February 11, 2010 (FinancialWire) — Pawn shop operator EZCorp, Inc. (NASDAQ: EZPW) has named Paul E. Rothamel as its president, in addition to his role as the company’s chief operating officer, and has also been elected to the EZCorp board. The board has designated Rothamel as the successor to current chief executive officer, Joe Rotunda.

Rothamel, who joined the company in September 2009 as EVP and COO, will assume the CEO role effective when Rotunda retires, which is expected to be within the next year.

As COO Rothamel has had executive management responsibility for all of EZCorp’s operations. In his new role, he will also manage the company’s strategic development, marketing, human resources and loss prevention functions.

The company’s CFO and the general counsel will continue to report to Rotunda, along with Rothamel.

Texas-based EZCorp offers non-recourse loans collateralized by tangible personal property, commonly known as pawn loans. At December 31, 2009, the company operated a total of 920 locations, consisting of 370 U.S. pawnshops, 70 pawnshops in Mexico, 472 U.S. short-term consumer loan stores, and eight short-term consumer loan stores in Canada.

The company also has investments in Albemarle & Bond Holdings PLC, a U.K. pawnbroking businesses with 115 stores, and Cash Converters International, which franchises and operates a worldwide network of over 500 financial services and second-hand retail stores.

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