World Acceptance CEO R Prashad's 2019 pay jumps 2,626% to $19M
World Acceptance reports 2019 executive compensation
By ExecPay News
Published: July 12, 2019
World Acceptance reported fiscal year 2019 executive compensation information on July 12, 2019.
In 2019, eight executives at World Acceptance received on average a compensation package of $7.5M, a 598% increase compared to previous year.
Average pay of disclosed executives at World Acceptance
R Chad Prashad, Chief Executive Officer, received $19M in total, which increased by 2,626% compared to 2018. 88% of Prashad's compensation, or $17M, was in stock awards. Prashad also received $245K of change in pension value and nonqualified deferred compensation earnings, $326K in non-equity incentive plan, $1.4M in option awards, $370K in salary, as well as $32K in other compensation.
For fiscal year 2019, the median employee pay was $41,368 at World Acceptance. Therefore, the ratio of R Chad Prashad's pay to the median employee pay was 459 to one.
John L. Calmes, Jr, Executive Vice President and Chief Financial and Strategy Officer, received a compensation package of $10M, which increased by 1697% compared to previous year. 88% of the compensation package, or $9.1M, was in stock awards.
D. Clinton Dyer, Executive Vice President and Chief Branch Operations Officer, earned $10M in 2019, a 883% increase compared to previous year.
Luke J. Umstetter, General Counsel, received $6.9M in 2019.
Jeff L. Tinney, Senior Vice President– Western Division, earned $4.3M in 2019, a 643% increase compared to previous year.
Jackie C. Willyard, Senior Vice President – Western Division, received $4.2M in 2019.
Jason E. Childers, Senior Vice President – IT Strategic Solutions, earned $4.2M in 2019.
James H. Wanserski, Chief Executive Officer, received $171K in 2019, which increases by 71% compared to 2018.
World Acceptance's fiscal year ends on March 31.
Related executives
R Prashad
World Acceptance
Chief Executive Officer
James Wanserski
World Acceptance
Chief Executive Officer
John Calmes
World Acceptance
Executive Vice President and Chief Financial and Strategy Officer
D Dyer
World Acceptance
Executive Vice President and Chief Branch Operations Officer
Luke Umstetter
World Acceptance
General Counsel
Jason Childers
World Acceptance
Senior Vice President – IT Strategic Solutions
Jeff Tinney
World Acceptance
Senior Vice President– Western Division
Jackie Willyard
World Acceptance
Senior Vice President – Western Division
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Source: SEC filing on July 12, 2019.