FirstCash Holdings Management
Management criteria checks 3/4
FirstCash Holdings' CEO is Rick Wessel, appointed in Nov 2006, has a tenure of 17.42 years. total yearly compensation is $9.84M, comprised of 12.8% salary and 87.2% bonuses, including company stock and options. directly owns 1.9% of the company’s shares, worth $113.32M. The average tenure of the management team and the board of directors is 10.9 years and 7.6 years respectively.
Key information
Rick Wessel
Chief executive officer
US$9.8m
Total compensation
| CEO salary percentage | 12.8% |
| CEO tenure | 17.4yrs |
| CEO ownership | 1.9% |
| Management average tenure | 10.9yrs |
| Board average tenure | 7.6yrs |
Recent management updates
Recent updates
FirstCash Stands To Benefit From Pressures On Both Consumers And Other Lenders
Apr 09Does FirstCash Holdings (NASDAQ:FCFS) Deserve A Spot On Your Watchlist?
Jan 28
With FirstCash Holdings, Inc. (NASDAQ:FCFS) It Looks Like You'll Get What You Pay For
Jan 01Here's Why FirstCash Holdings (NASDAQ:FCFS) Has Caught The Eye Of Investors
Oct 10FirstCash Holdings (NASDAQ:FCFS) Is Paying Out A Larger Dividend Than Last Year
Aug 01Does FirstCash Holdings (NASDAQ:FCFS) Deserve A Spot On Your Watchlist?
Jul 03We Ran A Stock Scan For Earnings Growth And FirstCash Holdings (NASDAQ:FCFS) Passed With Ease
Apr 02FirstCash Holdings, Inc Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions
Feb 04Here's Why We Think FirstCash Holdings (NASDAQ:FCFS) Is Well Worth Watching
Dec 07FirstCash Holdings: Counter-Cyclical Pawn Business
Sep 16FirstCash Holdings increases size, extends maturity date of credit facility
Aug 31FirstCash Holdings (NASDAQ:FCFS) Is Increasing Its Dividend To $0.33
Aug 10FirstCash Seeing A Strong Core Pawn Recovery, But Point-Of-Sale Is Lagging
Aug 08FirstCash Non-GAAP EPS of $1.08 beats by $0.10, revenue of $647.61M in-line
Jul 28FirstCash Holdings, Inc (NASDAQ:FCFS) Not Flying Under The Radar
Jul 21FirstCash Holdings (NASDAQ:FCFS) Has Affirmed Its Dividend Of US$0.30
May 12FirstCash Navigating A Sluggish Latin American Recovery And Uncertainties Around A Major New Acquisition
Feb 22CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | n/a | n/a | US$219m |
| Sep 30 2023 | n/a | n/a | US$230m |
| Jun 30 2023 | n/a | n/a | US$232m |
| 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$144m |
Compensation vs Market: Rick's total compensation ($USD9.84M) is about average for companies of similar size in the US market ($USD8.30M).
Compensation vs Earnings: Rick's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
CEO
Rick Wessel (64 yo)
17.4yrs
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 | 17.4yrs | US$9.84m | 1.9% $ 113.3m | |
| President & COO | 7.6yrs | US$4.00m | 0.16% $ 9.4m | |
| Executive VP | 21.3yrs | US$3.83m | 0.36% $ 21.4m | |
| Senior Vice President of Latin American Operations | 10.9yrs | US$1.52m | 0.034% $ 2.0m | |
| AFF President | 2.3yrs | US$1.99m | 0.021% $ 1.3m | |
| Investor Relations-Global IR Group | no data | no data | no data | |
| Senior Vice President of Compliance & Government Relations | 9.3yrs | US$465.00k | no data | |
| Senior Vice President of Store Development & Facilities | 10.9yrs | US$755.00k | no data |
10.9yrs
Average Tenure
57yo
Average Age
Experienced Management: FCFS's management team is seasoned and experienced (10.9 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Vice Chairman & CEO | 31.4yrs | US$9.84m | 1.9% $ 113.3m | |
| Independent Director | 7.6yrs | US$236.09k | 0.041% $ 2.4m | |
| Chairman of the Board | 7.6yrs | US$300.00k | 0.12% $ 7.1m | |
| Lead Independent Director | 14.5yrs | US$236.09k | 0.027% $ 1.6m | |
| Independent Director | 7.6yrs | US$231.09k | 0.043% $ 2.6m | |
| Independent Director | 14.5yrs | US$226.09k | 0.019% $ 1.1m | |
| Director | 2.3yrs | US$211.09k | 12.13% $ 724.8m | |
| Independent Director | 3.3yrs | US$211.09k | 0.011% $ 630.0k | |
| Independent Director | 1.8yrs | US$101.91k | 0.0051% $ 304.2k |
7.6yrs
Average Tenure
64yo
Average Age
Experienced Board: FCFS's board of directors are considered experienced (7.6 years average tenure).