CURO Announces Changes in Board Composition and Leadership
09 February 2023 - 8:30AM
Business Wire
CURO to Announce Fourth Quarter and
Full-Year 2022 Financial Results on Thursday, February 23,
2023
CURO Group Holdings Corp. (NYSE: CURO) (“CURO”), a tech-enabled,
omni-channel consumer finance company serving non-prime and prime
consumers in the U.S. and Canada, announced the appointments of
Chad Faulkner as Chairman of the Board of Directors and David
Kirchheimer as Lead Independent Director. Mr. Faulkner, one of
CURO’s three founders and a significant stockholder, currently
serves as a Board member and succeeds Chris Masto in this role.
CURO has accepted the resignations of directors Elizabeth Webster,
Dale Williams and Karen Winterhof, which will decrease the size of
the Board from eleven to eight members. All changes are effective
immediately.
Mr. Faulkner commented on Board changes, “We are moving forward
with a smaller board to be nimbler and more efficient, and in
recent months we have rotated several board and committee
leadership roles to bring fresh perspectives. I want to thank our
departing directors for their many contributions to CURO.”
In addition to these changes and to further align the interests
of Board members and stockholders, effective January 1, 2023, Board
compensation for continuing directors will be paid exclusively in
equity.
Doug Clark, CURO’s CEO, added, “We are excited about the future
of the Company and believe a streamlined Board will help drive
long-term stockholder value. I thank the Board for its continued
support as we continue to execute on our strategic
transformation.”
CURO will host a conference call to discuss its fourth quarter
and full-year 2022 results at 8:30 a.m. Eastern Time on Thursday,
February 23, 2023. The live webcast of the call can be accessed at
the CURO Investors website at http://ir.curo.com/ along with CURO’s
earnings press release, supplemental financial information and
presentation slides.
You may access the call at 1-833-953-2430 (1-412-317-5759 for
international callers). Please ask to join the CURO Group Holdings
call. A replay of the conference call will be available until March
2, 2023, at 5:00 p.m. Eastern Time. An archived version of the
webcast will be available on the CURO Investors website for 90
days. You may access the conference call replay at 1-877-344-7529
(1-412-317-0088 for international callers). The replay access code
is 3665641.
ABOUT CURO
CURO Group Holdings Corp. (NYSE: CURO) is a full-spectrum
consumer credit lender serving U.S. and Canadian customers for over
25 years. Our roots in the consumer finance market run deep. We’ve
worked diligently to provide customers a variety of convenient,
easily accessible financial services. Our decades of alternative
data power a hard-to-replicate underwriting and scoring engine,
mitigating risk across the full spectrum of credit products. We
operate a number of brands, including Cash Money®, LendDirect®,
Flexiti®, Heights Finance, Southern Finance, Covington Credit,
Quick Credit and First Heritage Credit.
(CURO-NWS)
View source
version on businesswire.com: https://www.businesswire.com/news/home/20230208005670/en/
Investor Relations: CURO Group Holdings Corp. Izzy Dawood Chief
Financial Officer 844-200-0342 IR@curo.com
CURO (NYSE:CURO)
Historical Stock Chart
From Oct 2024 to Nov 2024
CURO (NYSE:CURO)
Historical Stock Chart
From Nov 2023 to Nov 2024