PROG Holdings, Inc. Appoints Todd King as Chief Legal and Compliance Officer

PROG Holdings, Inc. (NYSE: PRG), the fintech holding company for Progressive Leasing, Vive Financial, and Four Technologies, announces that the Companyโ€™s Board of Directors has appointed Todd King as PROG Holdingsโ€™ Chief Legal and Compliance Officer, effective May 15, 2023.

As PROG Holdingsโ€™ Chief Legal and Compliance Officer, Mr. King will be responsible for overseeing the Companyโ€™s Legal, Compliance, Enterprise Risk Management (ERM), and Government Relations departments.

Mr. King served as the Companyโ€™s Chief Corporate Governance, Securities Law and M&A Counsel since January 2017, and his accomplishments included leading the legal function in the spin-off of the Companyโ€™s Aaronโ€™s Business in 2020. He has more than fourteen yearsโ€™ experience working in senior level roles in public company law departments, where he has advised executive officers and boards of directors on a wide range of legal and regulatory topics.

โ€œToddโ€™s deep legal and business expertise coupled with the collaborative role he has had in our success make him a great choice to lead our Legal and Compliance efforts,โ€ said PROG Holdings President and Chief Executive Officer Steve Michaels. โ€œAfter working closely with him for more than seven years, I am confident that he will continue his exemplary performance as we continue to lead the way with inclusive, flexible, and transparent financial products for consumers of all backgrounds.โ€

About Todd King

Todd King was named PROG Holdingsโ€™ Chief Legal and Compliance Officer following nearly seven years as the Companyโ€™s Chief Corporate Governance, Securities Law and M&A Counsel.

Mr. King also served as the Deputy General Counsel, Corporate Secretary, and Chief Compliance Officer for Axiall Corporation (formerly known as Georgia Gulf Corporation), a publicly traded chemical and building products company, Vice President and Division General Counsel for The Schwan Food Company, a food manufacturing and distribution company, and as an associate with an international law firm.

Mr. King has a BBA in Finance and Juris Doctor degree from the University of Georgia and served as a Law Clerk to the Honorable Harold L. Murphy in the U.S. District Court for the Northern District of Georgia.

About PROG Holdings, Inc.

PROG Holdings, Inc. (NYSE: PRG) is a fintech holding company headquartered in Salt Lake City, UT, that provides transparent and competitive payment options to consumers. The Company owns Progressive Leasing, a leading provider of e-commerce, app-based, and in-store point-of-sale lease-to-own solutions, Vive Financial, an omnichannel provider of second-look revolving credit products, and Four Technologies, provider of Buy Now, Pay Later payment options through its platform Four. More information on PROG Holdings' companies can be found at https://www.progholdings.com.

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