DARRELL E. WHITAKER - Corporate Board Profile

WORLD ACCEPTANCE CORP

Filing Date	Source Excerpt
2009-06-29	DARRELL E. WHITAKER (51), President and Chief Operating Officer of IMI Resort Holdings, Inc. a sales and marketing company of luxury real estate.Before joining IMI in January of 2004, Mr. Whitaker served as the Chief Operating Officer and VP of Finance and Corporate Secretary of The Cliffs Communities, Inc., a developer of high end resort communities. He joined the Cliffs Communities, Inc. in July 1998 as Chief Financial Officer, a position he held until becoming COO in August 2001. In addition, he has held executive management positions with leading corporations such as Ryan’s Family Steak House, Inc. from the hospitality industry, Baby Superstores, Inc. from the retail industry and Food Lion, Inc. from the supermarket industry. Mr. Whitaker has served as a director of the Company since May 2008.
2010-06-29	Darrell E. Whitaker (52), President and Chief Operating Officer of IMI Resort Holdings, Inc., Director since May 2008. The Board of Directors maintains an Audit Committee on which Messrs. Way (Chairman), Bramlett, and Whitaker serve. Nominating and Corporate Governance Committee: The Board also maintains a Nominating and Corporate Governance Committee on which Messrs. Gilreath (Chairman), Hummers and Whitaker serve.
2011-06-29	Darrell E. Whitaker (53), President and Chief Operating Officer of IMI Resort Holdings, Inc., Director since May 2008. The Board of Directors maintains an Audit Committee on which Messrs. Way (Chairman), Bramlett, and Whitaker serve. The Board also maintains a Nominating and Corporate Governance Committee on which Messrs. Gilreath (Chairman), Hummers and Whitaker serve.
2012-06-28	Darrell E. Whitaker (54), President and Chief Operating Officer of IMI Resort Holdings, Inc., Director since May 2008. He serves on the Audit Committee. Director compensation for fiscal 2012 was $165,400.
2013-07-25	Darrell E. Whitaker (55), President and Chief Operating Officer of IMI Resort Holdings, Inc., Director since May 2008. Committees: Audit and Compliance Committee. Total compensation: $893,820
2014-06-30	Darrell E. Whitaker (56), President and Chief Operating Officer of IMI Resort Holdings, Inc., Director since May 2008. 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.
2015-07-07	Darrell E. Whitaker (57), President and Chief Operating Officer of IMI Resort Holdings, Inc., Director since May 2008. 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.
2016-06-27	Mr. Whitaker has been the President and Chief Operating Officer of IMI Resort Holdings, Inc. Committees: Audit, Nominating. Director Compensation: Fees Earned or Cash Paid $40,000, Stock Awards $53,880, Total $93,880.
2017-07-31	Mr. Whitaker has been the President and Chief Operating Officer of IMI Resort Holdings, Inc. ... 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: Darrell E. Whitaker Fees Earned or Paid in Cash $40,000, Stock Awards $97,165, Total $137,165.
2018-07-16	Mr. Whitaker has been the President and Chief Operating Officer of IMI Resort Holdings, Inc. since 2004. ... Committees: Audit and Compliance, Nominating and Corporate Governance. ... For fiscal year 2018, each non-employee director was paid a $10,000 quarterly retainer. ... Darrell E. Whitaker Fees Earned or Paid in Cash: $40,000.
