ITEM 2.02 Results of Operations and Financial Condition
On February 4, 2021, CURO Group Holdings Corp. (the “Company”) issued a press release announcing its financial results for the three and twelve months ended December 31, 2020. A copy of the press release and a supplemental presentation that will be used in conjunction with its earnings call with investors on February 4, 2021 is attached hereto as Exhibit 99.1 and Exhibit 99.2, respectively, and is incorporated herein by reference.
The information contained herein and in the accompanying exhibits shall not be incorporated by reference into any filing of the Company, whether made before or after the date hereof, regardless of any general incorporation language in such filing, unless expressly incorporated by specific reference to this or such filing. The information in this Item, including the exhibits related hereto, shall be deemed to be “furnished” and therefore shall not be deemed to be “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that section or Sections 11 and 12(a)(2) of the Securities Act of 1933, as amended.
5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On January 29, 2021, William Baker, the Company's Executive Vice President and Chief Operating Officer, was appointed President and Chief Operating Officer. Biographical information about Mr. Baker may be found in the Company's Definitive Proxy Statement, filed with the Securities and Exchange Commission ("SEC") on April 29, 2020, under the heading “Executive Officers,” which information is incorporated herein by reference. Mr. Baker will serve as President and Chief Operating Officer pursuant to his existing Employment and Non-Competition Agreement, dated October 24, 2019, a brief description of which may be found in the Company's Definitive Proxy Statement, filed with the SEC on April 29, 2020, under the heading “Executive Employment Agreements,” which description is incorporated herein by reference.
Also, on January 29, 2021, the Company's Board of Directors approved the 2021 Long-Term Incentive Program (the “2021 LTIP”) for participation by identified key employees of the Company, including our named executive officers. Other than a new three-year performance period for restricted stock units subject to performance-based vesting (January 1, 2021 to December 31, 2023), the 2021 LTIP operates in the same manner and has the same terms and conditions applicable to named executive officers as the 2020 Long-Term Incentive Program, a description of which may be found in the Company's Definitive Proxy Statement, filed with the SEC on April 29, 2020, under the heading “Executive Compensation,” which information is incorporated herein by reference. A form of restricted stock unit grant notice and award agreement for the 2021 LTIP is filed as Exhibit 10.1 to this Current Report on Form 8-K and is incorporated herein by reference.