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The latest announcement is out from Nicholas Financial ( (NICK) ).
Nicholas Financial, Inc. has seen a major shakeup with Michael Rost stepping down as CEO and Jeffrey Royal taking the helm. Royal’s appointment coincides with the company’s strategic exit from the auto finance sector. Additionally, the firm has undergone a rebranding, now known as Old Market Capital Corporation, and will be trading under a new ticker symbol, OMCC. The headquarters have also moved to Omaha, Nebraska, signaling a fresh start for the organization under Royal’s experienced leadership.
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