The estimated Net Worth of Carlos Palomares is at least $2.32 Million dollars as of 3 January 2022. Mr. Palomares owns over 5,000 units of Regional Management Corp stock worth over $1,230,493 and over the last 13 years he sold RM stock worth over $868,150. In addition, he makes $217,874 as Independent Chairman of the Board at Regional Management Corp.
Carlos has made over 5 trades of the Regional Management Corp stock since 2013, according to the Form 4 filled with the SEC. Most recently he sold 5,000 units of RM stock worth $289,850 on 3 January 2022.
The largest trade he's ever made was exercising 10,000 units of Regional Management Corp stock on 5 March 2021 worth over $150,000. On average, Carlos trades about 1,444 units every 179 days since 2012. As of 3 January 2022 he still owns at least 39,401 units of Regional Management Corp stock.
You can see the complete history of Mr. Palomares stock trades at the bottom of the page.
Carlos Palomares serves as Independent Chairman of the Board of the Company. Mr. Palomares has been a director of Regional since March 2012 and currently serves as Chair of the Board. Since 2007, Mr. Palomares has been President and Chief Executive Officer of SMC Resources, a consulting practice that advises senior executives on business and marketing strategy. From 2001 to 2007, Mr. Palomares was Senior Vice President at Capital One Financial Corp., and he was Chief Operating Officer of Capital One Federal Savings Bank banking unit from 2004 to 2007. Prior to joining Capital One, Mr. Palomares held a number of senior positions with Citigroup Inc. and its affiliates, including Chief Operating Officer of Citibank Latin America Consumer Bank from 1998 to 2001, Chief Financial Officer of Citibank North America Consumer Bank from 1997 to 1998, Chairman and CEO of Citibank Italia from 1990 to 1992, and President and CEO of Citibank FSB Florida from 1992 to 1997. Mr. Palomares serves on the Boards of Directors of Pan American Life Insurance Group, Inc. and Banesco USA, a privately held financial institution. Mr. Palomares earned a B.S. degree in Quantitative Analysis from New York University.
As the Independent Chairman of the Board of Regional Management Corp, the total compensation of Carlos Palomares at Regional Management Corp is $217,874. There are 8 executives at Regional Management Corp getting paid more, with Robert William Beck having the highest compensation of $1,571,398.
Carlos Palomares is 75, he's been the Independent Chairman of the Board of Regional Management Corp since 2019. There are no older and 19 younger executives at Regional Management Corp.
Carlos's mailing address filed with the SEC is C/O REGIONAL MANAGEMENT CORP., 979 BATESVILLE ROAD, SUITE B, GREER, SC, 29651.
Over the last 13 years, insiders at Regional Management Corp have traded over $261,447,287 worth of Regional Management Corp stock and bought 1,184,160 units worth $25,708,058 . The most active insiders traders include Equity Partners Iii, L.L.C...., Curve Capital Llcbrown Thom..., and 2005 Equity Partners, Llc P.... On average, Regional Management Corp executives and independent directors trade stock every 25 days with the average trade being worth of $1,955,685. The most recent stock trade was executed by Roel C Campos on 4 September 2024, trading 14,670 units of RM stock currently worth $235,307.
regional management corp. is one of the leading consumer finance installment loan companies in the united states. founded in 1987, regional management corp has grown into a strong, trusting company that puts our customers first. rmc continues to provide our customers with not only a range of loans and financial products, but also the highest quality customer service. we believe that no one else works as hard as we do to earn and keep our customers business. we are proud of our hard working employees who are the reason for our success. as an employee with regional, you will find that you are an essential part of what creates the bigger picture. not only do we want to the best for our customer, but we also strive to help in the advancement of our employee’s careers. thus there are many opportunities for advancement within our company. we are currently looking for hard working, diligent individuals who truly believe in our mission, and hope to better the lives of the individuals we serv
Regional Management Corp executives and other stock owners filed with the SEC include: