---
title: "PROG appoints Steven A. Michaels as Chairman; Ray M. Robinson named Lead Independent Director"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/285560053.md"
description: "PROG has appointed Steven A. Michaels as Chairman of the Board and Ray M. Robinson as Lead Independent Director, effective May 7, 2026. Michaels, who is also the President and CEO, takes on this additional leadership role to recognize his contributions to the company. The board's decision reflects a desire to retain his leadership as the company continues to grow its payment solutions ecosystem."
datetime: "2026-05-07T13:13:00.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/285560053.md)
  - [en](https://longbridge.com/en/news/285560053.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/285560053.md)
generator: "portal-rs"
---

# PROG appoints Steven A. Michaels as Chairman; Ray M. Robinson named Lead Independent Director

**PROG appointed Steven A. Michaels as Chairman of the Board, effective immediately, and named Ray M. Robinson Lead Independent Director.**

**Individual**

Steven A. Michaels

Ray M. Robinson

**Role**

President, Chief Executive Officer; Chairman of the Board (additional)

Lead Independent Director

**Type of Change**

Appointed to additional board leadership role

Appointed to board leadership role

**Effective Date**

May 7, 2026

May 7, 2026

**Reason**

Board elected him to the additional position; Award reflects desire to retain and recognize his leadership

Succeeded by Michaels as Chairman; appointed Lead Independent Director

**Replacement Info**

Not disclosed

Not disclosed

**Background Details**

Has built management team, delivered strong financial performance and grown the Company's payment solutions ecosystem (per filing)

Not disclosed

**Board/Committee Role Changes**

Chairman (additional)

Lead Independent Director

Original SEC Filing: PROG Holdings, Inc. \[ PRG \] - 8-K - May. 07, 2026

**Disclaimer**

This is an AI-powered summary. It may contain inaccuracies. Consider verifying important information with the source. Please note this summary is solely based on documents filed with the SEC.

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---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**