Charlie Loudermilk Stepping Down from Aaron's Leadership
The Buckhead businessman and philanthropist is stepping down as chairman of the company's board.
Buckhead business legend Charlie Loudermilk is taking another step in handing off leadership of Aaron's, the rent-to-own company that he founded, the Atlanta Journal-Constitution reports.
The article said Loudermilk announced Monday that he will step down as the chairman of the company's board in mid-September to become chairman emeritus.
“I restored a central spot of my boyhood dreams and have, at the same time, contributed something special to Buckhead, which also means a lot to me,” said Loudermilk.
A park in front of the theater bears his name and a statue that was erected in his honor.
Loudermilk's son, Robin, stepped down as the CEO of Aaron's last year, citing health concerns.
The AJC reported that Aaron's board members and executives were surprised to learn of Charlie Loudermilk's decision.
Here are some previous Patch articles about Charlie Loudermilk and some of his projects in Buckhead: