Greenville, S.C.-based World Acceptance is looking for a new CFO.
On Tuesday, World Acceptance announced that after eight years with the company, and seven years as chief financial officer, Kelly M. Malson is planning to retire soon. World Acceptance has begun seeking a replacement, and Malson says her departure date will depend in part on the company's progress in finding a replacement, indicating that she wishes to help create a "smooth transition" for her successor.
Commenting on Mason's decision to leave, company CEO Sandy McLean said: "Although we are sorry to see her leave, we respect Kelly's decision and desire to pursue other objectives and wish her all the best in those endeavors."
Over Malson's term as CFO from March 2006 through today, shares of the small-loan consumer finance company have appreciated 217% in value.
The article World Acceptance CFO Retiring originally appeared on Fool.com.Fool contributor Rich Smith and The Motley Fool have no position in any of the stocks mentioned. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
Copyright © 1995 - 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.