Credit Acceptance Announces CEO Transition: Kenneth S. Booth to Retire as CEO; Vinayak Hegde Appointed as Next CEO
Credit Acceptance Corporation (CACC)
Last credit acceptance corporation earnings: 1/30 04:02 pm
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US:NASDAQ Investor Relations:
ir.creditacceptance.com/investor-relations
Company Research
Source: GlobeNewswire
Southfield, Michigan, Oct. 28, 2025 (GLOBE NEWSWIRE) -- Credit Acceptance Corporation (Nasdaq: CACC) (referred to as the “Company”, “Credit Acceptance”, “we”, “our”, or “us”) today announced that Kenneth S. Booth, Chief Executive Officer and President and a member of the Company’s Board of Directors, will retire as of January 31, 2026. Mr. Booth will remain a member of the Company’s Board of Directors. The Board of Directors has unanimously elected and appointed Vinayak R. Hegde as the Company’s next Chief Executive Officer and President, effective November 13, 2025. As of this date, Mr. Booth will transition to Executive Board Member. Mr. Hegde currently serves on the Company’s Board of Directors, where he has been an active strategic partner to the leadership team for the past four years. He brings a strong history of innovation, digital transformation, and customer-focused growth across multiple industries, including technology, e-commerce, and consumer services. Most recently,
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CACC
News
- Credit Acceptance Named a 2025 Top Workplace in Michigan by the Detroit Free Press [Yahoo! Finance]Yahoo! Finance
- Credit Acceptance Named a 2025 Top Workplace in Michigan by the Detroit Free PressGlobeNewswire
- Will Credit Acceptance's (CACC) New CEO Shift Digital Strategy or Reinforce Core Lending Focus? [Yahoo! Finance]Yahoo! Finance
- Credit Acceptance (NASDAQ:CACC) had its price target lowered by analysts at TD Cowen from $450.00 to $430.00. They now have a "sell" rating on the stock.MarketBeat
- Credit Acceptance (NASDAQ:CACC) had its "sell" rating reaffirmed by analysts at Cowen Inc.MarketBeat
CACC
Earnings
- 10/30/25 - Beat
CACC
Sec Filings
- 11/26/25 - Form 4
- 11/24/25 - Form 144
- 11/19/25 - Form 8-K
- CACC's page on the SEC website