The president and chief executive officer of CURO Financial Technologies Corp., Don Gayhardt leads more than 5,000 employees across more than 400 locations in Canada, the United States, and the United Kingdom. He began working for CURO as a consultant in 2011. The following year, he accepted the position of CEO and was appointed to the company’s board of directors.
The CURO family of brands includes Speedy Cash, Rapid Cash, Opt+, Cash Money, LendDirect, and WageDayAdvance, which provide financial services such as short-term loans, installment loans, prepaid debit cards, and lines of credit to the growing underbanked market. In the US, this demographic encompasses some 9 million households that are unbanked, and 19 million that are underbanked, according to a 2015 FDIC survey. CURO was founded in 1997 and is known for setting industry-leading standards and developing unique products backed by advanced technologies to meet customers’ needs.
At CURO, Don Gayhardt works to implement the company’s “Great people, great culture, great technology, and great branch network” philosophy. He seeks to foster a collegial atmosphere where employees feel connected to their colleagues and are motivated to work together to achieve goals. Mr. Gayhardt discourages micromanagement and promotes a progressive work environment where talented employees feel confident suggesting new ideas.
In addition, Don Gayhardt is active within the broader financial services industry. He serves on the board of Beneficial Bank, a full-service bank that is the oldest and largest headquartered in Philadelphia. He also sits on the board of the Community Financial Services Association of America, the national organization that promotes accountability and high standards of service within the small-dollar, short-term loan industry.
Mr. Gayhardt also draws on his extensive leadership experience to serve as the chairman of Music Training Center Holdings, LLC, which employs highly trained professionals to provide quality music education to children in New Jersey and Pennsylvania. Each week, teachers at Music Training Centers instruct more than 2,000 young students in piano, guitar, voice, musical theater, and more. The company offers private and group lessons, as well as camps.
Previously, Mr. Gayhardt served as the president of Dollar Financial Group. His achievements in this role included expanding the company’s operations internationally by adding more than 700 outlets in the United Kingdom and Canada.
Committed to philanthropic endeavors, Don Gayhardt supports local charities and nonprofits such as SpeakUp!, a Philadelphia organization that is dedicated to helping young people foster positive behavioral health and communication habits. SpeakUp! trains high school and middle school students to lead forums where youth, parents, and teachers come together to talk about critical issues that aren’t often discussed—such as stress, body image, dating, substance abuse, and mental health. In all, the organization has reached more than 100,000 kids, parents, and educators through these forum discussions. Mr. Gayhardt has also supported other institutions in his Philadelphia community, including Bryn Mawr Hospital and the Philadelphia Orchestra, considered one of the “Big Five” American symphony orchestras.
A family man, Mr. Gayhardt enjoys spending his free time with his wife of over 20 years and his four children. An avid traveler, he has spent time in every state in the contiguous United States, as well as Austria, New Zealand, and several other foreign locales. He particularly enjoys vacationing in Avalon, New Jersey, where he and his family spend their summers. A former varsity lacrosse player at the University of Notre Dame, Don Gayhardt now prefers golf and tennis. In addition, his children have carried on the lacrosse tradition. His oldest son plays varsity lacrosse in college, and his second-oldest son recently earned a place on the Under Armour All-America Lacrosse Team.
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