The latest announcement is out from Upbound Group (UPBD).
Upbound Group, Inc. has appointed retail industry veteran Molly Langenstein to its Board of Directors, bringing her 30 years of experience, including a successful tenure as CEO of Chico’s FAS, to the table. She will contribute her expertise in digital consumer landscapes and omnichannel experiences. Meanwhile, the company bids farewell to Ms. Jen You, who is stepping down from the board due to other commitments. In addition, the company has secured the retention of CEO Mitchell E. Fadel with an agreement detailing the treatment of his equity-based awards upon potential future termination.
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