CompBrief BY VELARION

Companies Curo Group Holdings

Curo (CURO): executive pay, fiscal 2022

Free brief. Every figure links to the company’s own filing.

Curo Group Holdings no longer files a proxy statement; its last pay data is FY2022.

All products and prices

CEO total pay$3,565,298CEO Douglas Clark · source
Say-on-pay support99.15%Latest vote · source

CEO pay, last three years

  • $3,565,298FY2022

CEO total pay was $3,565,298 in fiscal 2022; the brief holds no earlier figure for this CEO.

FY2022: salary $613,942 · bonus $500,000 · stock awards $2,421,890

Frequently asked questions

Who was the highest-paid executive at Curo Group Holdings in fiscal 2022?
As disclosed, Donald Gayhardt (Former Chief Executive Officer) was the highest-paid executive at Curo Group Holdings in fiscal 2022, with total compensation of $4,281,939.
How did shareholders vote on Curo Group Holdings's executive compensation?
As disclosed, 99.15% of shareholders supported Curo Group Holdings's executive compensation in the latest say-on-pay vote.
How much does Curo Group Holdings spend in total on board compensation for fiscal 2022?
As disclosed, Curo Group Holdings reported total board compensation of $2,433,607 for fiscal 2022.

Answers are drawn only from the figures disclosed in this brief and cited to their location in the source filing. Where a figure required for an answer is not disclosed, that is stated rather than estimated.

Full detail

Every table from the filing. Open any section.

Summary compensation table
Named executive officerSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
Donald Gayhardt$840,000—$3,333,957———$107,982$4,281,939
Former Chief Executive Officer
Douglas Clark613,942500,0002,421,890———29,4663,565,298
Chief Executive Officer
Peter Kalen480,066—1,588,026———25,9582,094,050
Chief Executive Officer--Flexiti
William Baker354,083—1,505,732———45,9521,905,767
Former President and Chief Operating Officer
Daniel Kirsche445,833—1,070,897———18,4211,535,151
Chief Technology Officer

A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed in the filing, without adjustment.

Three-year trend — total compensation per named executive

Named executive officerFY2022 totalFY2021 totalFY2020 totalΔ FY2021→2022
Donald Gayhardt$4,281,939$5,940,280—↓ −1,658,341
Douglas Clark3,565,298———
Peter Kalen2,094,0503,079,697—↓ −985,647
William Baker1,905,7673,086,485—↓ −1,180,718
Daniel Kirsche1,535,151———

Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.

Incentive-plan design — the Compensation Discussion & Analysis

Our compensation philosophy is to provide executive officers with a competitive compensation package that is heavily weighted towards performance-based (performance stock units and annual bonus opportunity) and variable (restricted stock units) compensation to encourage superior business and financial performance over the short and longer term and, by linking compensation with stock price performance, to closely align the interests of our NEOs with those of our shareholders without encouraging excessive risk-taking.

CEO STI target (% of salary)90%
CEO LTI target (% of salary)—
Independent consultantSemler Brossy Consulting Group, LLC
Clawback policytrue
Anti-hedgingtrue
Anti-pledgingtrue
Equity grants and outstanding awards

Grants of plan-based awards — fiscal year 2022

ExecutiveAwardGrant dateThresholdTargetGrantedMaximumGrant-date fair value
Daniel KirschePRSU—————$1,070,897
William BakerPRSU—————1,505,732
Donald GayhardtPRSU—————3,333,957
Douglas ClarkPRSU—————2,421,890
Peter KalenPRSU—————1,588,026

Vehicle mix — grant-date fair value by award type

Grant-level vehicle detail not disclosed.

% performance-vested = PSU grant-date fair value ÷ (RSU + PSU + Options), a computed value with the derivation shown in the register.

