EZCORP, Inc. announced that david mcguire, formerly deputy chief financial officer and chief accounting officer (principal accounting officer), has left the company, effective January 8, 2020. Mr. mcguire's departure is not the result of any issue or concern with the company's accounting, financial reporting or internal control over financial reporting. daniel m. chism, chief financial officer, has assumed the role of principal accounting officer (in addition to principal financial officer) as of January 8, 2020.
EZCORP, Inc. is a provider of pawn transactions in the United States and Latin America. The Company also sells merchandise, primarily collateral forfeited from pawn lending operations and pre-owned and recycled merchandise purchased from customers. It operates through three segments: U.S. Pawn, Latin America Pawn, and Other Investments. The U.S. Pawn segment includes its EZPAWN, Value Pawn & Jewelry and other branded pawn operations in the United States. The Latin America Pawn segment includes its Empeno Facil, Cash Apoyo Efectivo (CAE) and other branded pawn operations in Mexico, as well as its GuatePrenda and MaxiEfectivo pawn operations in Guatemala, El Salvador, and Honduras (GPMX). At its pawn stores, it advances cash against the value of collateralized tangible personal property and sells merchandise to customers looking for good value. The merchandise it sells primarily consists of second-hand collateral forfeited from its pawn activities or merchandise purchased from customers.