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10.07.2011
Charles Loudermilk, Sr. honored at the 2011 Four Pillar Tribute

Championship Bull Ridingís CEO Wes Bruce and V.P. of National Sales Danny Correll join in on honoring Charles Loudermilk from Aaronís (corporate partner of CBR and long time supporter) as he receives the Four Pillar Award in Atlanta last night.


The Four Pillar Award and Tribute celebrates the recipient's philanthropic endeavors as well as his or her significant contributions to economic development and our quality of life. This event is unparalleled in the Atlanta region and has come to be known as the highest honor for the aforementioned contributions. The Council considers the "Four Pillars" of leadership and success to be Quality, Responsibility, Vision, and Integrity.


About Charles Loudermilk:
R. Charles Loudermilk, Sr. serves as Chairman of the Board for Atlanta-based Aaronís, Inc, a lease-to-own retailer specializing in the sales and lease ownership of residential furniture, consumer electronics, home appliances and accessories. Loudermilk and a partner founded the company in 1955 after borrowing $500 to purchase folding chairs and renting them for 10 cents a day to auction houses. Today, Aaronís, Inc. is a publicly traded company (NYSE: AAN) with revenues totaling $1.8 billion.
Though Aaronís, Inc., formerly Aaron Rents Inc., started in Atlanta, the company now has more than 1,850 stores in the U.S. and Canada. In 1967, the first Aaronís store opened outside of Atlanta (Baltimore, MA), in 1982 the company made its Initial public offering of stock, and by 1987 annual revenues had reached $100 million. In 1992, the first franchise store was opened and six years later the company stock was listed on the NYSE. By 2000, the company opened its 500th store and in 2005, annual revenues had reached $1 billion. In 2008, Loudermilkís son, Robin Loudermilk, was named CEO of the company. That same year, Loudermilk was awarded Association of Progressive Rental Organization's 2008 Lifetime Achievement Award, was named Business to Business 2008 Philanthropist of the Year and The Atlanta City Council voted to change the name of Buckhead Triangle Park to Charlie Loudermilk Park.
Loudermilk was born in Atlanta where he currently lives. He attended North Fulton High School and Georgia Tech, served in the U.S. Navy and graduated from the University of North Carolina in 1950 with a Bachelor of Science degree in Commerce.


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