Conn’s chairman stepping down

Beaumont, Texas -- Regional appliance and electronics chain Conn's said Thursday that chairman William C. Nylin Jr. is stepping down and will be succeeded as non-executive chairman by director Theodore Wright.

Nylin has served as chairman since June 2009 and was executive vice chairman before that. He has been on the board since 1993 and has also served as the company's COO and president. He will remain on the board.