Cash America 2008 Annual Report Download - page 38

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adverse effect on the Company’s financial condition or results of operations due to the relatively small
number of cash advance loans extended to active duty military personnel and their immediate families.
Beginning in May 2009, the Federal Fair and Accurate Credit Transaction Act (“FACTA”) requires
the Company to adopt written guidance and procedures for detecting, preventing, and responding
appropriately to mitigate, identity theft and to adopt various coworker policies, procedures, and provide
coworker training and materials, that address the importance of protecting non-public personal information
and aid the Company in detecting and responding to suspicious activity, including suspicious activity which
may suggest a possible identity theft red flag, as appropriate. The Company has adopted a Program for
Identity Theft Detection, Prevention and Mitigation with plans to train and implement the program prior to
May 2009.
Casualty insurance, including burglary coverage, is maintained for each of the Company’s locations,
and fidelity coverage is maintained on each of the Company’s employees.
Management of the Company believes its operations are conducted in material compliance with all
federal, state and local laws and ordinances applicable to its business.
The Company’s franchising activities are subject to various federal and state regulations that,
among other things, mandate disclosures to prospective franchisees and other requirements.
Executive Officers of the Registrant
The Company elects its executive officers annually. The Company’s executive officers, and
information about each, are listed below. There is no family relationship between any of the executive
officers.
Name
Age Position
Daniel R. Feehan 58 Chief Executive Officer and President
Timothy S. Ho 28 President – Internet Services Division
Dennis J. Weese 45 President – Retail Services Division
Thomas A. Bessant, Jr. 50 Executive Vice President – Chief Financial Officer
J. Curtis Linscott 43 Executive Vice President – General Counsel and Secretary
Daniel R. Feehan has been Chief Executive Officer and President since February 2000. He served
as the Company’s President and Chief Operating Officer from January 1990 until February 2000, except
that he served as Chairman and Co-Chief Executive Officer of Mr. Payroll Corporation from February 1998
to February 1999 before returning to the position of President and Chief Operating Officer of the Company.
Timothy S. Ho became President – Internet Services Division on October 1, 2008. Mr. Ho joined
CashNetUSA in January 2006 as Director of Process Development, and joined Cash America in September
2006 as Vice President of Business Development, in conjunction with Cash America’s acquisition of
CashNetUSA, and served as Senior Vice President – Strategic Development-Internet Services Division from
February 2008, where he oversaw the Division’s Strategy, Marketing and Analytics. Prior to joining
CashNetUSA, Mr. Ho worked in program management at GE Healthcare in Milwaukee, Wisconsin. He
received a Bachelor of Science in Computer Science from the University of Illinois in 2002.
Dennis J. Weese has been the President – Retail Services Division since July 2008. He joined the
Company as Executive Vice President & Chief Operating Officer – Retail Services Division in September
2007. Prior to joining the Company, Mr. Weese was Chief Operating Officer of On The Border Mexican
Grill and Cantina, a restaurant company within the Brinker International family of restaurants from July
2004 until September 2007. He also served in a number of Vice President and Director Level positions at
Limited Inc. from May 2001 until July 2004, and with YUM Brands from September 1990 to May 2001. He
is a graduate of the United States Military Academy, and has earned a master's degree in business