Credit Acceptance Management
Management criteria checks 4/4
Credit Acceptance's CEO is Ken Booth, appointed in May 2021, has a tenure of 3.5 years. total yearly compensation is $1.02M, comprised of 98.4% salary and 1.6% bonuses, including company stock and options. directly owns 1.08% of the company’s shares, worth €59.06M. The average tenure of the management team and the board of directors is 3.5 years and 10.6 years respectively.
Key information
Ken Booth
Chief executive officer
US$1.0m
Total compensation
CEO salary percentage | 98.4% |
CEO tenure | 3.5yrs |
CEO ownership | 1.1% |
Management average tenure | 3.5yrs |
Board average tenure | 10.6yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
Date | Total Compensation | Salary | Company Earnings |
---|---|---|---|
Sep 30 2024 | n/a | n/a | US$190m |
Jun 30 2024 | n/a | n/a | US$182m |
Mar 31 2024 | n/a | n/a | US$251m |
Dec 31 2023 | US$1m | US$1m | US$286m |
Sep 30 2023 | n/a | n/a | US$320m |
Jun 30 2023 | n/a | n/a | US$336m |
Mar 31 2023 | n/a | n/a | US$421m |
Dec 31 2022 | US$1m | US$1m | US$536m |
Sep 30 2022 | n/a | n/a | US$626m |
Jun 30 2022 | n/a | n/a | US$789m |
Mar 31 2022 | n/a | n/a | US$971m |
Dec 31 2021 | US$31m | US$888k | US$958m |
Sep 30 2021 | n/a | n/a | US$907m |
Jun 30 2021 | n/a | n/a | US$899m |
Mar 31 2021 | n/a | n/a | US$707m |
Dec 31 2020 | US$2m | US$572k | US$421m |
Sep 30 2020 | n/a | n/a | US$417m |
Jun 30 2020 | n/a | n/a | US$340m |
Mar 31 2020 | n/a | n/a | US$408m |
Dec 31 2019 | US$3m | US$555k | US$656m |
Sep 30 2019 | n/a | n/a | US$646m |
Jun 30 2019 | n/a | n/a | US$632m |
Mar 31 2019 | n/a | n/a | US$618m |
Dec 31 2018 | US$1m | US$539k | US$574m |
Sep 30 2018 | n/a | n/a | US$599m |
Jun 30 2018 | n/a | n/a | US$549m |
Mar 31 2018 | n/a | n/a | US$497m |
Dec 31 2017 | US$2m | US$523k | US$470m |
Compensation vs Market: Ken's total compensation ($USD1.02M) is below average for companies of similar size in the German market ($USD3.59M).
Compensation vs Earnings: Ken's compensation has been consistent with company performance over the past year.
CEO
Ken Booth (57 yo)
3.5yrs
Tenure
US$1,016,500
Compensation
Mr. Kenneth S. Booth, also known as Ken, had been the Chief Financial Officer of Credit Acceptance Corp. since December 7, 2004 until May 3, 2021. Mr. Booth serves as Chief Executive Officer, President and...
Leadership Team
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
CEO, President & Director | 3.5yrs | US$1.02m | 1.08% € 59.1m | |
Chief Sales Officer | 10.8yrs | US$717.80k | 0.033% € 1.8m | |
Chief Marketing & Product Officer | 2.6yrs | US$617.89k | 0.047% € 2.6m | |
Chief Analytics Officer | 11.3yrs | US$717.82k | 0.0041% € 225.5k | |
Chief Treasury Officer | 22.9yrs | US$657.80k | 0.026% € 1.4m | |
Chief Financial Officer | less than a year | no data | 0.041% € 2.2m | |
Chief Operating Officer | 5.5yrs | no data | 0.067% € 3.7m | |
Chief Technology Officer | 2.1yrs | US$7.00m | 0.063% € 3.4m | |
Chief Legal Officer | 3.3yrs | no data | 0.024% € 1.3m | |
Chief People Officer | 3.5yrs | US$2.10m | 0.13% € 6.9m | |
Chief Alignment Officer | 1.3yrs | no data | 0.0092% € 503.9k |
3.5yrs
Average Tenure
49yo
Average Age
Experienced Management: 2D5's management team is considered experienced (3.5 years average tenure).
Board Members
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
CEO, President & Director | 3.5yrs | US$1.02m | 1.08% € 59.1m | |
Chairman & Independent Lead Director | 25.3yrs | US$263.92k | 3.31% € 180.7m | |
Independent Director | 17.7yrs | US$249.92k | 0.55% € 30.2m | |
Independent Director | 20.7yrs | US$122.26k | 0.14% € 7.7m | |
Independent Director | 3.5yrs | US$75.00k | 0.062% € 3.4m | |
Independent Director | 1.1yrs | US$153.07k | no data |
10.6yrs
Average Tenure
55.5yo
Average Age
Experienced Board: 2D5's board of directors are seasoned and experienced ( 10.6 years average tenure).