Janet Lewis Matricciani served as the CEO of World Acceptance Corporation from October 1, 2015, until January 22, 2018. Prior to her role at World Acceptance, she had an impressive career spanning over 17 years in the financial services sector....

Janet Lewis Matricciani served as the CEO of World Acceptance Corporation from October 1, 2015, until January 22, 2018. Prior to her role at World Acceptance, she had an impressive career spanning over 17 years in the financial services sector. She was the CEO of Antenna International and held senior positions at K12 INC and Countrywide Financial Corporation. This diverse background provided her with extensive knowledge in business operations. Interestingly, during her time at World Acceptance, she was awarded a salary of $500,000 and received significant bonuses based on performance metrics like earnings per share and loan growth. However, her tenure wasn't without challenges, as she abruptly transitioned out of the CEO role early in 2018. Her departure followed the company's restructuring efforts and strategic changes, which were aimed at improving its market position. Janet's experience and leadership shaped the company's direction during a pivotal time, reflecting both her resilience and the often turbulent nature of corporate leadership.

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1. Rivals

2. Holdings

3. Insider Trading

4. Compensation History

5. Other World Acceptance CEOs

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Janet Lewis Matricciani

Ex-CEO of World Acceptance

Education

Not specified

Field of Expertise

Finance & Banking - Financial Services

Sector of Economy

Financial Services

Born

March 1, 1968 - 57 years ago

CEO of World Acceptance for

2 years 3 months (Oct 2015 - Jan 2018)

Previous Experience

CEO of Antenna International, Senior Vice President of Corporate Development for K12 Inc.

Rivals

Competitors/colleagues of Janet Lewis Matricciani

Holdings

See how much did Janet Lewis Matricciani make over time.

Janet Matricciani held a modest stake in World Acceptance Corporation, owning around 29,411 shares, which accounted for less than 0.1% of the company. Her holdings peaked during her time as CEO, especially when her restricted stock grants were fluctuating due...

Janet Matricciani held a modest stake in World Acceptance Corporation, owning around 29,411 shares, which accounted for less than 0.1% of the company. Her holdings peaked during her time as CEO, especially when her restricted stock grants were fluctuating due to performance-related vesting. However, she was not significantly involved in insider trading activities, indicating a stable approach to her investment strategy. At the time of her departure in early 2018, her stakes were worth approximately $1.65 million. It highlights the link between her performance at World Acceptance and her wealth, although the majority of her financial success stemmed from her previous roles in larger financial institutions.

No data yet.

Insider Trading

See recent insider trades of Janet Lewis Matricciani.

WRLD

$751.10K

WRLD at $51.41/share

Oct 1, 2016

Received

WRLD

15,000 shares

WRLD

Oct 1, 2015

Received

WRLD

30,000 shares

WRLD

Feb 4, 2014

Received

Compensation History

See how much did Janet Lewis Matricciani make over time.

During her time as CEO, Janet Matricciani's total compensation reflected her focus on performance-based incentives. In 2018, her total pay was $697,230, which included a salary of $195,879. Interestingly, she did not receive a cash bonus that year, as the company focused on performance goals that were not met. The previous year, her total compensation peaked at about $1.58 million, largely due to bonuses linked to hitting pre-established financial targets. She was granted 15,000 shares of restricted stock when she assumed the CEO role, emphasizing an incentive structure designed to align her interests with the company's performance. Overall, her compensation showcases the balance of risk and reward typically faced by CEOs in challenging markets.

Year

2018

Total Compensation

$215.19K

Salary

$195.88K

Board Justification

The compensation philosophy is designed to attract and retain top executive talent while aligning their interests with those of shareholders through performance-based incentives.

Bonus

$0.00

Board Justification

No bonus was awarded for the fiscal year 2018.

Other

$19.31K

Board Justification

Other compensation includes benefits such as life insurance premiums and contributions to the 401(k) plan.

Restricted Stock

$0.00(0 N/A)

Board Justification

No stock was vested in 2018 as the focus was on performance-based awards that were not realized in that year.

Performance Metrics

Performance metrics included earnings per share, loan growth, and expense control.

Other World Acceptance CEOs

Here are other CEOs of World Acceptance

A. Alexander (Sandy) McLean III

Ex-CEO of World Acceptance

April 2007 - September 2015

R. Chad Prashad

CEO of World Acceptance

June 2018 - Present