Furniture and home-appliance retailer Conn's Inc. on Thursday
named Thomas Moran as its new finance chief, effective July 27.
Mr. Moran previously served as the chief financial officer of
West Marine Inc., a retailer of boating supplies and gear.
In December, Conn's previous chief financial officer, Brian
Taylor, stepped down amid an increase in delinquencies and
deteriorating credit scores in the company's credit-financing
business.
Conn's said earlier this year that it was pursuing a sale of all
or part of its loan portfolio.
Mark Haley, who has been serving as interim, will continue as
Conn's accounting chief.
Conn's also reported a 1.1% increase in same-store sales in
June, as growth in furniture and home appliances helped to offset
declines in consumer electronics and home office.
Conn's recently decided to stop selling videogames, digital
cameras and some tablets. Excluding the impact of those items,
same-store sales would have been up 5.1%.
Write to Chelsey Dulaney at Chelsey.Dulaney@wsj.com
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