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8-K - FORM 8-K - EZCORP INC | d83531e8vk.htm |
EXHIBIT 99.1
JOHN FARRELL JOINS EZCORP BOARD OF DIRECTORS
AUSTIN, Texas (July 18, 2011) EZCORP, Inc. (Nasdaq: EZPW) announced today that John Farrell
has been appointed to the Board of Directors effective immediately. Mr. Farrell formerly served as
President and Chief Executive Officer of the Specialised Agencies and Marketing Services business
of Publicis Groupe. Headquartered in Paris, Publicis Groupe is one of the worlds top three
advertising and communications agency groups.
During his 25-year business career, Mr. Farrell, age 53, has held various executive management
positions with a number of global advertising and communications firms, including:
Publicis Groupe (2003 2009)
| President and Chief Executive Officer of Specialised Agencies and Marketing Services | ||
| Member of the Publicis Groupe Executive Board |
DArcy, Masius, Benton & Bowles
| President and Chief Executive Officer (2000 2003) | ||
| President, DArcy, Masius, Benton & Bowles Transatlantic (2000) | ||
| President and Chief Executive Officer, DArcy North America (1996 2000) | ||
| Chairman and Chief Executive Officer, DArcy, Masius, Benton & Bowles Group UK (1993 1996) |
IMP International
| President and Chief Executive Officer (1990 1993) | ||
| Joint Chief Executive Officer, IMP London (1985 1990) |
Since his departure from Publicis Groupe at the end of 2009, Mr. Farrell has become involved with a
diverse group of businesses. He serves as non-executive director of a number of advertising and
communications related businesses, including Huntsworth Plc, Albion Digital Advertising Group, DWA,
Media Equals, Acceleration and LBI, and as senior consultant advisor to several businesses.
Since June 2010, Mr. Farrell has served on the board of directors of Albemarle & Bond Holdings
Plc., the UK listed pawnbroking and retail financial services business in which EZCORP owns almost
30% of the outstanding shares. He will continue to serve in that capacity and will replace Joe
Rotunda, EZCORPs former chief executive officer, as an EZCORP representative on the Albemarle &
Bond board.
Mr. Farrell earned a bachelors degree in business from Nottingham Trent University, where he
serves on the Board of Governors, as Chairman of the Business School and as a Visiting Professor of
Marketing. Mr. Farrell resides in London.
Sterling Brinkley, EZCORPs Chairman of the Board, stated We have had the good fortune of getting
to know John well over the past year and have been impressed with his talents, his unique insights
into marketing, advertising and communications, and his experience and perspective in running
global organizations. EZCORP will certainly benefit from Johns expertise and experience as we
continue to expand our geographic footprint, diversify our product and services offerings and
broaden our customer base.
About EZCORP
EZCORP is a leading provider of specialty consumer financial services. It provides collateralized
non-recourse loans, commonly known as pawn loans, and a variety of short-term consumer loans
including payday loans, installment loans and auto title loans, or fee-based credit services to
customers seeking loans. At its pawn stores, the company also sells merchandise, primarily
collateral forfeited from its pawn lending operations.
EZCORP operates more than 1,000 stores, including over 500 pawn stores in the U.S. and Mexico and
over 500 short-term consumer loan stores in the U.S. and Canada. The company also has significant
investments in Albemarle & Bond Holdings Plc (ABM.L), one of the U.K.s largest pawnbroking
businesses with over 150 stores, and Cash Converters International Limited (CCV.L and CCV.AUS),
which franchises and operates a worldwide network of over 600 stores that provide financial
services and sell pre-owned merchandise.
EZCORP Investor Relations
(512) 314-2220
(512) 314-2220