It provides high interest rate loans to people who don't have great credit.
From Company Proxy Statement filings with the SEC, below are Credit Acceptance Corp's Top-Tier Executives Annual Total Compensation for each of two consecutive full years of employment for the most recent ten years.
FYE | FYE | FYE | FYE | FYE | FYE | FYE | FYE | FYE | FYE | |||||
Dec | Dec | Dec | Dec | Dec | Dec | Dec | Dec | Dec | Dec | |||||
Credit Acceptance Corp | 2018 | 2017 | 2017 | 2016 | 2016 | 2015 | 2015 | 2014 | 2014 | 2013 | ||||
Top-Tier | Total | Total | Total | Total | Total | Total | Total | Total | Total | Total | ||||
Executive | Comp | Comp | Comp | Comp | Comp | Comp | Comp | Comp | Comp | Comp | ||||
$ 000s | $ 000s | $ 000s | $ 000s | $ 000s | $ 000s | $ 000s | $ 000s | $ 000s | $ 000s | |||||
Brett Roberts CEO | 1,036 | 1,036 | 1,036 | 1,033 | 1,033 | 1,033 | 1,033 | 1,033 | 1,033 | 1,033 | ||||
Kenneth Booth CFO | 1,218 | 2,235 | 2,235 | 1,072 | 1,072 | 1,060 | 1,060 | 1,412 | 1,412 | 580 | ||||
Charles Pearce Chief Legal Officer | 1,218 | 2,235 | 2,235 | 1,072 | 1,072 | 1,060 | 1,060 | 1,410 | 1,410 | 531 | ||||
Arthur Smith Chief Analytics Officer | 1,218 | 2,236 | 2,236 | 1,072 | 1,072 | 1,060 | 1,060 | 1,412 | N/A | N/A | ||||
Daniel Ulatowski Chief Sales Officer | 1,218 | 2,235 | 2,235 | 1,072 | 1,072 | 1,060 | 1,060 | 1,412 | N/A | N/A | ||||
Steven Jones President | 3,065 | 1,484 | 1,484 | 1,467 | 1,467 | 1,965 | 1,965 | 634 | ||||||
Totals | 5,908 | 9,977 | 13,042 | 6,805 | 6,805 | 6,740 | 6,740 | 8,644 | 5,820 | 2,778 | ||||
Annual % Change vs Prior Year | -40.8% | 91.7% | 1.0% | -22.0% | 109.5% | |||||||||
5 Year Average Per Year % Change | 27.9% | |||||||||||||
FYE | FYE | FYE | FYE | FYE | FYE | FYE | FYE | FYE | FYE | |||||
Dec | Dec | Dec | Dec | Dec | Dec | Dec | Dec | Dec | Dec | |||||
Credit Acceptance Corp | 2013 | 2012 | 2012 | 2011 | 2011 | 2010 | 2010 | 2009 | 2009 | 2008 | ||||
Top-Tier | Total | Total | Total | Total | Total | Total | Total | Total | Total | Total | ||||
Executive | Comp | Comp | Comp | Comp | Comp | Comp | Comp | Comp | Comp | Comp | ||||
$ 000s | $ 000s | $ 000s | $ 000s | $ 000s | $ 000s | $ 000s | $ 000s | $ 000s | $ 000s | |||||
Brett Roberts CEO | 1,033 | 54,283 | 54,283 | 982 | 982 | 807 | 807 | 805 | 805 | 800 | ||||
Kenneth Booth CFO | 580 | 563 | 563 | 539 | 539 | 515 | 515 | 593 | 593 | 784 | ||||
Charles Pearce Chief Legal Officer | 531 | 498 | N/A | N/A | ||||||||||
Arthur Smith Chief Analytics Officer | ||||||||||||||
Daniel Ulatowski Chief Sales Officer | ||||||||||||||
Steven Jones President | 634 | 615 | 615 | 585 | 585 | 556 | 556 | 2,093 | 2,093 | 2,871 | ||||
John Neary Chief Admin Officer | 695 | 670 | 670 | 612 | 612 | 536 | N/A | N/A | ||||||
Donald Foss Chairman | 479 | 479 | 479 | 477 | 477 | 476 | ||||||||
Michael Miotto Chief Information Officer | 572 | 857 | ||||||||||||
Totals | 3,473 | 56,629 | 56,131 | 2,718 | 3,197 | 2,893 | 2,357 | 3,968 | 4,540 | 5,788 | ||||
Annual % Change vs Prior Year | -93.9% | 1965.2% | 10.5% | -40.6% | -21.6% | |||||||||
5 Year Average Per Year % Change | 363.9% | |||||||||||||
10 Year Average Per Year % Change | 195.9% |