FirstCash Appoints New CFO, Announces Compensation
Ticker: FCFS · Form: 8-K · Filed: Dec 3, 2024 · CIK: 840489
| Field | Detail |
|---|---|
| Company | Firstcash Holdings, Inc. (FCFS) |
| Form Type | 8-K |
| Filed Date | Dec 3, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 2 min |
| Sentiment | neutral |
Sentiment: neutral
Topics: executive-appointment, compensation
TL;DR
FirstCash names new CFO, Doug McNeely, with $450K salary + $1M stock grant.
AI Summary
FirstCash Holdings, Inc. announced on December 2, 2024, the appointment of Douglas L. McNeely as Chief Financial Officer, effective December 3, 2024. McNeely will receive an annual base salary of $450,000 and will be eligible for the company's annual incentive plan. He will also receive a grant of restricted stock units valued at $1,000,000, vesting over three years.
Why It Matters
The appointment of a new CFO is a significant leadership change that can impact financial strategy and investor confidence. The disclosed compensation package provides insight into the company's investment in key executive talent.
Risk Assessment
Risk Level: low — This filing reports routine executive appointments and compensation, which typically carries low risk.
Key Numbers
- $450,000 — CFO Annual Salary (Represents the base compensation for the newly appointed CFO.)
- $1,000,000 — CFO Stock Grant (Indicates the value of equity compensation awarded to the new CFO.)
Key Players & Entities
- FirstCash Holdings, Inc. (company) — Registrant
- Douglas L. McNeely (person) — Appointed Chief Financial Officer
- $450,000 (dollar_amount) — Annual base salary for new CFO
- $1,000,000 (dollar_amount) — Value of restricted stock units granted to new CFO
- December 2, 2024 (date) — Date of report
- December 3, 2024 (date) — Effective date of CFO appointment
FAQ
Who has been appointed as the new Chief Financial Officer of FirstCash Holdings, Inc.?
Douglas L. McNeely has been appointed as the new Chief Financial Officer.
When is the appointment of the new CFO effective?
The appointment of Douglas L. McNeely as CFO is effective December 3, 2024.
What is the annual base salary for the new CFO?
The annual base salary for Douglas L. McNeely is $450,000.
What is the value of the restricted stock units granted to the new CFO?
The new CFO, Douglas L. McNeely, will receive a grant of restricted stock units valued at $1,000,000.
Over what period will the new CFO's restricted stock units vest?
The restricted stock units granted to Douglas L. McNeely will vest over three years.
Filing Stats: 557 words · 2 min read · ~2 pages · Grade level 11.1 · Accepted 2024-12-02 17:52:36
Filing Documents
- fcfs-20241202.htm (8-K) — 22KB
- fcfs-20241202_g1.jpg (GRAPHIC) — 167KB
- 0000840489-24-000139.txt ( ) — 539KB
- fcfs-20241202.xsd (EX-101.SCH) — 2KB
- fcfs-20241202_lab.xml (EX-101.LAB) — 21KB
- fcfs-20241202_pre.xml (EX-101.PRE) — 12KB
- fcfs-20241202_htm.xml (XML) — 3KB
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Dated: December 2, 2024 FIRSTCASH HOLDINGS, INC. (Registrant) /s/ R. DOUGLAS ORR R. Douglas Orr Executive Vice President and Chief Financial Officer (As Principal Financial and Accounting Officer) 3