EZCORP President Mexico Pawn departs; gets $1.1M severance, retained as consultant for Latin America expansion

EZCORP INC

Francisco J. Kuthy Saenger left as President, Mexico Pawn effective Sept 21, 2022; had been a Named Executive Officer.
Severance of ~$1.1M paid under Employment Termination Agreement per Mexican statutory requirements.
Company expects to engage Kuthy via personal service company for consulting at $300K/year plus 50% performance bonus.
Consulting agreement focuses on Latin America expansion, acquisition and de novo opportunities; 60-day termination notice.

item 5.02

Executive movements

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Departed

Francisco J. Kuthy Saenger

President, Mexico Pawn

EZPW · EZCORP INC

Effective: 2022-09-21
Filed: September 23, 2022, 7:59 PM ET

Effective September 21, 2022, Francisco J. Kuthy Saenger has left the Company.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Francisco J. Kuthy Saenger departed as President, Mexico Pawn at EZCORP INC.

Action: left
Role: President, Mexico Pawn

Exact text from the filing

Effective September 21, 2022, Francisco J. Kuthy Saenger has left the Company.

View on SEC.gov

EZCORP INC filing history →

Source: SEC EDGAR

accession 0000876523-22-000062

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