August 7, 2009 (FinancialWire) — Pawnshop operator EZCorp, Inc. (NASDAQ: EZPW) has hired Paul Rothamel as to the newly-created position of executive vice president and chief operating officer. He was formerly the president and CEO of Pamida, a chain of around 200 general merchandise and pharmacy stores located in the Midwest.

Rothamel spent twelve years at Pamida and ShopKo Stores, a Pamida affiliate, in various operational roles. Before joining ShopKo in 1997, he held various operational positions with Target and Venture stores.

In his new position, Rothamel will be responsible for all of EZCorp’s operations in the Americas.

Austin, Texas-based EZCorp offers non-recourse loans collateralized by tangible personal property, commonly known as pawn loans. In its loan stores and some pawnshops, the company offers short-term non-collateralized loans, often referred to as payday loans, or fee based credit services to customers seeking loans.

As of June 30, EZCorp operated a total of 897 locations in the U.S. and Mexico consisting of 370 U.S. pawnshops, 47 pawnshops in Mexico and 480 U.S. signature loan stores.

The company, as a near-30% stockholder, is also actively involved in the management of Albemarle & Bond Holdings PLC, a UK-based pawnbroking business with 115 stores.

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