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.
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
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 officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension / NQDC | All other | Total |
|---|---|---|---|---|---|---|---|---|
| Donald Gayhardt | $840,000 | — | $3,333,957 | — | — | — | $107,982 | $4,281,939 |
| Former Chief Executive Officer | ||||||||
| Douglas Clark | 613,942 | 500,000 | 2,421,890 | — | — | — | 29,466 | 3,565,298 |
| Chief Executive Officer | ||||||||
| Peter Kalen | 480,066 | — | 1,588,026 | — | — | — | 25,958 | 2,094,050 |
| Chief Executive Officer--Flexiti | ||||||||
| William Baker | 354,083 | — | 1,505,732 | — | — | — | 45,952 | 1,905,767 |
| Former President and Chief Operating Officer | ||||||||
| Daniel Kirsche | 445,833 | — | 1,070,897 | — | — | — | 18,421 | 1,535,151 |
| 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 officer | FY2022 total | FY2021 total | FY2020 total | Δ FY2021→2022 |
|---|---|---|---|---|
| Donald Gayhardt | $4,281,939 | $5,940,280 | — | ↓ −1,658,341 |
| Douglas Clark | 3,565,298 | — | — | — |
| Peter Kalen | 2,094,050 | 3,079,697 | — | ↓ −985,647 |
| William Baker | 1,905,767 | 3,086,485 | — | ↓ −1,180,718 |
| Daniel Kirsche | 1,535,151 | — | — | — |
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 consultant | Semler Brossy Consulting Group, LLC |
| Clawback policy | true |
| Anti-hedging | true |
| Anti-pledging | true |
Equity grants and outstanding awards
Grants of plan-based awards — fiscal year 2022
| Executive | Award | Grant date | Threshold | Target | Granted | Maximum | Grant-date fair value |
|---|---|---|---|---|---|---|---|
| Daniel Kirsche | PRSU | — | — | — | — | — | $1,070,897 |
| William Baker | PRSU | — | — | — | — | — | 1,505,732 |
| Donald Gayhardt | PRSU | — | — | — | — | — | 3,333,957 |
| Douglas Clark | PRSU | — | — | — | — | — | 2,421,890 |
| Peter Kalen | PRSU | — | — | — | — | — | 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
| Executive | Award | Shares unvested | Exercise price | Market value unvested |
|---|---|---|---|---|
| Daniel Kirsche | RSU | 29,059 | — | $103,159 |
| Daniel Kirsche | PSU | 29,059 | — | 103,159 |
| Daniel Kirsche | RSU | 32,323 | — | 114,747 |
| Peter Kalen | PSU | 37,996 | — | 134,886 |
| Peter Kalen | RSU | 46,771 | — | 166,037 |
| Peter Kalen | PSU | 46,771 | — | 166,037 |
| Donald Gayhardt | RSU | 49,611 | — | 176,119 |
| Daniel Kirsche | PSU | 50,000 | — | 177,500 |
| Douglas Clark | RSU | 55,351 | — | 196,496 |
| Douglas Clark | PSU | 55,351 | — | 196,496 |
| Peter Kalen | RSU | 55,728 | — | 197,834 |
| Peter Kalen | PSU | 57,056 | — | 202,549 |
| Douglas Clark | RSU | 57,604 | — | 204,494 |
| Douglas Clark | PSU | 66,667 | — | 236,668 |
| Donald Gayhardt | RSU | 77,082 | — | 273,641 |
| Donald Gayhardt | PSU | 115,622 | — | 410,458 |
| Donald Gayhardt | RSU | 123,985 | — | 440,147 |
| Donald Gayhardt | PSU | 123,985 | — | 440,147 |
| Donald Gayhardt | PSU | 139,288 | — | 494,472 |
| Donald Gayhardt | PSU | 148,832 | — | 528,354 |
| Douglas Clark | PSU | 150,000 | — | 532,500 |
Director compensation
| Director | Cash fees | Stock awards | Option awards | Non-equity incentive | All other | Total |
|---|---|---|---|---|---|---|
| Chris MastoIndependent · Compensation · Nominating/Governance | $144,250 | $140,000 | $0 | — | $3,581 | $287,831 |
| Andrew FrawleyIndependent · Compensation (Chair) · Audit | 108,000 | 140,000 | 0 | — | 3,581 | 251,581 |
| Dale WilliamsIndependent · Audit (Chair) · Departed during FY | 107,500 | 140,000 | 0 | — | 3,581 | 251,081 |
| Karen WinterhofIndependent · Risk (Chair) · Nominating/Governance · Strategy and Corporate Development (Chair) · Departed during FY | 105,500 | 140,000 | 0 | — | 3,581 | 249,081 |
| Gillian Van SchaickIndependent · Risk (Chair) · Audit · Nominating/Governance | 99,000 | 140,000 | 0 | — | 3,581 | 242,581 |
| David KirchheimerIndependent · Lead Independent Director · Audit (Chair) · Compensation | 93,000 | 140,000 | 0 | — | 3,581 | 236,581 |
| Elizabeth WebsterIndependent · Compensation · Risk · Strategy and Corporate Development · Departed during FY | 92,000 | 140,000 | 0 | — | 3,581 | 235,581 |
| Chad FaulknerNot independent · Board Chair · Risk | 74,000 | 140,000 | 0 | — | 3,581 | 217,581 |
| Issac VaughnIndependent · Nominating/Governance (Chair) · Risk | 75,000 | 140,000 | 0 | — | 1,128 | 216,128 |
| Mike McKnightNot independent | 65,000 | 140,000 | 0 | — | 3,581 | 208,581 |
| Doug RippelNot independent · Strategy and Corporate Development · Not standing for re-election · Departed during FY | 37,000 | 0 | 0 | — | 0 | 37,000 |
| Douglas ClarkEmployee director | 0 | 0 | 0 | — | 0 | 0 |
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
| Component | FY2022 |
|---|---|
| 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
- International Money Express, Inc.IMXIFY2024
- MEDALLION FINANCIAL CORPMFINFY2025
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.
