Upbound Group (UPBD) Announces CEO Change

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Upbound Group Announces CEO Transition

February 20, 2025 7:01 AM EST

Mitch Fadel to Retire After 40 Years at Upbound

EVP and CFO Fahmi Karam to Succeed Fadel as CEO Effective June 1, 2025

Karam to Join Board of Directors

PLANO, Texas--(BUSINESS WIRE)-- Upbound Group, Inc. (Upbound or the Company) (NASDAQ: UPBD), a technology and data-driven leader in accessible and inclusive financial solutions that address the evolving needs and aspirations of underserved consumers, today announced that Mitch Fadel has decided to retire as Chief Executive Officer and step down from the Board after... More