Conn’s has appointed William E. Saunders Jr. to its board of directors. Saunders will also become a member of the audit committee and the nominating and corporate governance committee.
Saunders has served as CEO of Community Choice Financial since June 2008, after joining the company as its CFO in March 2006. In May 2014, he was appointed as chairman of the board. Community Choice Financial is a leading retailer of alternative consumer financial services and products, including offering short- and medium-term consumer loans, prepaid debit cards and check cashing services. It operates through a network of more than 500 retail locations as well as an online platform.
Saunders formerly held various positions in the investment banking industry with Stephens, Houlihan Lokey Howard & Zukin, and SunTrust Equitable Securities after beginning his career with Arthur Andersen, LLP. Saunders is an active member and serves on the boards of several national trade associations. He is a graduate of Washington and Lee University and is a certified public accountant.
“We are very pleased that Ted Saunders has joined our board of directors,” Theodore M. Wright, Conn’s chairman, president and CEO, said. “He will add valuable insight given his extensive investment banking, consumer finance and operations background.”
Conn’s is a specialty retailer currently operating retail locations in Arizona, Colorado, Louisiana, Mississippi, Nevada, New Mexico, Oklahoma, South Carolina, Tennessee and Texas.