Nicholas Financial (NICK) has provided an update.
Irina Nashtatik stepped down as CFO of Nicholas Financial, but will stay on as a consultant to ease the transition, with Charles Krebs taking over the role. Krebs brings a wealth of financial experience from his previous tenure at Peter Kiewit Sons, Inc. He is set to earn an initial base salary of $190,000, with bonuses and a comprehensive severance package, aligning his interests with the company’s long-term success. This leadership change seems amicable and strategic, with no internal conflicts cited as reasons for Nashtatik’s resignation.
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