2019-07-12	Mr. Whitaker has been the President and Chief Operating Officer of IMI Resort Holdings, Inc., a real estate brokerage firm, since 2004. Before joining IMI, Mr. Whitaker served as the Chief Operating Officer and Vice President of Finance and Corporate Secretary of The Cliffs Communities, Inc., a developer of high end resort communities. He joined The Cliffs Communities, Inc. in July 1998 as Chief Financial Officer, a position he held until becoming Chief Operating Officer in August 2001. In addition, he has held executive management positions with other publicly traded companies, such as Ryan’s Family Steak House, Inc., Baby Superstores, Inc., and Food Lion, Inc. He holds a Bachelor of Science Degree in Business Administration from the University of South Carolina Upstate and was voted the most outstanding alumnus from the school of business in 1994. In addition, Mr. Whitaker is a licensed real estate broker in the state of South Carolina, has been a licensed CPA in the state of South Carolina since 2001, and holds a chartered global management accountant designation. He has developed extensive experience in audit, accounting, and finance with public and private companies since 1976. The Board believes that Mr. Whitaker provides the Board with leadership, finance, and accounting experience from his current position with IMI Resort Holdings, Inc. and his prior experience with The Cliffs Communities, Inc., Ryan’s Restaurant Group, Inc., Baby Superstores, Inc. and other companies.
2020-07-17	Mr. Whitaker has been the President and Chief Operating Officer of IMI Resort Holdings, Inc. ... The Board believes that Mr. Whitaker provides the Board with leadership, finance, and accounting experience ... The following table summarizes the compensation the Company paid to non-employee members of the Board of Directors for the fiscal year ended March 31, 2020: ... D. Whitaker Fees Earned or Paid in Cash($) 40,000 ...
2021-07-02	Mr. Whitaker has been the President and Chief Operating Officer of IMI Resort Holdings, Inc., a real estate brokerage firm, since 2004. Before joining IMI, Mr. Whitaker served as the Chief Operating Officer and Vice President of Finance and Corporate Secretary of The Cliffs Communities, Inc., a developer of high-end resort communities. He joined The Cliffs Communities, Inc. in July 1998 as Chief Financial Officer, a position he held until becoming Chief Operating Officer in August 2001. In addition, he has held executive management positions with other publicly traded companies, such as Ryan’s Family Steak House, Inc., Baby Superstores, Inc., and Food Lion, Inc. He holds a Bachelor of Science Degree in Business Administration from the University of South Carolina Upstate and was voted the most outstanding alumnus from the school of business in 1994. In addition, Mr. Whitaker is a licensed real estate broker in the state of South Carolina, has been a licensed CPA in the state of South Carolina since 2001, and holds a chartered global management accountant designation. The Board believes that Mr. Whitaker 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: Darrell E. Whitaker: Fees Earned or Paid in Cash: $60,000, Stock Awards: $115,531, Option Awards: $0, All Other Compensation: $0, Total: $175,531.
2022-07-18	Darrell E. Whitaker (Independent) Director Since: 2008 Age: 64 Committees: Audit and Compliance Nominating and Corporate Governance ... The following table summarizes the compensation the Company paid to non-employee members of the Board of Directors for the fiscal year ended March 31, 2022: Darrell E. Whitaker Fees Earned or Paid in Cash($) 80,000 Total ($) 80,000
2023-07-17	Mr. Whitaker has been the President and Chief Operating Officer of IMI Resort Holdings, Inc., a real estate brokerage firm, since 2004. Before joining IMI, Mr. Whitaker served as the Chief Operating Officer and Vice President of Finance and Corporate Secretary of The Cliffs Communities, Inc., a developer of high-end resort communities. He joined The Cliffs Communities, Inc. in July 1998 as Chief Financial Officer, a position he held until becoming Chief Operating Officer in August 2001. In addition, he has held executive management positions with other publicly traded companies, such as Ryan’s Family Steak House, Inc., Baby Superstores, Inc., and Food Lion, Inc. He holds a Bachelor of Science Degree in Business Administration from the University of South Carolina Upstate and was voted the most outstanding alumnus from the school of business in 1994. In addition, Mr. Whitaker is a licensed real estate broker in the states of South Carolina and Georgia, has been a licensed CPA in the state of South Carolina since 2001, and holds a chartered global management accountant designation. The Board believes that Mr. Whitaker 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. Whitaker has been the President and Chief Operating Officer of IMI Resort Holdings, Inc., a real estate brokerage firm, since 2004.