EZCORP, Inc. Announces the Retirement of Thomas C. Roberts as an Independent Director and a Member of the Audit Committee and the Compensation Committee
October 29, 2018 at 04:15 pm EDT
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EZCORP, Inc. announced that on October 23, 2018 Thomas C. Roberts, an Independent Director and a Member of the Audit Committee and the Compensation Committee, informed the company of his decision to retire from the Board of Directors, effective immediately. Thomas C. Roberts served as a Director from January 2005 to January 2014 and from July 2014 until his recent retirement. He was a member of the audit committee all of that time, except for a brief period from September 2013 to January 2014.
EZCORP, Inc. is a provider of pawn transactions in the United States and Latin America. The Company also sells merchandise, primarily collateral forfeited from pawn lending operations and pre-owned and recycled merchandise purchased from customers. It operates through three segments: U.S. Pawn, Latin America Pawn, and Other Investments. The U.S. Pawn segment includes its EZPAWN, Value Pawn & Jewelry and other branded pawn operations in the United States. The Latin America Pawn segment includes its Empeno Facil, Cash Apoyo Efectivo (CAE) and other branded pawn operations in Mexico, as well as its GuatePrenda and MaxiEfectivo pawn operations in Guatemala, El Salvador, and Honduras (GPMX). At its pawn stores, it advances cash against the value of collateralized tangible personal property and sells merchandise to customers looking for good value. The merchandise it sells primarily consists of second-hand collateral forfeited from its pawn activities or merchandise purchased from customers.
EZCORP, Inc. Announces the Retirement of Thomas C. Roberts as an Independent Director and a Member of the Audit Committee and the Compensation Committee