Enova International Details Compensation for New CEO, CFO, and Executive Chairman
Summary
Enova International filed an amendment to disclose the compensation packages for its new CEO, CFO, and Executive Chairman, effective January 1, 2026, including significant base salaries, target bonuses, and substantial equity awards.
Key Events
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New CEO Compensation Detailed
Steve Cunningham, the new Chief Executive Officer, will receive an annual base salary of $850,000, a 2026 target bonus opportunity of $1,147,500, and a 2026 annual equity award of $5,100,000.
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New CFO Compensation Detailed
Scott Cornelis, the new Chief Financial Officer, will receive an annual base salary of $520,000, a 2026 target bonus opportunity of $442,000, and a 2026 annual equity award of $1,040,000.
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Executive Chairman Compensation Detailed
David Fisher, transitioning to Executive Chairman, will receive an annual base salary of $825,000, a 2026 target bonus opportunity of $1,072,000, and a 2026 annual equity award of $4,290,000.
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Equity Awards Structure
Equity awards for all three executives are granted in equal parts Restricted Stock Units (vesting over four years) and Stock Options (vesting over three years).
Analysis
This amendment provides crucial compensation details for the recently transitioned executive team, including the new CEO, CFO, and Executive Chairman. The substantial equity awards, totaling over $10 million across the three executives, are designed to align their interests with shareholders but also represent future dilution. Investors should monitor the performance of the new leadership under these compensation structures.
At the time of this filing, ENVA was trading at $161.96 on NYSE in the Finance sector, with a market capitalization of approximately $4B. The 52-week trading range was $79.41 to $168.68. This filing was assessed with neutral market sentiment and an importance score of 7 out of 10.