World Acceptance Corporation Expands Its Board
June 28 2021 - 4:05PM
Business Wire
Welcomes Two New Independent Directors
World Acceptance Corporation (NASDAQ: WRLD) today announced the
appointment of two new independent directors, Elizabeth Russell
Neuhoff and Benjamin Robinson III to its Board of Directors,
effective immediately.
“World’s strategic focus on the financial wellness of its
customers received significant interest from a number of talented
individuals during our Board search process,” said Ken Bramlett,
Board chairman. “We believe the skillsets and perspectives of our
new Board members will enable them to make an immediate impact. We
welcome Beth and Ben to the Board and I look forward to serving
alongside them.”
Both Ms. Neuhoff and Mr. Robinson bring a wealth of experience
and specialized expertise from distinguished careers, prior board
service, volunteer engagements, and more.
Ms. Neuhoff is President and CEO of Neuhoff Communications, an
award-winning, privately held broadcast and digital media company.
She also serves as a director of West Best Mutual Insurance
Company, where she has held positions on the audit, strategic risk,
governance/compensation, and investment committees. She previously
served as a director for Gray Television. Ms. Neuhoff has expertise
and valuable experience in marketing and strategy, having been
named annually as one of the “Most Influential Women in Radio” by
Radio Ink magazine and received numerous other industry awards and
recognitions. She is actively involved in the broadcast industry,
with leadership roles in the National Association of Broadcasters
and the Broadcaster’s Foundation of America, and in the community,
with board service for Vineyard Trust, Palm Beach Community
Foundation, and the Bear Necessities Pediatric Cancer
Foundation.
Mr. Robinson is Chief Administrative Officer at Taylor Global, a
sports and entertainment PR firm, where he is responsible for
oversight of critical operational and strategic functions,
including performance management, risk management, compliance,
corporate social responsibility, ethics, talent and diversity, and
equity and inclusion. He also serves on the board of directors at
Bottomline Technologies, a fintech company. Mr. Robinson brings
expertise in strategy, marketing, and risk management, with
previous senior executive and C-suite roles at Prudential
Annuities, where he was responsible for strategy, business
development, innovation, diversity, change management, and ethics,
as well as for Bank of America and Mastercard. Mr. Robinson also
previously served as a Lieutenant and public affairs officer for
the US Navy Reserve, a member of the Federal Reserve Board Consumer
Advisory Council and as a congressional advisor to the US House of
Representatives Committee on Banking, Finance, and Urban
Affairs.
In connection with the appointments of Ms. Neuhoff and Mr.
Robinson, the size of the World Acceptance Board of Directors
increased from five directors to seven directors.
“We are excited and grateful to welcome two new board members as
World embarks on the next phase in its strategic development,” said
Chad Prashad, President and CEO of World Acceptance. “As we pursue
new priorities focused on improving the overall financial wellness
of our customers, we expect that the addition of Beth and Ben will
add strength and leadership in strategy, marketing and technology
to our already outstanding board of directors.”
World Acceptance conducted a formal search led by John Uprichard
at Find Great People, a nationally recognized talent acquisition
and human resources consulting firm.
About World Acceptance Corporation
Founded in 1962, World Acceptance Corporation (NASDAQ: WRLD) is
one of the largest small-loan consumer finance companies in the
nation, helping over one million customers annually to unlock their
“Financial Good.” Headquartered in Greenville, South Carolina, and
operating more than 1,200 community-based branches in 16 states,
World Acceptance offers the strength and technology of a national
financial institution with the personal service of a local
neighborhood branch. Services include fixed rate and payment
personal loan solutions and personal tax preparation and filing.
For more information, visit www.loansbyworld.com.
Cautionary Note Regarding Forward-Looking Information
This press release contains “forward-looking statements” within
the meaning of the Private Securities Litigation Reform Act of
1995, which represent the Company’s current expectations or beliefs
concerning future events. Statements other than those of historical
fact are forward-looking statements and are about matters that are
inherently subject to risks and uncertainties. The Company’s actual
results and financial condition may differ materially from those
indicated in the forward-looking statements. Therefore, you should
not rely on any of these forward-looking statements. Important
factors that could cause actual results or performance to differ
from the expectations expressed or implied in such forward-looking
statements are discussed in Part I, Item 1A. “Risk Factors” in the
Company’s most recent annual report on Form 10-K for the fiscal
year ended March 31, 2021, filed with the SEC and the Company’s
other reports filed with, or furnished to, the SEC from time to
time. The Company does not undertake any obligation to update any
forward-looking statements it makes. The Company is also not
responsible for updating the information contained in this press
release beyond the publication date, or for changes made to this
document by wire services or Internet services.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20210628005683/en/
John L. Calmes, Jr. Chief Financial and Strategy Officer (864)
298-9800
World Acceptance (NASDAQ:WRLD)
Historical Stock Chart
From Mar 2024 to Apr 2024
World Acceptance (NASDAQ:WRLD)
Historical Stock Chart
From Apr 2023 to Apr 2024