Prog Holdings, Inc. Announces the Appointment of Majdi Haroun as Sr. Vice President of Engineering
March 31, 2021 at 08:00 am EDT
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PROG Holdings, Inc. announced the appointment of Majdi Haroun as Sr. Vice President of Engineering, previously worked at Calvin Klein, NBC/Comcast, and Microsoft, where he drove ecommerce progression and growth. Majdi specializes in taking companies with a strong online retail foundation and accelerating them into digital leaders.
PROG Holdings, Inc. is a fintech holding company that provides payment options and inclusive consumer financial products. Its Progressive Leasing segment is provider of e-commerce, app-based, in-store point-of-sale lease-to-own solutions provider. The segment provides consumers with lease-purchase solutions through its point-of-sale partner locations and e-commerce Website partners. It does so by purchasing the merchandise from the POS partners desired by customers and, in turn, leasing that merchandise to the customers through a cancellable lease-to-own transaction. Its Vive segment primarily serves customers that may not qualify for traditional prime lending offers who desire to purchase goods and services from participating merchants. Vive offers customized programs with services that include revolving loans through private label and Vive-branded credit cards. Its Four segment provides consumers of all credit backgrounds with BNPL options through four interest-free installments.