Outstanding equity awards at fiscal year-end 2022

ExecutiveAwardShares unvestedExercise priceMarket value unvested
Daniel KirscheRSU29,059—$103,159
Daniel KirschePSU29,059—103,159
Daniel KirscheRSU32,323—114,747
Peter KalenPSU37,996—134,886
Peter KalenRSU46,771—166,037
Peter KalenPSU46,771—166,037
Donald GayhardtRSU49,611—176,119
Daniel KirschePSU50,000—177,500
Douglas ClarkRSU55,351—196,496
Douglas ClarkPSU55,351—196,496
Peter KalenRSU55,728—197,834
Peter KalenPSU57,056—202,549
Douglas ClarkRSU57,604—204,494
Douglas ClarkPSU66,667—236,668
Donald GayhardtRSU77,082—273,641
Donald GayhardtPSU115,622—410,458
Donald GayhardtRSU123,985—440,147
Donald GayhardtPSU123,985—440,147
Donald GayhardtPSU139,288—494,472
Donald GayhardtPSU148,832—528,354
Douglas ClarkPSU150,000—532,500
Director compensation
DirectorCash feesStock awardsOption awardsNon-equity incentiveAll otherTotal
Chris MastoIndependent · Compensation · Nominating/Governance$144,250$140,000$0—$3,581$287,831
Andrew FrawleyIndependent · Compensation (Chair) · Audit108,000140,0000—3,581251,581
Dale WilliamsIndependent · Audit (Chair) · Departed during FY107,500140,0000—3,581251,081
Karen WinterhofIndependent · Risk (Chair) · Nominating/Governance · Strategy and Corporate Development (Chair) · Departed during FY105,500140,0000—3,581249,081
Gillian Van SchaickIndependent · Risk (Chair) · Audit · Nominating/Governance99,000140,0000—3,581242,581
David KirchheimerIndependent · Lead Independent Director · Audit (Chair) · Compensation93,000140,0000—3,581236,581
Elizabeth WebsterIndependent · Compensation · Risk · Strategy and Corporate Development · Departed during FY92,000140,0000—3,581235,581
Chad FaulknerNot independent · Board Chair · Risk74,000140,0000—3,581217,581
Issac VaughnIndependent · Nominating/Governance (Chair) · Risk75,000140,0000—1,128216,128
Mike McKnightNot independent65,000140,0000—3,581208,581
Doug RippelNot independent · Strategy and Corporate Development · Not standing for re-election · Departed during FY37,00000—037,000
Douglas ClarkEmployee director000—00

Board fee structure and ownership guideline

Annual cash retainer$65,000
Annual equity retainer$140,000
Per board meeting fee—
Committee chair fees (audit / comp / nom-gov)25,000 / 15,000 / 15,000
Stock ownership guideline$325,000

Total cost of the board

ComponentFY2022
Cash retainers and fees$1,000,250
Equity awards (grant-date value)$1,400,000
All other compensation$33,357
Total cost of the board$2,433,607

Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.

Peer group, and who names Curo as a peer

Companies that benchmark against CURO

1 company names CURO as a compensation peer

Each company listed discloses CURO in its own benchmarking peer group, as disclosed in each company's most recent proxy statement within the last two proxy seasons. Two companies are therefore absent by design: one that named CURO in an earlier year and no longer does, and one whose own most recent disclosure is older than the last two seasons.

Disclosed peer group — fiscal year 2022

The compensation peer group as the company disclosed it in its own proxy — the reference set behind the percentile above.

Daniel Kirsche CTO

Chief executive pay against the peer group

Most recent fiscal-year chief executive compensation at each disclosed peer, taken from that company’s own proxy statement.

RankCompanyFYChief executiveSalaryStock awardsOption awardsNon-equity incentiveTotal
1Curo Group Holdings2022Douglas Clark$613,942$2,421,890——$3,565,298

Each peer’s compensation is from its most recently filed proxy; fiscal years differ by company. Each peer’s figures come from its own filings; the subject company is highlighted. Peers whose chief executive compensation is outside our coverage universe are stated as such, never left blank.

Say-on-pay history and pay ratio
Meeting yearMeeting dateForAgainstAbstainSupportOutcome
20232023-06-1428,538,082243,26230,08699.15%Passed
20222022-06-1530,043,668437,29320,67198.57%Passed
20212021-06-1730,551,063295,26989,76799.04%Passed
20202020-06-0931,711,778276,43321,86999.14%Passed

Rows are labeled by annual-meeting year, with the meeting date beside each; the vote held in a given year acts on the prior fiscal year’s compensation.

