UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934
August 16, 1999 (July 29, 1999)
Date of Report (Date of earliest event reported)
Rent-Way, Inc.
(Exact name of registrant as specified in its charter)
Pennsylvania 000-22026 25-1407782
(State or other jurisdiction) (Commission File Number) (IRS Employer of
corporation) Identification No.)
One RentWay Place, Erie, Pennsylvania 16505
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(Address of principal executive offices) Zip Code
Registrant's telephone number, including area code: (814) 455-5378
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Item 5. Other Events
The registrant issued the following press release on July 29, 1999:
ERIE, PA, July 29, 1999 -- Rent-Way, Inc. (NYSE: RWY) announced today that
Jacqueline E. Woods has been named to its Board of Directors. Ms. Woods will
serve as one of eight Directors.
Ms. Woods, a nationally-recognized educator and specialist in the adult and
community college arena, is currently employed full time with the federal
government. Prior to her current appointment, she served as the Vice Chancellor
for External Affairs for the City Colleges of Chicago. She also served as the
Vice President for Institutional Advancement at the Community College of
Philadelphia and earlier in her career, held positions at colleges from Michigan
to California.
"Ms. Woods is a valuable addition to the board of Rent-Way," stated William E.
Morgenstern, President and CEO. "She brings to the Board considerable experience
in matters relating to the community and education, and she has an understanding
of what is needed to keep Rent-Way a good corporate citizen in the communities
where we do business."
A native of Detroit, Michigan, Ms. Woods received her B.A. degree in Speech
Pathology from Michigan State University. She received her M.Ed. and completed
her doctoral coursework requirements in Speech Pathology from Wayne University.
Ms. Woods has received a number of professional and community service awards and
honors. In addition to her new position with Rent-Way, Ms. Woods currently
serves on the Board of Advisors for the Center for Urban Community College
Leadership at New York University. She also previously served as Chair of the
Executive Board of the Black Caucus of the American Association of Higher
Education.
Rent-Way operates 865 stores in 35 states under the brand names RentWay and
HomeChoice Rentals. Rent-Way rents quality, brand name merchandise such as home
entertainment equipment, furniture and major appliances on a week-to-week or
month-to-month basis under full service rental-purchase agreements that permit
the customer to acquire ownership of the merchandise at the conclusion of an
agreed upon rental period.
SIGNATURES
Pursuant to the requirements of the Securities and Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
Rent-Way, Inc.
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(Registrant)
Date August 16, 1999 /s/ Jeffrey A. Conway
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(Signature)
Jeffrey A. Conway
Sr. Vice President and Chief Financial Officer
