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 $58.34M. 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
The Price Is Right For Credit Acceptance Corporation (NASDAQ:CACC) Even After Diving 25%
Aug 16
Credit Acceptance Corporation's (NASDAQ:CACC) CEO Compensation Looks Acceptable To Us And Here's Why
May 30Credit Acceptance Corporation's (NASDAQ:CACC) Earnings Haven't Escaped The Attention Of Investors
Apr 10Credit Acceptance: Back At Expensive Levels While Facing The Same Concerns
Feb 26What You Can Learn From Credit Acceptance Corporation's (NASDAQ:CACC) P/E
Dec 23Argentine lenders take the lead in week's financial winners, while Chinese fintechs dip
Sep 10Credit Acceptance: Best Near-Term Capital-Gain Portfolio Wealth-Builder
Sep 02Credit Acceptance extends $500M asset-backed financing
Aug 12Here's Why We Think Credit Acceptance (NASDAQ:CACC) Is Well Worth Watching
Jul 17Here's Why I Think Credit Acceptance (NASDAQ:CACC) Might Deserve Your Attention Today
Apr 17Should You Be Adding Credit Acceptance (NASDAQ:CACC) To Your Watchlist Today?
Jan 11I Ran A Stock Scan For Earnings Growth And Credit Acceptance (NASDAQ:CACC) Passed With Ease
Sep 30Credit Acceptance Should Take A Breather
Sep 14Have Credit Acceptance Corporation (NASDAQ:CACC) Insiders Been Selling Their Stock?
Mar 15Credit Acceptance (NASDAQ:CACC) Shareholders Booked A 86% Gain In The Last Five Years
Feb 24Credit Acceptance EPS beats by $3.31, beats on revenue
Feb 01Credit Acceptance completes $100M asset-backed financing
Jan 29Have Insiders Been Selling Credit Acceptance Corporation (NASDAQ:CACC) Shares This Year?
Jan 03Would Shareholders Who Purchased Credit Acceptance's (NASDAQ:CACC) Stock Year Be Happy With The Share price Today?
Nov 26
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 US market ($USD7.91M).
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% $ 58.3m | |
| Chief Sales Officer | 10.8yrs | US$717.80k | 0.033% $ 1.8m | |
| Chief Marketing & Product Officer | 2.6yrs | US$617.89k | 0.047% $ 2.5m | |
| Chief Analytics Officer | 11.3yrs | US$717.82k | 0.0041% $ 222.8k | |
| 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% $ 3.6m | |
| 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% $ 6.8m | |
| Chief Alignment Officer | 1.3yrs | no data | 0.0092% $ 497.8k |
3.5yrs
Average Tenure
49yo
Average Age
Experienced Management: CACC'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% $ 58.3m | |
| Chairman & Independent Lead Director | 25.3yrs | US$263.92k | 3.31% $ 178.5m | |
| Independent Director | 17.7yrs | US$249.92k | 0.55% $ 29.8m | |
| Independent Director | 20.7yrs | US$122.26k | 0.14% $ 7.6m | |
| Independent Director | 3.5yrs | US$75.00k | 0.062% $ 3.3m | |
| Independent Director | 1.1yrs | US$153.07k | no data |
10.6yrs
Average Tenure
55.5yo
Average Age
Experienced Board: CACC's board of directors are seasoned and experienced ( 10.6 years average tenure).