Fiscal year 2022 executive and director compensation, incentive-plan design, equity activity, and governance — every figure in this brief is traceable to its exact location in the company’s SEC filing — the document, the section, the page, and the table, linked directly.
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.
| Named executive officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension / NQDC | All other | Total |
|---|---|---|---|---|---|---|---|---|
| Donald Gayhardt | $840,000 | $0 | $3,333,957 | $0 | $0 | $0 | $107,982 | $4,281,939 |
| Former Chief Executive Officer | ||||||||
| Douglas Clark | 613,942 | 500,000 | 2,421,890 | 0 | 0 | 0 | 29,466 | 3,565,298 |
| Chief Executive Officer | ||||||||
| Peter Kalen | 480,066 | 0 | 1,588,026 | 0 | 0 | 0 | 25,958 | 2,094,050 |
| Chief Executive Officer--Flexiti | ||||||||
| William Baker | 354,083 | 0 | 1,505,732 | 0 | 0 | 0 | 45,952 | 1,905,767 |
| Former President and Chief Operating Officer | ||||||||
| Daniel Kirsche | 445,833 | 0 | 1,070,897 | 0 | 0 | 0 | 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.
| 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.
No insider equity transactions reported since the proxy statement.
| 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 |
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.
| Executive | Award | Shares unvested | Exercise price | Market value unvested |
|---|---|---|---|---|
| Donald Gayhardt | RSU | 123,985 | — | $440,147 |
| Donald Gayhardt | RSU | 49,611 | — | 176,119 |
| Donald Gayhardt | PSU | 139,288 | — | 494,472 |
| Douglas Clark | PSU | 66,667 | — | 236,668 |
| Peter Kalen | PSU | 57,056 | — | 202,549 |
| Douglas Clark | PSU | 55,351 | — | 196,496 |
| Daniel Kirsche | RSU | 32,323 | — | 114,747 |
| Peter Kalen | RSU | 55,728 | — | 197,834 |
| Douglas Clark | PSU | 150,000 | — | 532,500 |
| Donald Gayhardt | PSU | 148,832 | — | 528,354 |
| Donald Gayhardt | PSU | 123,985 | — | 440,147 |
| Donald Gayhardt | PSU | 115,622 | — | 410,458 |
| Donald Gayhardt | RSU | 77,082 | — | 273,641 |
| Daniel Kirsche | PSU | 50,000 | — | 177,500 |
| Peter Kalen | PSU | 46,771 | — | 166,037 |
| Peter Kalen | PSU | 37,996 | — | 134,886 |
| Daniel Kirsche | RSU | 29,059 | — | 103,159 |
| Daniel Kirsche | PSU | 29,059 | — | 103,159 |
| Douglas Clark | RSU | 57,604 | — | 204,494 |
| Douglas Clark | RSU | 55,351 | — | 196,496 |
| Peter Kalen | RSU | 46,771 | — | 166,037 |
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 |
| 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 |
| 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 | 5x annual cash retainer ($325,000) |
| 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.
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 | Donald Gayhardt | $840,000 | $3,333,957 | $0 | $0 | $4,281,939 |
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.
Each figure's location is given both for the eye (section · page · table · row · column) and for a script (table/row/column index and exact character span in the filed document). Any figure can be independently confirmed against the source.
| # | Supports | Document | Filed | Accession | Location in document |
|---|---|---|---|---|---|
| 1 | Section 01, Donald Gayhardt | DEF 14A | 2023-04-28 | 0001104659-23-052042 | Section “Summary Compensation Table” · page 41. As printed: 4,281,939. Filing ↗machine: t39 · r5 · c42 · span 874988–874997 |
| 2 | Section 01, Douglas Clark | DEF 14A | 2023-04-28 | 0001104659-23-052042 | Section “Summary Compensation Table” · page 41. As printed: 3,565,298. Filing ↗machine: t39 · r1 · c42 · span 853478–853487 |
| 3 | Section 01, Peter Kalen | DEF 14A | 2023-04-28 | 0001104659-23-052042 | Section “Summary Compensation Table” · page 41. As printed: 2,094,050. Filing ↗machine: t39 · r3 · c42 · span 864493–864502 |
| 4 | Section 01, William Baker | DEF 14A | 2023-04-28 | 0001104659-23-052042 | Section “Summary Compensation Table” · page 41. As printed: 1,905,767. Filing ↗machine: t39 · r7 · c42 · span 885227–885236 |
