Credit Acceptance Corporation (CACC)
NASDAQ: CACC · IEX Real-Time Price · USD
515.52
-6.70 (-1.28%)
At close: Apr 25, 2024, 4:00 PM
525.06
+9.54 (1.85%)
After-hours: Apr 25, 2024, 4:42 PM EDT

Company Description

Credit Acceptance Corporation engages in the provision of financing programs, and related products and services in the United States.

The company advances money to automobile dealers in exchange for the right to service the underlying consumer loans; and buys the consumer loans from the dealers and keeps the amount 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.

The company serves independent and franchised automobile dealers. Credit Acceptance Corporation was incorporated in 1972 and is headquartered in Southfield, Michigan.

Credit Acceptance Corporation
Credit Acceptance logo
Country United States
Founded 1972
IPO Date Jun 5, 1992
Industry Credit Services
Sector Financials
Employees 2,232
CEO Kenneth S. Booth

Contact Details

Address:
25505 West Twelve Mile Road
Southfield, Michigan 48034-8334
United States
Phone (248) 353-2700
Website creditacceptance.com

Stock Details

Ticker Symbol CACC
Exchange NASDAQ
Fiscal Year January - December
Reporting Currency USD
CIK Code 0000885550
CUSIP Number 225310101
ISIN Number US2253101016
Employer ID 38-1999511
SIC Code 6141

Key Executives

Name Position
Kenneth S. Booth Chief Executive Officer, President and Director
Ravi Mohan Chief Technology Officer
Andrew Rostami Chief Marketing and Product Officer
Wendy A. Rummler Chief People Officer
Arthur L. Smith Chief Analytics Officer
Jay D. Martin Chief Financial Officer
Jonathan L. Lum Chief Operating Officer
Erin J. Kerber Chief Legal Officer, Chief Compliance Officer and Secretary
Daniel A. Ulatowski Chief Sales Officer
Nicholas J. Elliott Chief Alignment Officer

Latest SEC Filings

Date Type Title
Apr 25, 2024 ARS Filing
Apr 25, 2024 DEFA14A Additional definitive proxy soliciting materials and Rule 14(a)(12) material
Apr 25, 2024 DEF 14A Other definitive proxy statements
Apr 3, 2024 8-K Current Report
Apr 3, 2024 8-K Current Report
Mar 25, 2024 SC 13D/A [Amend] General statement of acquisition of beneficial ownership
Mar 22, 2024 SC 13D/A [Amend] General statement of acquisition of beneficial ownership
Mar 21, 2024 144 Filing
Mar 15, 2024 144 Filing
Mar 8, 2024 ABS-15G Filing