CURO Announces Legal Department Leadership Transition

Rhea-AI Summary

CURO Group Holdings Corp. (NYSE: CURO) has announced that Rebecca Fox will take over the legal leadership role following the departure of Vin Thomas next month. Ms. Fox, currently the General Counsel and Chief Privacy Officer, has been with CURO since July 2017 and has extensive experience in consumer finance, including a prior position at Lending Club. CEO Don Gayhardt expressed confidence in her ability to transition smoothly into the new role. The company, founded in 1997, provides diverse financial solutions across the U.S. and Canada, supporting non-prime and prime consumers.

Positive

• Rebecca Fox's promotion may bring fresh perspectives and strengthen leadership due to her extensive experience in consumer finance.
• Continuity in legal leadership with a well-versed candidate in compliance and data governance.

Negative

• The departure of Vin Thomas may raise concerns about continuity and experience in the legal team.

WICHITA, Kan.--(BUSINESS WIRE)-- CURO Group Holdings Corp. (NYSE: CURO) (“CURO”), a tech-enabled, omni-channel consumer finance company serving a full spectrum of non-prime and prime consumers in the U.S. and Canada, today announced Rebecca Fox will lead CURO’s legal function when Vin Thomas departs next month to pursue a new career opportunity.

Ms. Fox has been with CURO since July 2017 and currently serves as our General Counsel and Chief Privacy Officer. Prior to joining CURO, Ms. Fox served as Sr. Associate General Counsel at Lending Club from 2014 to 2017. Prior to Lending Club, Ms. Fox had extensive and broad experience in the alternative and specialty finance industries.

“We have nothing but confidence in Becca’s capabilities to seamlessly transition into this leadership role,” said Don Gayhardt, Chief Executive Officer of CURO. “With her extensive experience overseeing a wide array of consumer loan products and all privacy related matters including compliance implementation, data governance and oversight, we are pleased to expand her areas of responsibility.”

“On behalf of the entire organization, we want to thank Vin for his eight years of dedication and leadership,” continued Mr. Gayhardt. “Vin will be missed, and we wish him and his family nothing but the best.”

About CURO

CURO Group Holdings Corp. (NYSE: CURO) serves the evolving needs of the financial consumer. In 1997, the Company was founded by three childhood friends in Kansas to meet the growing consumer need for short-term loans. Today, CURO operates a robust, omni-channel platform providing comprehensive credit solutions to help customers achieve their financial goals. CURO’s decades of experience with alternative data power the underwriting and scoring engine, mitigating risk across the full spectrum of credit products. CURO operates under a number of brands including Speedy Cash®, Rapid Cash®, Cash Money®, LendDirect®, Flexiti®, Avío Credit®, Opt+®, Revolve Finance®, Heights Finance, Southern Finance, Covington Credit, Quick Credit and First Phase. Our diversified product channels allow us to meet the changing needs and preferences of our customers.

(CURO-NWS)

View source version on businesswire.com: https://www.businesswire.com/news/home/20220419006029/en/

Investor Relations:

Roger Dean

Executive Vice President and Chief Financial Officer

Phone: 844-200-0342

Email: IR@curo.com

Or

Financial Profiles, Inc.

Curo@finprofiles.com

Source: CURO Group Holdings Corp.

FAQ

Who is replacing Vin Thomas at CURO Group Holdings?

Rebecca Fox will replace Vin Thomas as the head of CURO's legal function.

What experience does Rebecca Fox have at CURO?

Rebecca Fox has been with CURO since July 2017, serving as General Counsel and Chief Privacy Officer.

What impact might the leadership change have on CURO?

The promotion of Rebecca Fox may enhance leadership continuity, but Vin Thomas's departure could create gaps in experience.

When is Vin Thomas leaving CURO?

Vin Thomas is set to leave CURO next month.