| 5 | Section 01, Daniel Kirsche | DEF 14A | 2023-04-28 | 0001104659-23-052042 | Section “Summary Compensation Table” · page 41. As printed: 1,535,151. Filing ↗machine: t39 · r2 · c42 · span 858997–859006 |
| 6 | Section 03, Daniel Kirsche PRSU | DEF 14A | 2023-04-28 | 0001104659-23-052042 | Section “EXECUTIVE COMPENSATION” · grants of plan-based awards table. Filing ↗machine: t39 · r2 · c21 · span 856462–856471 |
| 7 | Section 03, William Baker PRSU | DEF 14A | 2023-04-28 | 0001104659-23-052042 | Section “EXECUTIVE COMPENSATION” · grants of plan-based awards table. Filing ↗machine: t39 · r7 · c21 · span 882879–882888 |
| 8 | Section 03, Donald Gayhardt PRSU | DEF 14A | 2023-04-28 | 0001104659-23-052042 | Section “EXECUTIVE COMPENSATION” · grants of plan-based awards table. Filing ↗machine: t39 · r5 · c21 · span 872240–872249 |
| 9 | Section 03, Douglas Clark PRSU | DEF 14A | 2023-04-28 | 0001104659-23-052042 | Section “EXECUTIVE COMPENSATION” · grants of plan-based awards table. Filing ↗machine: t39 · r1 · c21 · span 851340–851349 |
| 10 | Section 03, Peter Kalen PRSU | DEF 14A | 2023-04-28 | 0001104659-23-052042 | Section “EXECUTIVE COMPENSATION” · grants of plan-based awards table. Filing ↗machine: t39 · r3 · c21 · span 862146–862155 |
| 11 | Section 08, Chris Masto | DEF 14A | 2023-04-28 | 0001104659-23-052042 | Section “Director Compensation”. As printed: 287,831. Filing ↗machine: t22 · r5 · c24 · span 523793–523800 |
| 12 | Section 08, Andrew Frawley | DEF 14A | 2023-04-28 | 0001104659-23-052042 | Section “Director Compensation”. As printed: 251,581. Filing ↗machine: t22 · r3 · c24 · span 517820–517827 |
| 13 | Section 08, Dale Williams | DEF 14A | 2023-04-28 | 0001104659-23-052042 | Section “Director Compensation”. As printed: 251,081. Filing ↗machine: t22 · r11 · c24 · span 541534–541541 |
| 14 | Section 08, Karen Winterhof | DEF 14A | 2023-04-28 | 0001104659-23-052042 | Section “Director Compensation”. As printed: 249,081. Filing ↗machine: t22 · r12 · c24 · span 544798–544805 |
| 15 | Section 08, Gillian Van Schaick | DEF 14A | 2023-04-28 | 0001104659-23-052042 | Section “Director Compensation”. As printed: 242,581. Filing ↗machine: t22 · r7 · c24 · span 529673–529680 |
| 16 | Section 08, David Kirchheimer | DEF 14A | 2023-04-28 | 0001104659-23-052042 | Section “Director Compensation”. As printed: 236,581. Filing ↗machine: t22 · r4 · c24 · span 521085–521092 |
| 17 | Section 08, Elizabeth Webster | DEF 14A | 2023-04-28 | 0001104659-23-052042 | Section “Director Compensation”. As printed: 235,581. Filing ↗machine: t22 · r10 · c24 · span 538728–538735 |
| 18 | Section 08, Chad Faulkner | DEF 14A | 2023-04-28 | 0001104659-23-052042 | Section “Director Compensation”. As printed: 217,581. Filing ↗machine: t22 · r2 · c24 · span 515109–515116 |
| 19 | Section 08, Issac Vaughn | DEF 14A | 2023-04-28 | 0001104659-23-052042 | Section “Director Compensation”. As printed: 216,128. Filing ↗machine: t22 · r8 · c24 · span 532837–532844 |
| 20 | Section 08, Mike McKnight | DEF 14A | 2023-04-28 | 0001104659-23-052042 | Section “Director Compensation”. As printed: 208,581. Filing ↗machine: t22 · r6 · c24 · span 526958–526965 |
| 21 | Section 08, Doug Rippel | DEF 14A | 2023-04-28 | 0001104659-23-052042 | Section “Director Compensation”. As printed: 37,000. Filing ↗machine: t22 · r13 · c6 · span 546055–546061 |
| 22 | Section 08, Douglas Clark | DEF 14A | 2023-04-28 | 0001104659-23-052042 | Section “Director Compensation”. As printed: 0. Filing ↗ |
| 23 | Section 01 trend, Δ column (computed) | Computed | — | computed | Δ = current-FY total − prior-FY total per named officer.machine: formula: Δ = FY(n) − FY(n−1) |
| 24 | Section 09b board cost (computed) | Computed | — | computed | Cash 1,000,250 + equity 1,400,000 + all other 33,357 = 2,433,607, summed across the director compensation table rows.machine: formula: Σ = 2,433,607 |
| 25 | CURO Group Holdings (subject), Section 10b CEO total | DEF 14A | 2023-04-28 | 0001104659-23-052042 | CEO total compensation as printed in CURO Group Holdings's own proxy. As printed: 4,281,939. Filing ↗machine: t39 · r5 · c42 · span 874988–874997 |