Say-on-pay — history, company’s computation

Meeting yearMeeting dateApproval — company’s computation
20232023-06-1499.15%a
20222022-06-1598.57%b
20212021-06-1799.04%c

a. Voting standard not stated in the filing.

b. Voting standard not stated in the filing.

c. Voting standard not stated in the filing.

Approval percentages are the company’s own reported computations under its own stated standard, not recomputed by Velarion. Where a company does not state a standard, none is assumed.

Insider trades since the proxy

Every insider equity transaction reported on Form 4 after the 2022 proxy statement — acquisitions, dispositions, exercises, and withholdings — and therefore not reflected in any table in that document.

InsiderRoleTransaction dateCodeSharesPriceValueSecuritySource
Ismail DawoodChief Financial Officer2023-05-23A200,000$1$218,000CommonForm 4 ↗
Douglas ClarkDirector2023-10-02A8,10218,488CommonForm 4 ↗
Chad FaulknerDirector2023-10-02A16,000117,211Common, indirectForm 4 ↗
Douglas ClarkDirector2023-10-03A11,898112,247CommonForm 4 ↗
Douglas ClarkDirector2023-11-01A15,973113,700CommonForm 4 ↗
Chad FaulknerDirector2023-11-01A16,000113,626Common, indirectForm 4 ↗
Douglas ClarkDirector2023-11-02A4,02713,366CommonForm 4 ↗
Ismail DawoodChief Financial Officer2023-11-10A21,600116,930CommonForm 4 ↗
Ismail DawoodChief Financial Officer2023-11-13A15,000112,731CommonForm 4 ↗
Douglas ClarkDirector2023-11-14D10,44418,251CommonForm 4 ↗
Douglas ClarkDirector2023-12-01A20,000115,682CommonForm 4 ↗
Chad FaulknerDirector2023-12-01A16,000112,955Common, indirectForm 4 ↗
Douglas ClarkDirector2023-12-26D8,02215,898CommonForm 4 ↗
Gary L. FulkCOO, Direct Lending2023-12-26D3,50712,578CommonForm 4 ↗
Douglas ClarkDirector2024-01-02A10,00018,479CommonForm 4 ↗
Ismail DawoodChief Financial Officer2024-01-02D8,56317,329CommonForm 4 ↗
Douglas ClarkDirector2024-02-10D6,11701,529CommonForm 4 ↗
Daniel KirscheChief Technology Officer2024-02-10D3,3520838CommonForm 4 ↗
Gary L. FulkCOO, Direct Lending2024-02-10D2,0970524CommonForm 4 ↗
Tamara L. SchulzChief Accounting Officer2024-02-10D1,6990425CommonForm 4 ↗
Douglas ClarkDirector2024-02-26D32,67207,753CommonForm 4 ↗
Tamara L. SchulzChief Accounting Officer2024-02-26D4,74901,127CommonForm 4 ↗
Gary L. FulkCOO, Direct Lending2024-02-26D7,75801,841CommonForm 4 ↗
Ismail DawoodChief Financial Officer2024-02-26D16,10303,821CommonForm 4 ↗
Daniel KirscheChief Technology Officer2024-02-26D9,33502,215CommonForm 4 ↗

Transaction codes per Form 4: A acquisition · S open-market sale · F tax withholding · M option exercise · G gift. Value = shares × price as reported. Dividend-equivalent and fractional-share accrual rows (derivative Class A, under $10,000 and under 2,000 shares) are aggregated per date; every row appears in full below.

Sources (53 citations)

Each figure is listed with the filing it comes from, where it appears in that filing, and the value as printed. Any figure can be independently confirmed against the source.