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.
| Rank | Company | FY | Chief executive | Salary | Stock awards | Option awards | Non-equity incentive | Total |
|---|---|---|---|---|---|---|---|---|
| 1 | Curo Group Holdings | 2022 | Douglas 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 year | Meeting date | For | Against | Abstain | Support | Outcome |
|---|---|---|---|---|---|---|
| 2023 | 2023-06-14 | 28,538,082 | 243,262 | 30,086 | 99.15% | Passed |
| 2022 | 2022-06-15 | 30,043,668 | 437,293 | 20,671 | 98.57% | Passed |
| 2021 | 2021-06-17 | 30,551,063 | 295,269 | 89,767 | 99.04% | Passed |
| 2020 | 2020-06-09 | 31,711,778 | 276,433 | 21,869 | 99.14% | 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 year | Meeting date | Approval — company’s computation |
|---|---|---|
| 2023 | 2023-06-14 | 99.15%a |
| 2022 | 2022-06-15 | 98.57%b |
| 2021 | 2021-06-17 | 99.04%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.
| Insider | Role | Transaction date | Code | Shares | Price | Value | Security | Source |
|---|---|---|---|---|---|---|---|---|
| Ismail Dawood | Chief Financial Officer | 2023-05-23 | A | 200,000 | $1 | $218,000 | Common | Form 4 ↗ |
| Douglas Clark | Director | 2023-10-02 | A | 8,102 | 1 | 8,488 | Common | Form 4 ↗ |
| Chad Faulkner | Director | 2023-10-02 | A | 16,000 | 1 | 17,211 | Common, indirect | Form 4 ↗ |
| Douglas Clark | Director | 2023-10-03 | A | 11,898 | 1 | 12,247 | Common | Form 4 ↗ |
| Douglas Clark | Director | 2023-11-01 | A | 15,973 | 1 | 13,700 | Common | Form 4 ↗ |
| Chad Faulkner | Director | 2023-11-01 | A | 16,000 | 1 | 13,626 | Common, indirect | Form 4 ↗ |
| Douglas Clark | Director | 2023-11-02 | A | 4,027 | 1 | 3,366 | Common | Form 4 ↗ |
| Ismail Dawood | Chief Financial Officer | 2023-11-10 | A | 21,600 | 1 | 16,930 | Common | Form 4 ↗ |
| Ismail Dawood | Chief Financial Officer | 2023-11-13 | A | 15,000 | 1 | 12,731 | Common | Form 4 ↗ |
| Douglas Clark | Director | 2023-11-14 | D | 10,444 | 1 | 8,251 | Common | Form 4 ↗ |
| Douglas Clark | Director | 2023-12-01 | A | 20,000 | 1 | 15,682 | Common | Form 4 ↗ |
| Chad Faulkner | Director | 2023-12-01 | A | 16,000 | 1 | 12,955 | Common, indirect | Form 4 ↗ |
| Douglas Clark | Director | 2023-12-26 | D | 8,022 | 1 | 5,898 | Common | Form 4 ↗ |
| Gary L. Fulk | COO, Direct Lending | 2023-12-26 | D | 3,507 | 1 | 2,578 | Common | Form 4 ↗ |
| Douglas Clark | Director | 2024-01-02 | A | 10,000 | 1 | 8,479 | Common | Form 4 ↗ |
| Ismail Dawood | Chief Financial Officer | 2024-01-02 | D | 8,563 | 1 | 7,329 | Common | Form 4 ↗ |
| Douglas Clark | Director | 2024-02-10 | D | 6,117 | 0 | 1,529 | Common | Form 4 ↗ |
| Daniel Kirsche | Chief Technology Officer | 2024-02-10 | D | 3,352 | 0 | 838 | Common | Form 4 ↗ |
| Gary L. Fulk | COO, Direct Lending | 2024-02-10 | D | 2,097 | 0 | 524 | Common | Form 4 ↗ |
| Tamara L. Schulz | Chief Accounting Officer | 2024-02-10 | D | 1,699 | 0 | 425 | Common | Form 4 ↗ |
| Douglas Clark | Director | 2024-02-26 | D | 32,672 | 0 | 7,753 | Common | Form 4 ↗ |
| Tamara L. Schulz | Chief Accounting Officer | 2024-02-26 | D | 4,749 | 0 | 1,127 | Common | Form 4 ↗ |
| Gary L. Fulk | COO, Direct Lending | 2024-02-26 | D | 7,758 | 0 | 1,841 | Common | Form 4 ↗ |
| Ismail Dawood | Chief Financial Officer | 2024-02-26 | D | 16,103 | 0 | 3,821 | Common | Form 4 ↗ |
| Daniel Kirsche | Chief Technology Officer | 2024-02-26 | D | 9,335 | 0 | 2,215 | Common | Form 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 ↗