Management ChangeJul 22, 2026, 07:56 AM
FirstCash CEO Wessel to Executive Chairman; Stuart Named CEO
AI Summary
FirstCash Holdings, Inc. announced a leadership transition plan. Rick Wessel, the current CEO and Vice Chairman, will transition to Executive Chairman of the Board, effective January 1, 2027. Brent Stuart, the company's President and Chief Operating Officer, will succeed Mr. Wessel as CEO on the same date. Additionally, Mr. Stuart has been elected to the Board of Directors, and current Chairman Dan Feehan will retire from his chairman role but remain a board member.
Key Highlights
- Rick Wessel to transition from CEO to Executive Chairman of the Board.
- Brent Stuart, current President and COO, appointed as the new CEO.
- The leadership transition will be effective January 1, 2027.
- Mr. Wessel is expected to serve as Executive Chairman for at least three years.
- Mr. Stuart has served as President and COO since September 2016.
- Mr. Stuart was also unanimously elected to the Board of Directors.
- Dan Feehan will retire as Chairman but remain a Board member on January 1, 2027.
Price Impact
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