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Credit Acceptance Corp. (CACC)On Dec 17: 39.54   0.00 (0.00%)  
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Credit Acceptance Corp.
25505 West Twelve Mile Road
Suite 3000
Southfield, MI 48034-8339
United States - Map
Phone: 248-353-2700
Fax: 248-353-9776
Web Site: http://www.credaccept.com

DETAILS 
Index Membership:N/A
Sector:Financial
Industry:Credit Services
Full Time Employees:1,048

BUSINESS SUMMARY 
Credit Acceptance Corporation provides auto loans to consumers primarily in the United States. Its business comprises portfolio program, under which the company advances money to dealer-partners in exchange for the right to service the underlying consumer loan; and purchase programs, under which it buys the consumer loan from the dealer-partner and keeps the amounts collected from the consumer. The company offers its products through a network of automobile dealers. Credit Acceptance Corporation was founded in 1972 and is headquartered in Southfield, Michigan.
Key Statistics

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    CORPORATE GOVERNANCE 
    Credit Acceptance Corp.'s Corporate Governance Quotient (CGQ®) as of 1-Dec-09 is better than 51.6% of Russell 3000 companies and 54.3% of Diversified Financials companies.
    Brought to you by Institutional Shareholder Services.

    KEY EXECUTIVES 
     PayExercised
    Mr. Donald A. Foss , 64
    Founder and Chairman
    $ 475.00K $ 0
    Mr. Brett A. Roberts , 42
    Chief Exec. Officer and Exec. Director
    $ 800.00K $ 669.00K
    Mr. Steven M. Jones , 45
    Pres and Principal Operating Officer
    $ 1.08M $ 0
    Mr. Kenneth S. Booth , 44
    Chief Financial Officer and Principal Accounting Officer
    $ 455.00K $ 0
    Mr. Michael P. Miotto , 48
    Chief Information Officer
    $ 414.00K $ 0
    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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