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Get filing alertsFirstCash CEO Rick Wessel to transition to Executive Chairman; President Brent Stuart named CEO
Filed July 22, 2026 · Period ending July 22, 2026 · ~1 min read
Key Changes
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high
Rick Wessel will step down as CEO on January 1, 2027, and become Executive Chairman of the Board, expected to serve at least three years subject to re-election.
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President and COO Brent Stuart will succeed Wessel as CEO effective January 1, 2027, while retaining direct responsibility for day-to-day operations.
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Stuart was elected to the Board effective July 22, 2026, and will stand for re-election at the 2027 annual meeting; he will not receive separate director compensation.
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Current Chairman Dan Feehan will retire from the Chairman role on January 1, 2027, but will continue serving as a Board member.
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Compensation terms for Wessel's Executive Chairman role and Stuart's CEO role have not yet been determined; the company will file an amended 8-K once finalized.
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Summary
FirstCash Holdings announced a planned leadership transition effective January 1, 2027. CEO Rick Wessel will move to Executive Chairman of the Board, a role he expects to hold for at least three years subject to re-election. President and COO Brent Stuart will succeed Wessel as CEO while continuing to oversee day-to-day operations.
Stuart joined FirstCash through the 2016 Cash America merger, where he previously served as CEO, bringing substantial industry experience to the top role. The Board elected Stuart as a director effective immediately. Concurrently, current Chairman Dan Feehan will retire from the Chairman position but remain on the Board as a director.
This represents a planned succession in both executive and Board leadership, with Wessel's transition to Executive Chairman filling the Chairman role Feehan is vacating. The company has not yet determined compensation arrangements for either Wessel's new role or Stuart's CEO position and will file an amended 8-K once those terms are set. For retail holders, this is a routine succession plan with continuity: the outgoing CEO remains engaged as Executive Chairman, and the incoming CEO is a long-tenured internal executive already running operations.
Section-by-Section Diff
Event · Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Compensation
CEO Rick Wessel transitions to Executive Chairman effective Jan 1, 2027; President Brent Stuart appointed CEO; Chairman Dan Feehan to retire.
Added in current filing · verify on EDGAR →
The Board has also appointed Brent Stuart, the Company’s current President and Chief Operating Officer, to succeed Mr. Wessel as the Company’s Chief Executive Officer effective as of the Transition Date. In addition to Mr. Stuart’s responsibilities as Chief Executive Officer following the Transition Date, he will continue to have direct responsibility over the Company’s day-to-day operations.
Brent Stuart, currently President and COO, will become CEO on January 1, 2027. He will retain direct responsibility for day-to-day operations in addition to his CEO duties. Stuart has been with the company since the 2016 Cash America merger and previously served as Cash America's CEO.
Added in current filing · verify on EDGAR →
On the Transition Date, Dan Feehan, the Company’s current Chairman of the Board, will retire from his position as Chairman and continue to serve as a member of the Board.
Dan Feehan will retire as Chairman on January 1, 2027, but will remain on the Board as a director. This coincides with Rick Wessel's transition to Executive Chairman, representing a planned succession in Board leadership.
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Figures/quotes linked to EDGAR · Narrative written by AI · Jul 23, 2026 · How we verify