{"id":959531,"date":"2026-05-07T06:58:12","date_gmt":"2026-05-07T10:58:12","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/president-and-ceo-steve-michaels-named-chairman-of-prog-holdings-inc\/"},"modified":"2026-05-07T06:58:12","modified_gmt":"2026-05-07T10:58:12","slug":"president-and-ceo-steve-michaels-named-chairman-of-prog-holdings-inc","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/president-and-ceo-steve-michaels-named-chairman-of-prog-holdings-inc\/","title":{"rendered":"President and CEO Steve Michaels Named Chairman of PROG Holdings, Inc."},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b>President and CEO Steve Michaels <\/b><b>Named Chairman of PROG Holdings, Inc.<\/b><\/p>\n<p>SALT LAKE CITY&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nPROG Holdings, Inc. (NYSE:PRG), the fintech holding company for Progressive Leasing, Four Technologies, MoneyApp and Purchasing Power, today announced that its Board of Directors has named Steve Michaels, the Company\u2019s President and Chief Executive Officer, to the additional position of Chairman of the Board. Mr. Michaels succeeds Ray Robinson, who has been appointed Lead Independent Director.<\/p>\n<p>\n\u201cSteve\u2019s strategic vision and deep understanding of our businesses and industry make him the ideal leader to guide PROG forward at this important time,\u201d said Mr. Robinson. \u201cSteve has built an outstanding management team, delivered strong financial performance and made important strategic investments to meaningfully grow the Company\u2019s ecosystem of payment solutions and diversify its product portfolio. The Board strongly supports Steve and I very much look forward to continuing to work closely with him in our respective new roles.\u201d<\/p>\n<p>\n\u201cI am honored to be named Chairman,&#8221; said Mr. Michaels. \u201cI want to thank Ray for his significant contributions to PROG and the invaluable guidance he has provided to me. I look forward to the ongoing partnership with Ray and the other members of the Board as we continue to execute on our vision for the Company.\u201d<\/p>\n<p><b>About PROG Holdings, Inc.<\/b><\/p>\n<p>\nPROG Holdings, Inc. (NYSE:PRG) is a fintech holding company headquartered in Salt Lake City, UT, that provides inclusive, 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; Four Technologies, a provider of Buy Now, Pay Later payment options through its platform, Four; MoneyApp, a mobile application that offers customers interest-free cash advances; and Purchasing Power, a voluntary employee benefit program provider, allowing employees to purchase brand-name products and services through either automatic payroll deductions or allotments. More information on PROG Holdings and its companies can be found at <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Finvestor.progholdings.com%2F&amp;esheet=54530558&amp;newsitemid=20260507317757&amp;lan=en-US&amp;anchor=https%3A%2F%2Finvestor.progholdings.com%2F&amp;index=1&amp;md5=43f0c842daa5d28fb316397660b1e204\">https:\/\/investor.progholdings.com\/<\/a>.<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20260507317757r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20260507317757\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20260507317757\/en\/<\/a><\/span><\/p>\n<p><b>Investor Contact<br \/>\n<\/b><br \/>John A. Baugh, CFA<br \/>\n<br \/>Vice President, Investor Relations<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:john.baugh@progleasing.com\">john.baugh@progleasing.com<\/a><\/p>\n<p><b>KEYWORDS:<\/b> Utah United States North America<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Professional Services Apps\/Applications Technology Software Finance Electronic Commerce Fintech<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20260507317757\/en\/1425078\/3\/400x400_Prog_Holdings_Logo_-_White-01.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>President and CEO Steve Michaels Named Chairman of PROG Holdings, Inc. SALT LAKE CITY&#8211;(BUSINESS WIRE)&#8211; PROG Holdings, Inc. (NYSE:PRG), the fintech holding company for Progressive Leasing, Four Technologies, MoneyApp and Purchasing Power, today announced that its Board of Directors has named Steve Michaels, the Company\u2019s President and Chief Executive Officer, to the additional position of Chairman of the Board. Mr. Michaels succeeds Ray Robinson, who has been appointed Lead Independent Director. \u201cSteve\u2019s strategic vision and deep understanding of our businesses and industry make him the ideal leader to guide PROG forward at this important time,\u201d said Mr. Robinson. \u201cSteve has built an outstanding management team, delivered strong financial performance and made important strategic investments to meaningfully grow the Company\u2019s ecosystem &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/president-and-ceo-steve-michaels-named-chairman-of-prog-holdings-inc\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;President and CEO Steve Michaels Named Chairman of PROG Holdings, Inc.&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-959531","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>President and CEO Steve Michaels Named Chairman of PROG Holdings, Inc. - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/president-and-ceo-steve-michaels-named-chairman-of-prog-holdings-inc\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"President and CEO Steve Michaels Named Chairman of PROG Holdings, Inc. - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"President and CEO Steve Michaels Named Chairman of PROG Holdings, Inc. SALT LAKE CITY&#8211;(BUSINESS WIRE)&#8211; PROG Holdings, Inc. (NYSE:PRG), the fintech holding company for Progressive Leasing, Four Technologies, MoneyApp and Purchasing Power, today announced that its Board of Directors has named Steve Michaels, the Company\u2019s President and Chief Executive Officer, to the additional position of Chairman of the Board. Mr. Michaels succeeds Ray Robinson, who has been appointed Lead Independent Director. \u201cSteve\u2019s strategic vision and deep understanding of our businesses and industry make him the ideal leader to guide PROG forward at this important time,\u201d said Mr. Robinson. \u201cSteve has built an outstanding management team, delivered strong financial performance and made important strategic investments to meaningfully grow the Company\u2019s ecosystem &hellip; Continue reading &quot;President and CEO Steve Michaels Named Chairman of PROG Holdings, Inc.&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/president-and-ceo-steve-michaels-named-chairman-of-prog-holdings-inc\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2026-05-07T10:58:12+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20260507317757r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/president-and-ceo-steve-michaels-named-chairman-of-prog-holdings-inc\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/president-and-ceo-steve-michaels-named-chairman-of-prog-holdings-inc\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"President and CEO Steve Michaels Named Chairman of PROG Holdings, Inc.\",\"datePublished\":\"2026-05-07T10:58:12+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/president-and-ceo-steve-michaels-named-chairman-of-prog-holdings-inc\\\/\"},\"wordCount\":383,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/president-and-ceo-steve-michaels-named-chairman-of-prog-holdings-inc\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/cts.businesswire.com\\\/ct\\\/CT?id=bwnews&amp;sty=20260507317757r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/president-and-ceo-steve-michaels-named-chairman-of-prog-holdings-inc\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/president-and-ceo-steve-michaels-named-chairman-of-prog-holdings-inc\\\/\",\"name\":\"President and CEO Steve Michaels Named Chairman of PROG Holdings, Inc. - 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SALT LAKE CITY&#8211;(BUSINESS WIRE)&#8211; PROG Holdings, Inc. (NYSE:PRG), the fintech holding company for Progressive Leasing, Four Technologies, MoneyApp and Purchasing Power, today announced that its Board of Directors has named Steve Michaels, the Company\u2019s President and Chief Executive Officer, to the additional position of Chairman of the Board. 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