World Acceptance promotes J. Tobin Turner to EVP and COO; base salary $450K, equity grants awarded

WORLD ACCEPTANCE CORP

Turner appointed EVP and COO effective Feb 13, 2026; previously SVP of Marketing and Analytics since 2023.
Base salary of $450,000; eligible for stock incentive plan and other benefits.
Granted 6,000 time-based restricted shares (3-year quarterly vest) and 2,500 performance-based restricted shares tied to EPS target through March 2027.
Employment agreement includes $450K severance (24-month payout), accelerated vesting on change of control, and COBRA premium payment.
Non-compete, non-solicit, confidentiality, and non-disparagement obligations apply during and 2 years post-employment.

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