WORLD ACCEPTANCE CORP (WRLD) Form 8-K — Sep 21, 2026
World Acceptance Corporation's Board appointed John L. Calmes Jr. as President and Chief Executive Officer, effective September 21, 2026. Calmes joined the company in December 2013 as CFO and most recently served as EVP, Chief Financial and Strategy Officer, and Treasurer.
Key figures
- Branches
- more than 1,000 World Finance branches
- Base salary
- 600000
- Customers annually
- over 1 million
- Equity grant value
- 500000
- Severance multiple
- 2x base salary
- Annual bonus target
- no less than 50% of base salary
- States of operation
- 16
- Annual bonus maximum
- 100% of base salary
- Equity grant structure
- 2/3 time-based vesting April 1, 2027; 1/3 performance-based
- Employment initial term
- 3 years, September 21, 2026 to September 20, 2029
- Guaranteed fy2027 bonus
- 300000
AI analysis
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