CHARLES D. WAY - Corporate Board Profile

WORLD ACCEPTANCE CORP

Filing Date	Source Excerpt
2009-06-29	CHARLES D. WAY (56), Retired. From 1989 until 2006, Mr. Way served as chief executive officer of Ryan’s Restaurant Group, Inc., and as its chairman from 1992 until 2006. From 1988 to 2004, Mr. Way served as President of Ryan’s Family Steak House, Inc. From 1986 until 1988, Mr. Way served as executive vice president, treasurer and secretary of Ryan’s Family Steak House, Inc. Mr. Way has served as a director of the Company since September 1991.
2010-06-29	Charles D. Way (57), Private Investor, Director since September 1991. The Board of Directors maintains an Audit Committee on which Messrs. Way (Chairman), Bramlett, and Whitaker serve. Compensation and Stock Option Committee: The Board also maintains a Compensation and Stock Option Committee on which Messrs. Bramlett (Chairman), Hummers and Way serve.
2011-06-29	Charles D. Way (58), Private Investor, Director since September 1991. The Board of Directors maintains an Audit Committee on which Messrs. Way (Chairman), Bramlett, and Whitaker serve. The Board also maintains a Compensation and Stock Option Committee on which Messrs. Bramlett (Chairman), Hummers and Way serve.
2012-06-28	Charles D. Way (59), Private Investor, Director since September 1991. He serves on the Audit Committee and the Compensation and Stock Option Committee. Director compensation for fiscal 2012 was $167,900.
2013-07-25	Charles D. Way (60), Private Investor, Director since September 1991. Committees: Audit and Compliance Committee (Chairman), Compensation and Stock Option Committee
2014-06-30	Charles D. Way (61), Private Investor, Director since September 1991. The Audit and Compliance Committee for the Company’s fiscal year ended March 31, 2014 was composed of three directors, each of whom is independent within the meaning of applicable NASDAQ rules and all of whom have accounting or related financial management expertise. The Audit and Compliance Committee operates under a written charter approved by the Board of Directors. The Audit and Compliance Committee met six times during fiscal 2014 and once in fiscal 2015 prior to the filing of this Proxy Statement. This included quarterly conference call meetings with management and the Company’s independent auditors to review interim financial information prior to its public release.
2015-07-07	Charles D. Way (62), Private Investor, Director since September 1991. The Audit and Compliance Committee for the Company’s fiscal year ended March 31, 2015 was composed of three directors, each of whom is independent within the meaning of applicable NASDAQ rules and all of whom have accounting or related financial management expertise. The Audit and Compliance Committee met four times during fiscal 2015.
2016-06-27	Mr. Way is currently a private investor. Committees: Audit (Chair), Compensation. Director Compensation: Fees Earned or Cash Paid $55,000, Stock Awards $53,880, Total $108,880.
2017-07-31	Mr. Way is currently a private investor ... The table summarizes the compensation the Company paid to non-employee members of the Board of Directors for the fiscal year ended March 31, 2017: Charles D. Way Fees Earned or Paid in Cash $55,000, Stock Awards $97,165, Total $152,165.
2018-07-16	Mr. Way is currently a private investor. ... Committees: Audit and Compliance (chair), Compensation and Stock Option. ... For fiscal year 2018, each non-employee director was paid a $10,000 quarterly retainer, except the Chairman of the Audit and Compliance Committee and the Chairman of the Compensation and Stock Option Committee, who received quarterly retainers of $13,750 and $12,500, respectively. ... Charles D. Way Fees Earned or Paid in Cash: $55,000.
2019-07-12	Mr. Way is currently a private investor following an extensive career at Ryan’s Restaurant Group, Inc., a publicly traded restaurant company that was acquired by Buffets, Inc. in 2006. While at Ryan’s, he served as Chief Executive Officer from 1989 to 2006, President from 1988 to 2004, Executive Vice President from 1986 to 1988, Vice President and Chief Financial Officer from 1981 to 1986, Treasurer and Secretary from 1981 to 1988, and Controller from 1979 to 1981. He also served as a director of Ryan’s from 1981 to 2006 and as chairman of Ryan’s board of directors from 1992 to 2006. He holds a Bachelor of Science Degree in Accounting from Clemson University. The Board believes that Mr. Way contributes extensive public company leadership and finance experience to the Board from his long career at Ryan’s Restaurant Group, Inc.
2020-07-17	Mr. Way is currently a private investor following an extensive career at Ryan’s Restaurant Group, Inc. ... The Board believes that Mr. Way contributes extensive public company leadership and finance experience to the Board ... The following table summarizes the compensation the Company paid to non-employee members of the Board of Directors for the fiscal year ended March 31, 2020: ... C. D. Way Fees Earned or Paid in Cash($) 55,000 ...
2021-07-02	Mr. Way is currently a private investor following an extensive career at Ryan’s Restaurant Group, Inc., a publicly traded restaurant company that was acquired by Buffets, Inc. in 2006. While at Ryan’s, he served as Chief Executive Officer from 1989 to 2006, President from 1988 to 2004, Executive Vice President from 1986 to 1988, Vice President and Chief Financial Officer from 1981 to 1986, Treasurer and Secretary from 1981 to 1988, and Controller from 1979 to 1981. He holds a Bachelor of Science Degree in Accounting from Clemson University. Other Directorships include: Ryan’s Restaurant Group, Director 1981 to 2006; Chairman from 1992 to 2006. The Board believes that Mr. Way provides the Board with Leadership experience, Risk Management and oversight experience, Finance experience, Corporate governance experience, General business experience. For the year ended March 31, 2021, the non-employee director compensation program was comprised of the following: Charles D. Way: Fees Earned or Paid in Cash: $77,500, Stock Awards: $115,531, Option Awards: $0, All Other Compensation: $0, Total: $193,031.
2022-07-18	Charles D. Way (Independent) Director Since: 1991 Age: 69 Committees: Audit and Compliance (Chair) Compensation and Stock Option ... The following table summarizes the compensation the Company paid to non-employee members of the Board of Directors for the fiscal year ended March 31, 2022: Charles D. Way Fees Earned or Paid in Cash($) 100,000 Total ($) 100,000
2023-07-17	Mr. Way is currently a private investor following an extensive career at Ryan’s Restaurant Group, Inc., a publicly traded restaurant company that was acquired by Buffets, Inc. in 2006. While at Ryan’s, he served as Chief Executive Officer from 1989 to 2006, President from 1988 to 2004, Executive Vice President from 1986 to 1988, Vice President and Chief Financial Officer from 1981 to 1986, Treasurer and Secretary from 1981 to 1988, and Controller from 1979 to 1981. He holds a Bachelor of Science Degree in Accounting from Clemson University. Other Directorships include: Ryan’s Restaurant Group, Director 1981 to 2006; chairman from 1992 to 2006. The Board believes that Mr. Way provides the Board with: Leadership experience, Risk Management and oversight experience, Finance experience, Corporate governance experience, General business experience. For fiscal year 2023, each non-employee director was paid $20,000 quarterly retainer along with any additional retainer amounts for Chairman of the Board ($2,500) and other Committee Chairs ($2,500 or $5,000). No additional fees were paid for attendance at meetings.
2024-07-22	Mr. Way is currently a private investor following an extensive career at Ryan’s Restaurant Group, Inc.