Saturday, March 7, 2020

Southfield, Michigan-Based Auto Finance Company Credit Acceptance Corp's Top-Tier Executives Average Pay and Benefits Raise Was a Completely Off-the-Charts 195.9% Per Year During the Past 10 Years

Credit Acceptance Corp is an Auto Finance Company.

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%