EZCORP, Inc. Appoints David McGuire as Deputy Chief Financial Officer and Chief Accounting Officer, Effective January 11, 2016
January 08, 2016 at 04:34 pm
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EZCORP, Inc. has appointed David McGuire as Deputy Chief Financial Officer and Chief Accounting Officer (principal accounting officer), effective January 11, 2016. Mr. McGuire, age 37, has been with Ernst &Young, LLP for the past 14 years, most recently serving as Senior Manager in the Financial Accounting Advisory Services practice. Since July 2015, Mr. McGuire has been engaged with the Company, providing project management oversight and technical accounting subject matter expertise in connection with the company's recently completed restatement of previously issued financial statements.
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.