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World Acceptance CFO Retiring

Greenville, S.C.-based World Acceptance (NASDAQ: WRLD  ) is looking for a new CFO.

On Tuesday, World Acceptance announced that after eight years with the company, and seven years as chief financial officer, Kelly M. Malson is planning to retire soon. World Acceptance has begun seeking a replacement, and Malson says her departure date will depend in part on the company's progress in finding a replacement, indicating that she wishes to help create a "smooth transition" for her successor.

Commenting on Mason's decision to leave, company CEO Sandy McLean said: "Although we are sorry to see her leave, we respect Kelly's decision and desire to pursue other objectives and wish her all the best in those endeavors."

Over Malson's term as CFO from March 2006 through today, shares of the small-loan consumer finance company have appreciated 217% in value.


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9/28/2016 11:30 AM
WRLD $49.16 Up +1.03 +2.14%
World Acceptance CAPS Rating: *