Short answer
WORLD ACCEPTANCE CORP (WRLD) filed an 8-K current report with the SEC on September 21, 2026 reporting Item 5.02 (Departure/Election of Directors or Officers). John L. Calmes Jr. appointed CEO effective September 21, 2026, succeeding operational leadership under J. Tobin Turner.
WORLD ACCEPTANCE CORP 8-K event analysis
AI summary of each reported item and its exhibits
Item 5.02 · Departure/Election of Directors or Officers
- John L. Calmes Jr. appointed CEO effective September 21, 2026, succeeding operational leadership under J. Tobin Turner
- Calmes brings internal continuity after serving as CFO and strategy chief since 2013
- Scott McIntyre succeeds Calmes as principal financial officer without compensation changes
- CEO compensation includes $600,000 base salary, bonus opportunity up to 100%, and $300,000 guaranteed fiscal 2027 bonus
- Additional $500,000 long-term equity grant and severance provisions increase CEO compensation commitments
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