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Nicholas Financial CFO won't renew employment contract

Nicholas Financial Inc. CFO Kelly Malson does not intend to renew her employment contract with the company, which expires June 30, 2020.

The effective date of her voluntary termination of employment will be determined once Nicholas Financial identifies a new CFO and following the completion of an orderly transition.

The company will carry out a search for Malson's replacement, both internally and externally.