  • Section 01, Donald Gayhardt. DEF 14A, filed 2023-04-28. Section “Summary Compensation Table”. As printed: 4,281,939. View filing ↗
  • Section 01, Douglas Clark. DEF 14A, filed 2023-04-28. Section “Summary Compensation Table”. As printed: 3,565,298. View filing ↗
  • Section 01, Peter Kalen. DEF 14A, filed 2023-04-28. Section “Summary Compensation Table”. As printed: 2,094,050. View filing ↗
  • Section 01, William Baker. DEF 14A, filed 2023-04-28. Section “Summary Compensation Table”. As printed: 1,905,767. View filing ↗
  • Section 01, Daniel Kirsche. DEF 14A, filed 2023-04-28. Section “Summary Compensation Table”. As printed: 1,535,151. View filing ↗
  • Section 03, Daniel Kirsche PRSU. DEF 14A, filed 2023-04-28. Section “EXECUTIVE COMPENSATION” · grants of plan-based awards table. View filing ↗
  • Section 03, William Baker PRSU. DEF 14A, filed 2023-04-28. Section “EXECUTIVE COMPENSATION” · grants of plan-based awards table. View filing ↗
  • Section 03, Donald Gayhardt PRSU. DEF 14A, filed 2023-04-28. Section “EXECUTIVE COMPENSATION” · grants of plan-based awards table. View filing ↗
  • Section 03, Douglas Clark PRSU. DEF 14A, filed 2023-04-28. Section “EXECUTIVE COMPENSATION” · grants of plan-based awards table. View filing ↗
  • Section 03, Peter Kalen PRSU. DEF 14A, filed 2023-04-28. Section “EXECUTIVE COMPENSATION” · grants of plan-based awards table. View filing ↗
  • Section 08, Chris Masto. DEF 14A, filed 2023-04-28. Section “Director Compensation”. As printed: 287,831. View filing ↗
  • Section 08, Andrew Frawley. DEF 14A, filed 2023-04-28. Section “Director Compensation”. As printed: 251,581. View filing ↗
  • Section 08, Dale Williams. DEF 14A, filed 2023-04-28. Section “Director Compensation”. As printed: 251,081. View filing ↗
  • Section 08, Karen Winterhof. DEF 14A, filed 2023-04-28. Section “Director Compensation”. As printed: 249,081. View filing ↗
  • Section 08, Gillian Van Schaick. DEF 14A, filed 2023-04-28. Section “Director Compensation”. As printed: 242,581. View filing ↗
  • Section 08, David Kirchheimer. DEF 14A, filed 2023-04-28. Section “Director Compensation”. As printed: 236,581. View filing ↗
  • Section 08, Elizabeth Webster. DEF 14A, filed 2023-04-28. Section “Director Compensation”. As printed: 235,581. View filing ↗
  • Section 08, Chad Faulkner. DEF 14A, filed 2023-04-28. Section “Director Compensation”. As printed: 217,581. View filing ↗
  • Section 08, Issac Vaughn. DEF 14A, filed 2023-04-28. Section “Director Compensation”. As printed: 216,128. View filing ↗
  • Section 08, Mike McKnight. DEF 14A, filed 2023-04-28. Section “Director Compensation”. As printed: 208,581. View filing ↗
  • Section 08, Doug Rippel. DEF 14A, filed 2023-04-28. Section “Director Compensation”. As printed: 37,000. View filing ↗
  • Section 08, Douglas Clark. DEF 14A, filed 2023-04-28. Section “Director Compensation”. As printed: 0. View filing ↗
  • Section 02, Ismail Dawood 2023-05-23. Form 4, filed 2024-02-13. Insider equity transaction reported since the proxy statement. View filing ↗
  • Section 02, Douglas Clark 2023-10-02. Form 4, filed 2023-10-03. Insider equity transaction reported since the proxy statement. View filing ↗
  • Section 02, Chad Faulkner 2023-10-02. Form 4, filed 2023-10-03. Insider equity transaction reported since the proxy statement. View filing ↗
  • Section 02, Douglas Clark 2023-10-03. Form 4, filed 2023-10-03. Insider equity transaction reported since the proxy statement. View filing ↗
  • Section 02, Douglas Clark 2023-11-01. Form 4, filed 2023-11-06. Insider equity transaction reported since the proxy statement. View filing ↗
  • Section 02, Chad Faulkner 2023-11-01. Form 4, filed 2023-11-06. Insider equity transaction reported since the proxy statement. View filing ↗
  • Section 02, Douglas Clark 2023-11-02. Form 4, filed 2023-11-06. Insider equity transaction reported since the proxy statement. View filing ↗
  • Section 02, Ismail Dawood 2023-11-10. Form 4, filed 2023-11-14. Insider equity transaction reported since the proxy statement. View filing ↗
  • Section 02, Ismail Dawood 2023-11-13. Form 4, filed 2023-11-14. Insider equity transaction reported since the proxy statement. View filing ↗
  • Section 02, Douglas Clark 2023-11-14. Form 4, filed 2023-11-16. Insider equity transaction reported since the proxy statement. View filing ↗
  • Section 02, Douglas Clark 2023-12-01. Form 4, filed 2023-12-05. Insider equity transaction reported since the proxy statement. View filing ↗
  • Section 02, Chad Faulkner 2023-12-01. Form 4, filed 2023-12-05. Insider equity transaction reported since the proxy statement. View filing ↗
  • Section 02, Douglas Clark 2023-12-26. Form 4, filed 2023-12-28. Insider equity transaction reported since the proxy statement. View filing ↗
  • Section 02, Gary L. Fulk 2023-12-26. Form 4, filed 2023-12-28. Insider equity transaction reported since the proxy statement. View filing ↗
  • Section 02, Douglas Clark 2024-01-02. Form 4, filed 2024-01-03. Insider equity transaction reported since the proxy statement. View filing ↗
  • Section 02, Ismail Dawood 2024-01-02. Form 4, filed 2024-01-03. Insider equity transaction reported since the proxy statement. View filing ↗
  • Section 02, Douglas Clark 2024-02-10. Form 4, filed 2024-02-13. Insider equity transaction reported since the proxy statement. View filing ↗
  • Section 02, Daniel Kirsche 2024-02-10. Form 4, filed 2024-02-13. Insider equity transaction reported since the proxy statement. View filing ↗
  • Section 02, Gary L. Fulk 2024-02-10. Form 4, filed 2024-02-13. Insider equity transaction reported since the proxy statement. View filing ↗
  • Section 02, Tamara L. Schulz 2024-02-10. Form 4, filed 2024-02-13. Insider equity transaction reported since the proxy statement. View filing ↗
  • Section 02, Douglas Clark 2024-02-26. Form 4, filed 2024-02-28. Insider equity transaction reported since the proxy statement. View filing ↗
  • Section 02, Tamara L. Schulz 2024-02-26. Form 4, filed 2024-02-28. Insider equity transaction reported since the proxy statement. View filing ↗
  • Section 02, Gary L. Fulk 2024-02-26. Form 4, filed 2024-02-28. Insider equity transaction reported since the proxy statement. View filing ↗
  • Section 02, Ismail Dawood 2024-02-26. Form 4, filed 2024-02-28. Insider equity transaction reported since the proxy statement. View filing ↗
  • Section 02, Daniel Kirsche 2024-02-26. Form 4, filed 2024-02-28. Insider equity transaction reported since the proxy statement. View filing ↗
  • Section 06, 2023 vote. Form 8-K, filed 2023-06-16. Item 5.07 · say-on-pay result. As reported: 99.15% (votes for as printed: 28,538,082). View filing ↗
  • Section 06, 2022 vote. Form 8-K, filed 2022-06-17. Item 5.07 · say-on-pay result. As reported: 98.57% (votes for as printed: 30,043,668). View filing ↗
  • Section 06, 2021 vote. Form 8-K, filed 2021-06-17. Item 5.07 · say-on-pay result. As reported: 99.04% (votes for as printed: 30,551,063). View filing ↗
  • Section 01 trend, Δ column (computed). Computed. Δ = current-FY total − prior-FY total per named officer.
  • Section 09b board cost (computed). Computed. Cash 1,000,250 + equity 1,400,000 + all other 33,357 = 2,433,607, summed across the director compensation table rows.
  • Curo Group Holdings (subject), Section 10b CEO total. DEF 14A, filed 2023-04-28. CEO total compensation as printed in Curo Group Holdings's own proxy. As printed: 3,565,298. View filing ↗