Regional Management Corp. filed a Form 8-K on October 28, 2026, disclosing the termination of its Chief Credit Risk Officer, the appointment of a successor, quarterly financial results for the period ended September 30, 2026, and a quarterly cash dividend declaration.

Key Highlights

  • Officer departure: Manish Parmar, Executive Vice President and Chief Credit Risk Officer, was terminated without cause effective October 28, 2026.
  • Severance treatment: The termination will be treated as a "Qualifying Termination" under the Regional Management Corp. Executive Severance and Change in Control Plan, according to the filing.
  • New appointment: Elizabeth Canini was appointed Chief Credit Risk Officer, effective November 2, 2026.
  • Quarterly dividend: The Board declared a cash dividend of $0.30 per share of outstanding common stock, payable December 16, 2026 to stockholders of record as of November 18, 2026.
  • Financial results: The company announced results for the three and nine months ended September 30, 2026, with a conference call scheduled for October 28, 2026.

Leadership Transition and Dividend Declaration at Regional Management Corp.

Regional Management Corp. (NYSE:RM), headquartered in Greer, South Carolina, disclosed multiple developments in its October 28, 2026 Form 8-K filing. The most prominent personnel action involves the immediate termination without cause of Manish Parmar, who served as Executive Vice President and Chief Credit Risk Officer. According to the filing, Mr. Parmar's departure qualifies him for benefits under the company's Executive Severance and Change in Control Plan, as amended and restated effective October 30, 2025, "subject to his compliance with the restrictive covenants contained in the Severance Plan."

To fill the vacancy, the company's Board of Directors appointed Elizabeth Canini as Chief Credit Risk Officer, with her tenure beginning November 2, 2026. The filing notes that a press release announcing the transition was attached as Exhibit 99.3. Separately, the company reported that its Board declared a quarterly cash dividend of $0.30 per share of common stock, payable on December 16, 2026, to stockholders of record at the close of business on November 18, 2026.

The filing also references the announcement of financial results for the three and nine months ended September 30, 2026, furnished under Item 2.02. The company indicated it would host a conference call on October 28, 2026 to discuss those results. The filing notes that the press release and presentation are "furnished" rather than "filed" and are not deemed filed for purposes of Section 18 of the Securities Exchange Act of 1934.

What Was Disclosed

Regional Management Corp. disclosed the without-cause termination of its Chief Credit Risk Officer Manish Parmar, the appointment of Elizabeth Canini as his successor effective November 2, 2026, a quarterly dividend of $0.30 per share payable December 16, 2026, and financial results for the period ended September 30, 2026.