---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-22-009069"
form_type: "8-K"
ticker: "OMCC"
cik: "0001000045"
company_name: "OLD MARKET CAPITAL Corp"
filed_at: "2022-05-10T23:59:59+00:00"
generated_at: "2026-06-25T21:21:35.573252+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Nicholas Financial CEO Doug Marohn resigns; Michael Rost named interim CEO

## Summary
- CEO Doug Marohn resigned effective May 9, 2022; receives $131,250 severance plus 4.5 months COBRA.
- Michael Rost, 51, appointed interim CEO; previously VP of Branch Operations with 20+ years at company.
- Board to start search for permanent CEO; Rost expected to be a candidate.
- Unvested restricted stock forfeited; one-year non-compete and employee/customer non-solicit imposed.

## SEC filing metadata
- accession: 0000950170-22-009069
- form_type: 8-K
- ticker: OMCC
- cik: 0001000045
- company_name: OLD MARKET CAPITAL Corp
- filed_at: 2022-05-10T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1000045/000095017022009069/0000950170-22-009069-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1000045/000095017022009069/nick-20220510.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-22-009069
- JSON: https://secwatch.observer/filing/0000950170-22-009069.json
- Plain text: https://secwatch.observer/filing/0000950170-22-009069.txt

## Key facts
- Executive change
  Michael Rost was appointed as interim Chief Executive Officer at OLD MARKET CAPITAL Corp.
  - Action: appointed
  - Role: interim Chief Executive Officer
  source text: the Board appointed Michael Rost, 51, as interim Chief Executive Officer, effective immediately.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1000045/000095017022009069/0000950170-22-009069-index.htm
- Executive change
  Doug Marohn resigned as President and Chief Executive Officer at OLD MARKET CAPITAL Corp.
  - Action: resigned
  - Role: President and Chief Executive Officer
  source text: the Company entered into a separation and release of claims agreement with Mr. Marohn.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1000045/000095017022009069/0000950170-22-009069-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.