Enova announces CEO succession plan for January 2026

CHICAGO - Enova International (NYSE:ENVA), a financial services company specializing in online lending and currently trading near its 52-week high of $119.06, announced Thursday a planned leadership transition set to take effect January 1, 2026. According to InvestingPro data, the company maintains a "GREAT" financial health score of 3.3, suggesting strong operational performance.

David Fisher, current Chairman and CEO, will transition to Executive Chairman, a role he intends to hold for at least two years. Steve Cunningham, who has served as Chief Financial Officer since 2016 and has overseen the company’s impressive 21.58% revenue growth over the last twelve months, will succeed Fisher as CEO.

Additionally, Scott Cornelis, current Treasurer and Vice President of Finance, will be promoted to CFO. Cunningham has also joined Enova’s Board of Directors, effective immediately.

"It has been my honor to lead Enova through such a transformational time in the Company’s history," Fisher said in the press release. "Steve’s leadership and execution have been critical to our success and performance consistency."

Cunningham brings significant financial services experience to the CEO role, having previously worked at Discover Financial Services as Executive Vice President and Chief Risk Officer. He also held positions at Harley-Davidson Financial Services and Capital One Financial.

Cornelis, who will assume the CFO position, has led Enova’s treasury, financial planning and investor relations functions since joining in 2017. His background includes experience at BorrowersFirst and J.P. Morgan’s Investment Banking division.

Enova, founded over 20 years ago, provides online financial services to small businesses and consumers underserved by traditional banks. According to the company’s statement, it has provided over $63 billion in loans and financing to more than 13 million customers. The company’s success is reflected in its strong financial metrics, with InvestingPro reporting a healthy P/E ratio of 12.74 and robust earnings of $8.48 per share. InvestingPro subscribers have access to additional insights through comprehensive Pro Research Reports, which provide deep-dive analysis of Enova and 1,400+ other top US stocks.

The leadership changes reflect what the company describes as strategic vision and careful planning aimed at positioning Enova for continued growth.

In other recent news, Enova International Inc. reported strong financial results for the second quarter of 2025. The company exceeded market expectations with an earnings per share (EPS) of $3.23, compared to the anticipated $2.98. This represents an 8.39% earnings surprise. Additionally, Enova International’s revenue reached $764 million, slightly surpassing the forecasted $756.58 million. These results highlight the company’s solid performance during this period. Despite the positive financial outcomes, Enova’s stock experienced a decline, although this is not uncommon following earnings announcements. No significant mergers or acquisitions were reported. Analyst upgrades or downgrades were not noted in the recent developments. These financial highlights reflect the latest updates concerning Enova International Inc.

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