CACC - Credit Acceptance Corporation

NasdaqGS - NasdaqGS Real Time Price. Currency in USD

Credit Acceptance Corporation

25505 West Twelve Mile Road
Southfield, MI 48034
United States
248-353-2700
http://www.creditacceptance.com

SectorFinancial Services
IndustryCredit Services
Full Time Employees1,817

Key Executives

NameTitlePayExercisedYear Born
Mr. Brett A. RobertsCEO & Director1.03MN/A1966
Mr. Kenneth S. BoothChief Financial Officer1.07MN/A1967
Mr. Charles A. PearceChief Legal Officer & Corp. Sec.1.07MN/A1964
Mr. Arthur L. SmithChief Analytics Officer1.07MN/A1973
Mr. John S. SoaveChief Information OfficerN/AN/A1965
Amounts are as of December 31, 2016 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. Currency in USD.

Description

Credit Acceptance Corporation provides financing programs, and related products and services to independent and franchised automobile dealers in the United States. The company advances money to dealers in exchange for the right to service the underlying consumer loans; and buys the consumer loans from the dealers and keeps various amounts collected from the consumers. It is also involved in the business of reinsuring coverage under vehicle service contracts sold to consumers by dealers on vehicles financed by the company. Credit Acceptance Corporation was founded in 1972 and is headquartered in Southfield, Michigan.

Corporate Governance

Credit Acceptance Corporation’s ISS Governance QualityScore as of October 1, 2018 is 5. The pillar scores are Audit: 1; Board: 7; Shareholder Rights: 3; Compensation: 7.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.