Sundar PichaiSundar Pichai earned $164M in 2023

R. Chad Prashad has been at the helm of World Acceptance Corporation since June 27, 2018. With a strong background in strategy and analytics, he previously served as the Senior Vice President and Chief Strategy and Analytics Officer at the...

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R. Chad Prashad

CEO of World Acceptance

Education

Master of Arts in Economics from Clemson University, Bachelor of Arts in Political Science and dual major Bachelor of Science in Business Administration and Economics from Presbyterian College

Field of Expertise

Business & Management

Sector of Economy

Financial Services

Born

September 25, 1981 - 43 years ago

CEO of World Acceptance for

6 years 11 months (Jun 2018 - Present)

Previous Experience

Senior Director of Strategy Development for Resurgent Capital Services, Director of Legal Strategy for Resurgent Capital Services

Rivals

Competitors/colleagues of R. Chad Prashad

Holdings

See how much did R. Chad Prashad make over time.

Chad holds a significant stake in World Acceptance Corporation. His investments show confidence in the company's long-term strategies. Over the years, he has had various successful asset performances, peaking at notable values during market highs. As of the latest data,...

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Total Stock Sold

$6.14M

WRLD

$6.14M

37,896 WRLD shares

What if they kept their stock?

If R. Chad Prashad didn't sell their stock, today they would have:
Extra WRLD37,896 shares worth $2.54M.
This is -58.57% and $3.59M less than what they got when they sold the stock.

Charitable Transactions

WRLD

6,000 shares

WRLD

Recent Charitable Transactions

WRLD

6,000 shares

WRLD

Oct 15, 2021

Charity

Insider Trading

See recent insider trades of R. Chad Prashad.

WRLD

11,644 shares

WRLD

Dec 18, 2024

Received

WRLD

$656.98K

WRLD at $242.16/share

Dec 15, 2021

Sale

WRLD

$514.85K

WRLD at $255.00/share

Nov 9, 2021

Sale

WRLD

6,000 shares

WRLD

Oct 15, 2021

Charity

WRLD

$1.86M

WRLD at $184.50/share

Jul 22, 2021

Sale

WRLD

$1.42M

WRLD at $135.03/share

Feb 9, 2021

Sale

WRLD

$930.51K

WRLD at $130.95/share

Feb 3, 2021

Sale

WRLD

$770.06K

WRLD at $140.01/share

Aug 22, 2019

Sale

WRLD

78,000 shares

WRLD

Oct 15, 2018

Received

WRLD

8,000 shares

WRLD

Sep 5, 2018

Received

Compensation History

See how much did R. Chad Prashad make over time.

In 2023, Chad Prashad's total compensation at World Acceptance Corporation reached approximately $965,737. His salary accounts for $840,000, with additional components including the value of stock options tied to performance metrics. Notably, he did not receive cash bonuses since the bonus plan was terminated in favor of long-term performance incentives. His compensation reflects a structured approach aimed at aligning with company growth and shareholder interests, especially given the lack of vested stock awards this year. His compensation strategy is designed to attract top talent and ensure that executives’ incentives are aligned with the company's performance, particularly measured by earnings per share targets. This method keeps his focus on long-term success rather than short-term gains, fostering stability and strategic growth.

Year

2023

Total Compensation

$1.81M

Salary

$840.00K

Board Justification

The compensation philosophy aims to attract and retain talented executives, aligning their interests with those of shareholders through performance-based compensation.

Bonus

$0.00

Board Justification

No cash bonus was awarded for the fiscal year 2024.

Other

$965.74K

Board Justification

Includes company car, contributions to 401(k) plan, and life insurance premiums.

Restricted Stock

$0.00(0 N/A)

Board Justification

No stock awards vested in 2023 as all stock awards were performance-based and not yet vested.

Performance Metrics

Compensation is linked to the achievement of EPS targets and overall company performance.

Other World Acceptance CEOs

Here are other CEOs of World Acceptance