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After
Comcoa was bought by Thorn America in 1997, Hogan accepted
an offer with Crazy George’s, owned by Thorn United Kingdom,
in Scotland to assist in the development of the rent-to-own
concept overseas.
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| ColorTyme named Tim Hogan vice
president of operations. Hogan was most recently a
divisional vice president for Rentway, supervising 63
stores in Texas. |
ColorTyme has hired Tim Hogan
as its new vice president of operations during a time of steady
growth and franchisee development. Mr. Hogan, who was tapped for
his vast experience in store, regional and divisional
turnarounds, is well known for progressive operational
execution.
“We are confident in Tim’s ability to execute outstanding new
business development and operational programs that will support
our franchisees,” ColorTyme President and CEO Bob Bloom said.
“Equally important, with nearly 20 years in the industry, Tim
has as much passion for the business as he does experience and
will compliment our seasoned and committed management team.”
Among many senior leadership positions in rent-to-own (RTO) in
the last two decades, Mr. Hogan was most recently a divisional
vice president for Rentway, supervising 63 stores in Texas. He
has a proven track record in training and development, profit
improvements, new business development, launching new stores and
programs, operations integrations, supply chain management and
logistics.
“This is an exciting period of growth for ColorTyme and an
extraordinary opportunity to apply my experiences to strengthen
our pay day loan and check cashing programs as well as the new
custom wheel program,” Hogan said. “I’m honored to join the
team.”
Mr. Hogan started his career in rent-to-own in 1986 with Comcoa,
a Rent-A-Center franchisee, as an account manager in 1988. He
spent 9 years as a zone manager before Comcoa was bought by
Thorn America in 1997. After the acquisition, Mr. Hogan accepted
an offer with Crazy George’s, owned by Thorn United Kingdom, in
Scotland to assist in the development of the rent-to-own concept
overseas. Mr. Hogan began there as a market manager and was
quickly promoted to regional sales director with 47 stores under
his wing.
In 1998, Nomura Investments bought Thorn United Kingdom, and
later renamed Crazy George’s to BrightHouse. Hogan was asked to
stay and Nomura promoted him to new business development
director. In three and a half years, Hogan helped the business
grow to 144 stores, more than 75 percent, by introducing key
programs including payday loans, check cashing, and a home
payment business program that increased rentals by more than $1
million.
In 2003, after three and a half years as new business
development director, Mr. Hogan established a national call
center that received existing customer references and turned
them into prospective leads, with $4.7 million in potential
sales. After being promoted to regional sales director, he also
served as a member of the BrightHouse Board of Directors,
implementing a strategy change and becoming the distribution and
service director responsible for directing all primary and
secondary distribution, field service, and fleet management for
the RTO company.
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