leadership
confidence high
sentiment neutral
materiality 0.75
World Acceptance appoints John Calmes Jr. CEO effective Sept 21, 2026
WORLD ACCEPTANCE CORP
- John L. Calmes Jr., 46, named President and CEO, effective Sept 21, 2026; previously EVP, CFO and Strategy Officer and Treasurer.
- Employment agreement: $600,000 base salary, up to 100% annual bonus (guaranteed $300,000 for FY2027), $500,000 equity grant, severance and change-in-control provisions.
- Scott McIntyre, 50, designated Principal Financial Officer, succeeding Calmes; remains SVP Accounting, no compensation change.
- Calmes replaces J. Tobin Turner as Principal Executive Officer; chairman Ken Bramlett Jr. cites deep business understanding and strong balance sheet.
- In first 2.5 months of Q2 FY2027, business producing strong results similar to Q1, per Calmes.