Credit Acceptance Management
Management criteria checks 4/4
Credit Acceptance's CEO is Ken Booth, appointed in May 2021, has a tenure of 3.67 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 €59.48M. The average tenure of the management team and the board of directors is 3.7 years and 10.8 years respectively.
Key information
Ken Booth
Chief executive officer
US$1.0m
Total compensation
| CEO salary percentage | 98.4% |
| CEO tenure | 3.7yrs |
| CEO ownership | 1.1% |
| Management average tenure | 3.7yrs |
| Board average tenure | 10.8yrs |
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$574m |
Compensation vs Market: Ken's total compensation ($USD1.02M) is below average for companies of similar size in the German market ($USD3.29M).
Compensation vs Earnings: Ken's compensation has been consistent with company performance over the past year.
CEO
Ken Booth (57 yo)
3.7yrs
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 | 3.7yrs | US$1.02m | 1.08% € 59.5m | |
| Chief Sales Officer | 11yrs | US$717.80k | 0.033% € 1.8m | |
| Chief Marketing & Product Officer | 2.8yrs | US$617.89k | 0.014% € 783.1k | |
| Chief Analytics Officer | 11.4yrs | US$717.82k | 0.0041% € 227.1k | |
| Chief Treasury Officer | 23.1yrs | US$657.80k | 0.026% € 1.4m | |
| Chief Financial Officer | less than a year | no data | 0.041% € 2.3m | |
| Chief Operating Officer | 5.7yrs | no data | 0.063% € 3.5m | |
| Chief Technology Officer | 2.3yrs | US$7.00m | 0.022% € 1.2m | |
| Chief Legal Officer | 3.5yrs | no data | 0.025% € 1.3m | |
| Chief People Officer | 3.7yrs | US$2.10m | 0.11% € 6.1m | |
| Chief Alignment Officer | 1.4yrs | no data | 0.0093% € 512.0k |
3.7yrs
Average Tenure
49yo
Average Age
Experienced Management: 2D5's management team is considered experienced (3.7 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President & Director | 3.7yrs | US$1.02m | 1.08% € 59.5m | |
| Chairman & Independent Lead Director | 25.5yrs | US$263.92k | 3.31% € 182.0m | |
| Independent Director | 17.8yrs | US$249.92k | 0.55% € 30.4m | |
| Independent Director | 20.8yrs | US$122.26k | 0.14% € 7.8m | |
| Independent Director | 3.7yrs | US$75.00k | 0.062% € 3.4m | |
| Independent Director | 1.3yrs | US$153.07k | no data |
10.8yrs
Average Tenure
55.5yo
Average Age
Experienced Board: 2D5's board of directors are seasoned and experienced ( 10.8 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/04 01:21 |
| End of Day Share Price | 2025/01/03 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Credit Acceptance Corporation is covered by 18 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| James Fotheringham | BMO Capital Markets Equity Research |
| Kenneth Bruce | BofA Global Research |
| Giuliano Anderes Bologna | BTIG |