FirstCash Holdings Management
Management criteria checks 2/4
FirstCash Holdings' CEO is Rick Wessel, appointed in Nov 2006, has a tenure of 16.58 years. total yearly compensation is $9.84M, comprised of 12.8% salary and 87.2% bonuses, including company stock and options. directly owns 1.78% of the company’s shares, worth MX$1.34B. The average tenure of the management team and the board of directors is 10.1 years and 6.8 years respectively.
Key information
Rick Wessel
Chief executive officer
US$9.8m
Total compensation
| CEO salary percentage | 12.8% |
| CEO tenure | 16.6yrs |
| CEO ownership | 1.8% |
| Management average tenure | 10.1yrs |
| Board average tenure | 6.8yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Mar 31 2023 | n/a | n/a | US$273m |
| Dec 31 2022 | US$10m | US$1m | US$253m |
| Sep 30 2022 | n/a | n/a | US$203m |
| Jun 30 2022 | n/a | n/a | US$177m |
| Mar 31 2022 | n/a | n/a | US$119m |
| Dec 31 2021 | US$7m | US$1m | US$125m |
| Sep 30 2021 | n/a | n/a | US$128m |
| Jun 30 2021 | n/a | n/a | US$110m |
| Mar 31 2021 | n/a | n/a | US$107m |
| Dec 31 2020 | US$10m | US$1m | US$107m |
| Sep 30 2020 | n/a | n/a | US$128m |
| Jun 30 2020 | n/a | n/a | US$148m |
| Mar 31 2020 | n/a | n/a | US$155m |
| Dec 31 2019 | US$7m | US$1m | US$165m |
| Sep 30 2019 | n/a | n/a | US$159m |
| Jun 30 2019 | n/a | n/a | US$157m |
| Mar 31 2019 | n/a | n/a | US$154m |
| Dec 31 2018 | US$8m | US$1m | US$153m |
| Sep 30 2018 | n/a | n/a | US$173m |
| Jun 30 2018 | n/a | n/a | US$168m |
| Mar 31 2018 | n/a | n/a | US$153m |
| Dec 31 2017 | US$6m | US$1m | US$144m |
| Sep 30 2017 | n/a | n/a | US$113m |
| Jun 30 2017 | n/a | n/a | US$83m |
| Mar 31 2017 | n/a | n/a | US$80m |
| Dec 31 2016 | US$6m | US$1m | US$60m |
Compensation vs Market: Rick's total compensation ($USD9.84M) is above average for companies of similar size in the MX market ($USD1.61M).
Compensation vs Earnings: Rick's compensation has increased by more than 20% in the past year.
CEO
Rick Wessel (64 yo)
16.6yrs
Tenure
US$9,836,835
Compensation
Mr. Rick L. Wessel has been Vice Chairman of FirstCash Holdings, Inc (formerly known as FirstCash, Inc). (formerly First Cash Financial Services Inc) since September 1, 2016 and as its Chief Executive Offi...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Vice Chairman & CEO | 16.6yrs | US$9.84m | 1.78% MX$ 1.3b | |
| President & COO | 6.8yrs | US$4.00m | 0.10% MX$ 76.6m | |
| Executive VP | 20.4yrs | US$3.83m | 0.34% MX$ 255.2m | |
| Senior Vice President of Latin American Operations | 10.1yrs | US$1.52m | 0.030% MX$ 22.7m | |
| AFF President | 1.5yrs | US$1.99m | 0.029% MX$ 21.8m | |
| Investor Relations-Global IR Group | no data | no data | no data | |
| Senior Vice President of Compliance & Government Relations | 8.4yrs | US$465.00k | no data | |
| Senior Vice President of Store Development & Facilities | 10.1yrs | US$755.00k | no data |
10.1yrs
Average Tenure
57yo
Average Age
Experienced Management: FCFS1 *'s management team is seasoned and experienced (10.1 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Vice Chairman & CEO | 30.6yrs | US$9.84m | 1.78% MX$ 1.3b | |
| Independent Director | 6.8yrs | US$236.09k | 0.048% MX$ 35.8m | |
| Chairman of the Board | 6.8yrs | US$300.00k | 0.12% MX$ 88.1m | |
| Lead Independent Director | 13.7yrs | US$236.09k | 0.024% MX$ 18.0m | |
| Independent Director | 6.8yrs | US$231.09k | 0.039% MX$ 29.5m | |
| Independent Director | 13.7yrs | US$226.09k | 0.020% MX$ 15.1m | |
| Director | 1.5yrs | US$211.09k | 15.45% MX$ 11.6b | |
| Independent Director | 2.4yrs | US$211.09k | 0.0072% MX$ 5.4m | |
| Independent Director | less than a year | US$101.91k | 0.0018% MX$ 1.3m |
6.8yrs
Average Tenure
64yo
Average Age
Experienced Board: FCFS1 *'s board of directors are considered experienced (6.8 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2023/06/13 03:55 |
| End of Day Share Price | 2023/03/16 00:00 |
| Earnings | 2023/03/31 |
| Annual Earnings | 2022/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
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Analyst Sources
FirstCash Holdings, Inc. is covered by 21 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Elizabeth Pierce Ladd | Ascendiant Capital Markets LLC |
| Gilberto Garcia | Barclays |
| Vincent Caintic | BTIG |