Encore Capital appoints Tomas Hernanz as CFO, effective April 1, 2025; Jonathan Clark transitions to senior advisor

ENCORE CAPITAL GROUP INC

Hernanz will receive $500K base salary, 85% target bonus, and $950K LTI (50% RSUs, 50% PSUs).
Clark will serve as senior advisor for up to 30 hrs/month for 24 months starting April 1, 2025.
Clark's outstanding equity awards will continue vesting subject to continued service as consultant.
Hernanz previously CFO of Cabot Credit Management since Oct 2022; joined Encore in 2016.
Severance benefits under Executive Separation Plan as Tier 1 participant; relocation expenses eligible.

item 5.02

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Role change

Jonathan Clark

Senior Advisor

ECPG · ENCORE CAPITAL GROUP INC

Effective: 2025-04-01
Successor: Tomas Hernanz
Filed: March 31, 2025, 7:59 PM ET

Mr. Clark will serve as a senior advisor to the Company providing services as requested by the Company for up to 30 hours each month for a 24-month period beginning on April 1, 2025.

Appointed

Tomas Hernanz

Executive Vice President, Chief Financial Officer and Treasurer

ECPG · ENCORE CAPITAL GROUP INC

Effective: 2025-04-01
Filed: March 31, 2025, 7:59 PM ET

the board of directors (the “Board”) of Encore Capital Group, Inc. (the “Company”) appointed Tomas Hernanz to succeed Jonathan Clark as Executive Vice President, Chief Financial Officer and Treasurer of the Company, effective April 1, 2025.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.9

Jonathan Clark changed role as Senior Advisor at ENCORE CAPITAL GROUP INC.

Action: will serve as senior advisor
Role: Senior Advisor

Exact text from the filing

Mr. Clark will serve as a senior advisor to the Company providing services as requested by the Company for up to 30 hours each month for a 24-month period beginning on April 1, 2025.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Tomas Hernanz was appointed as Executive Vice President, Chief Financial Officer and Treasurer at ENCORE CAPITAL GROUP INC.

Action: appointed
Role: Executive Vice President, Chief Financial Officer and Treasurer

Exact text from the filing

the board of directors (the “Board”) of Encore Capital Group, Inc. (the “Company”) appointed Tomas Hernanz to succeed Jonathan Clark as Executive Vice President, Chief Financial Officer and Treasurer of the Company, effective April 1, 2025.

View on SEC.gov

ENCORE CAPITAL GROUP INC filing history →

Source: SEC EDGAR

accession 0001084961-25-000032

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