Industry & Services >> CEO Interviews >> January 20, 1999

William E. Morgenstern – Rent-way Inc (rwy)

WILLIAM E. MORGENSTERN, a founder of Rent-Way, has served as its President and Chief Executive Officer since its formation in 1981. Mr. Morgenstern has directed the implementation of the Company's systems and procedures, controls, advertising and marketing concepts. Mr. Morgenstern began his rental-purchase industry career with Rent-A-Center in 1979 in Ft. Worth, Texas. While employed by Rent-A-Center, he held the positions of store manager and district manager for Pennsylvania and New York. Mr. Morgenstern is currently President of the Pennsylvania Association of Rental Dealers. From 1986 to 1988, he served on the Board of Directors of APRO, the industry's national trade association. Mr. Morgenstern is also very active in his community. He is a member of the Erie Conference on Community Development and served as the Chairperson for the Boy Scouts Annual Golf Outing in 1997. He was also the recipient of the 1996 Entrepreneur of the Year Award. Mr. Morgenstern and his wife Shelley reside with their three children, Jackie, Chas and Danny, in Erie. Profile
TWST: Could you start out by giving us a brief overview of Rent-Way.

Your history, services, products, customers, those kinds of things?

Mr. Morgenstern: Our company is in the