---
schema_version: "secwatch.filing_event.v1"
accession: "0001084961-25-000032"
form_type: "8-K"
ticker: "ECPG"
cik: "0001084961"
company_name: "ENCORE CAPITAL GROUP INC"
filed_at: "2025-03-31T23:59:59+00:00"
generated_at: "2026-05-24T01:27:06.143705+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001084961-25-000032
- form_type: 8-K
- ticker: ECPG
- cik: 0001084961
- company_name: ENCORE CAPITAL GROUP INC
- filed_at: 2025-03-31T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1084961/000108496125000032/0001084961-25-000032-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1084961/000108496125000032/ecpg-20250326.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001084961-25-000032
- JSON: https://secwatch.observer/filing/0001084961-25-000032.json
- Plain text: https://secwatch.observer/filing/0001084961-25-000032.txt

## Key facts
- Executive change
  Jonathan Clark changed role as Senior Advisor at ENCORE CAPITAL GROUP INC.
  - Action: will serve as senior advisor
  - Role: Senior Advisor
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1084961/000108496125000032/0001084961-25-000032-index.htm
- Executive change
  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
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1084961/000108496125000032/0001084961-25-000032-index.htm

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