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Thursday, December 17, 2009, 1:46AM ET - U.S. Markets open in 7 hours and 44 minutes. Dow Down 0.10% Nasdaq Up 0.27%
Asset Acceptance Capital Corp. (AACC)On Dec 16: 6.03  Up 0.03 (0.50%)  
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Asset Acceptance Capital Corp.
28405 Van Dyke Avenue
Warren, MI 48093
United States - Map
Phone: 586-939-9600
Web Site: http://www.assetacceptance.com

DETAILS 
Index Membership:N/A
Sector:Financial
Industry:Credit Services
Full Time Employees:1,595

BUSINESS SUMMARY 
Asset Acceptance Capital Corp. and its subsidiaries purchase and collect defaulted or charged-off accounts receivable portfolios from consumer credit originators in the United States. The consumer credit originators primarily include credit card issuers, consumer finance companies, healthcare providers, retail merchants, telecommunications, and utility providers, as well as resellers and other holders of consumer debt. The company periodically sells receivables from these portfolios to unaffiliated companies. It also finances the sales of consumer product retailers. The company was founded in 1962 and is headquartered in Warren, Michigan.
Key Statistics

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    CORPORATE GOVERNANCE 
    Asset Acceptance Capital Corp.'s Corporate Governance Quotient (CGQ®) as of 1-Dec-09 is better than 69.2% of Russell 3000 companies and 64.2% of Diversified Financials companies.
    Brought to you by Institutional Shareholder Services.

    KEY EXECUTIVES 
     PayExercised
    Mr. Rion B. Needs , 47
    Chief Exec. Officer, Pres
    $ 515.00K $ 0
    Mr. Mark A. Redman , 47
    Chief Financial Officer, Principal Accounting Officer, Sr. VP of Fin., Treasurer and Assistant Sec.
    $ 453.00K $ 8.39M
    Ms. Deborah L. Everly , 37
    Chief Acquisitions Officer and Sr. VP
    $ 470.00K $ 0
    Mr. Edwin L. Herbert , 58
    VP, Sec. and Gen. Counsel
    N/A N/A
    Mr. Ambrish Sundaram , 43
    VP of Information Services
    N/A N/A
    Dollar amounts are as of 31-Dec-08 and compensation values are for the last fiscal year ending on that date. "Pay" is salary, bonuses, etc. "Exercised" is the value of options exercised during the fiscal year.
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