Wednesday was the day Feehan announced that he plans on retiring as president and chief executive officer, effective April 30th. He has “led Cash America as its top executive for more than a decade.” Feehan joined Cash America in 1988 as an executive vice president, then became president and chief operating officer in less than two years.
“I am extremely proud to have been a part of the Cash America family for nearly 30 years. Cash America has a very bright future and I believe the timing for a change in leadership is right for both me and the company.”
The board appointed a “special committee” in search of a new chief executive officer.