EZCORP, Inc. Appoints Robert J. Hicks as Chief Accounting Officer
December 02, 2021 at 10:30 pm
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EZCORP, Inc. has appointed Robert J. Hicks as Chief Accounting Officer (principal accounting officer), effective December 1, 2021. Mr. Hicks, age 41, has been with the Company since October 2020, serving as Vice President of Finance and Accounting Transformation. Prior to joining the Company, Mr. Hicks spent five years with Highgate Hotels, a real estate and hospitality management company providing services to real estate owners in major U.S. markets, serving as Senior Vice President of Accounting (January 2020-October 2020) and Vice President of Accounting and Financial Reporting (November 2015-January 2020). Mr. Hicks takes over the Chief Accounting Officer role from Fred E. Herman, who is retiring from the position after having been appointed in July 2020. Mr. Herman will remain with the Company as an advisor to the Chief Financial Officer.
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.