Conn’s, Inc. (NASDAQ/NM: CONN), a specialty retailer of home appliances, consumer electronics, computers, mattresses, furniture and lawn and garden products, today reported, as was previously announced, that Timothy L. Frank became the Company’s Chief Executive Officer effective June 2, 2009. Additionally, as part of the Company’s succession planning, William C. Nylin, Jr., was named as the Chairman of the Board effective June 2, 2009. Thomas J. Frank, Sr., retired effective June 2, 2009, and will remain on the Company’s Board of Directors and has entered into a consulting contract with the Company.

“We are very fortunate to have had the opportunity to work with Tommy as he built the management team that is in place today. We are grateful for his contributions to the Company over the past 51 years and look forward to continuing to receive his guidance and counsel as he moves into his new role with the Company,” said Timothy L. Frank, the Company’s CEO and President.

Timothy L. Frank has been a member of the Board of Directors since November 23, 2008, and was elected Chief Executive Officer effective June 2, 2009, by the Board of Directors and President of our Company effective April 1, 2006. Mr. Frank has previously served as the Company’s Chief Operating Officer from June 1, 2007, and its Senior Vice President – Retail from May, 2005. He joined the Company in September 1995 and has served in various roles throughout the Company, including Director of Advertising, Director of Credit, Director of Legal Collections, Director of Direct Marketing, and as Vice President of Special Projects. Prior to joining the Company, Mr. Frank served in various marketing positions with a nationally known marketing consulting company. Mr. Frank holds a B.S. in Liberal Arts from Texas A&M University and an M.B.A. in Marketing from the University of North Texas. Mr. Frank has also completed a post-graduate program at Harvard University.

William C. Nylin, Jr. has been a member of the Board of Directors and served as Executive Vice Chairman of the Board since March 28, 2006. Dr. Nylin served as the Company’s Chief Operating Officer from 1995 until June 1, 2007. From 1995 until April 1, 2006, Dr. Nylin also served as the Company’s President. He was a director of the predecessor to the Company commencing in 1993, and remained a member until September 2003, when the Company became a publicly held entity. In addition to responsibilities as Executive Vice Chairman, Dr. Nylin had direct responsibility for information technology and risk management. From 1984 to 1995, Dr.