Austin, Tx., USA - August 14, 2014, Austin, Tx., USA - EZCORP, Inc. announced Stuart I. Grimshaw as executive chairman, the repositioning of Lachlan P. Given as executive vice chairman and the appointment of Mark E. Kuchenrither as president, CEO.
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Stuart I. Grimshaw has been serving as Managing Director and Chief Executive Officer of Bank of Queensland Limited (ASX: BOQ) since November 2011. During his 30-year career in financial services, Mr. Grimshaw has held a wide variety of other roles across many functions of banking and finance, including eight years at the Commonwealth Bank of Australia, a global top 10 bank by market capitalization.
At CBA, he started as Chief Financial Officer and over time became Group Executive, responsible for core business lines including Institutional and Business Banking as well as Wealth Management (Asset Management and Insurance).
Prior to joining CBA, Mr. Grimshaw worked for the National Australia Bank (ASX: NAB), a global top 25 bank by market capitalization, and was the Chief Executive Officer of Great Britain, with responsibility for large UK consumer banks Yorkshire Bank and Clydesdale Bank.
Mr. Grimshaw represented New Zealand at the 1984 Olympics in Field Hockey and has a Bachelor of Commerce and Administration (Victoria University, Wellington, New Zealand) and an MBA (Melbourne University, Australia). He has also completed the Program for Management Development at Harvard Business School.
Lachlan P. Given was named non-executive Chairman of the Board of EZCORP in July and will assume the new position of Executive Vice Chairman.
Mr. Given is a member of the board of directors of The Farm Journal Corporation, a 134 year old pre-eminent US agricultural media company. He is also on the boards of: Senetas Corporation Limited, a developer and manufacturer of certified, defense-grade encryption solutions; CANSTAR Pty Ltd, an Australian financial services ratings and research firm; and RateCity.com Pty Ltd, one of Australia's largest Internet based financial services comparison organizations.
Mr. Given began his career working in the investment banking and equity capital markets divisions of Merrill Lynch in Hong Kong and Sydney, Australia, where he specialized in the origination and execution of a variety of M&A, equity and equity-linked and fixed income transactions. Mr. Given currently serves as a consultant to Madison Park LLC, and has also served as a consultant to EZCORP and Cash Converters International Limited (CCV.ASX), an affiliate of EZCORP.
Mr. Given graduated from the Queensland University of Technology with a Bachelor of Business majoring in Banking and Finance (with distinction).
Mark E. Kuchenrither, who has been serving as Interim President and Chief Executive Officer since July will assume the President and Chief Executive Officer role. Until the Company hires a new Chief Financial Officer, Mr. Kuchenrither will continue to serve in that role as well.
Mr. Kuchenrither joined EZCORP as Senior Vice President, Strategic Development in March 2010. In May 2012, he was promoted to Executive Vice President and in October of the same year, he assumed the additional role of Chief Financial Officer. He recently assumed operational responsibility for EZCORP's Financial Services business.
Prior to joining EZCORP, Mr. Kuchenrither served as Vice President of Operations for private equity firm Sun Capital Partners where he was responsible for overseeing 10 portfolio companies with an emphasis on profit improvement. He has also held executive leadership positions at Arch Aluminum & Glass Co. and Peavey Electronics Corporation. ■