, Inc. was formerly known as RENT A CENTER INC and RENTERS CHOICE INC.
In which state was Upbound Group, Inc. incorporated?
Upbound Group, Inc. was incorporated in Delaware.
What is the Commission File Number for Upbound Group, Inc.?
The Commission File Number for Upbound Group, Inc. is 001-38047.
What is the IRS Employer Identification Number for Upbound Group, Inc.?
The IRS Employer Identification Number for Upbound Group, Inc. is 45-0491516.
Filing Stats: 1,004 words · 4 min read · ~3 pages · Grade level 11.1 · Accepted 2025-10-30 07:29:02
Key Financial Figures
- $675,000 — ll receive (1) an annual base salary of $675,000, (2) starting March 2026 (for the 2025
- $1,500,000 — ard in restricted stock units valued at $1,500,000 that will vest pro rata over three year
Filing Documents
- tm2529442d1_8k.htm (8-K) — 31KB
- tm2529442d1_ex99-1.htm (EX-99.1) — 10KB
- tm2529442d1_ex99-1img001.jpg (GRAPHIC) — 15KB
- 0001104659-25-104014.txt ( ) — 228KB
- upbd-20251030.xsd (EX-101.SCH) — 3KB
- upbd-20251030_lab.xml (EX-101.LAB) — 33KB
- upbd-20251030_pre.xml (EX-101.PRE) — 22KB
- tm2529442d1_8k_htm.xml (XML) — 3KB
02 Departure of Directors or Certain
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers Appointment of New EVP - Chief Financial Officer On October 30, 2025, Upbound Group, Inc. (the "Company") announced that Mr. Hal Khouri will join the Company as its Executive Vice President - Chief Financial Officer effective November 10, 2025. Mr. Khouri will assume the Chief Financial Officer role from Mr. Fahmi Karam, the Company's Chief Executive Officer, who has also been serving as the Company's Chief Financial Officer since June 2025. Mr. Khouri will report directly to Mr. Karam. Mr. Khouri, age 55, has over 30 years of experience in consumer-based banking, financial services, leasing, retail, consulting and government service. From August 2019 through November 2025, Mr. Khouri served as the Executive Vice President and Chief Financial Officer of goeasy Ltd. (TSX: GSY), one of Canada's leading providers of non-prime consumer leasing and lending solutions, offering a full suite of products including unsecured and secured loans as well as point-of-sale-financing in automobile, powersports, retail and healthcare verticals through an omnichannel delivery network. Prior to his appointment at goeasy in 2019, Mr. Khouri was the Chief Financial Officer of Walmart Canada Bank (now known as Fairstone Bank of Canada). He has also held the position of Chief Financial Officer at JPMorgan Chase Canada Bank and previous senior roles at MBNA Canada, Deloitte, and the Ontario Ministry of Finance. Mr. Khouri holds a Bachelor of Commerce degree in Accounting from the University of Ottawa and is a Chartered Public Accountant. In connection with his appointment, the Company entered into an offer letter with Mr. Khouri (the " Offer Letter "). Pursuant to the Offer Letter, Mr. Khouri will receive (1) an annual base salary of $675,000, (2) starting March 2026 (for the 2025 fiscal year, which will be prorated based on an ass
01 Regulation FD Disclosure
Item 7.01 Regulation FD Disclosure. On October 30, 2025, the Company issued a press release announcing the appointment of a new Executive Vice President – Chief Financial Officer, as described in Item 5.02 in this Current Report on Form 8-K. A copy of the press release is furnished herewith as Exhibit 99.1 and is incorporated herein by reference. The information contained in this paragraph, as well as Exhibit 99.1 referenced herein, shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933.
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. (d) Exhibits: Exhibit No. Description 99.1 Press Release regarding the appointment of a new Chief Financial Officer, issued October 30, 2025 104 Cover Page Interactive Data File (formatted in Inline XBRL)
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. UPBOUND GROUP, INC. Date: October 30, 2025 By: /s/ Bryan Pechersky Bryan Pechersky Executive Vice President, General Counsel andSecretary