People: Credit Acceptance Corporation (CACC.O)

CACC.O on Nasdaq

40.90USD
9 Feb 2010
Price Change (% chg)

$-0.90 (-2.15%)
Prev Close
$40.90
Open
--
Day's High
$42.05
Day's Low
$39.83
Volume
81,677
Avg. Vol
100,749
52-wk High
$53.97
52-wk Low
$17.02

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Summary

Name Age Since Current Position
Foss, Donald 64 2002 Chairman of the Board
Roberts, Brett 42 2007 Chief Executive Officer, Director
Jones, Steven 45 2008 President, Principal Operating Officer
Booth, Kenneth 41 2004 Chief Financial Officer
Knoblauch, Michael 45 2008 Senior Vice President - Loan Servicing
Miotto, Michael 48 2006 Chief Information Officer
Busk, Douglas 48 2004 Treasurer
Pearce, Charles 44 2004 Chief Legal Officer
Tryforos, Thomas 49 1999 Director
Chamberlain, Glenda 56 2004 Director
Vassalluzzo, Scott 37 2007 Director
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Biographies

Name Description
Foss, Donald Mr. Foss is the Chairman of the board of Credit Acceptance Corp. He is the founder and principal shareholder of the Company, in addition to owning and operating companies engaged in the sale of used vehicles. He was formally named Chairman of the Board of Directors and Chief Executive Officer of the Company in March 1992 and vacated the Chief Executive Officer position effective January 1, 2002.
Roberts, Brett Mr. Roberts is a Chief Executive Officer, Director of Credit Acceptance Corporation. He is the Company in 1991 as Corporate Controller and was named Assistant Treasurer in March 1992 and Vice President-Finance in April 1993. He was named Chief Financial Officer and Treasurer in August 1995. He was named Executive Vice President and Chief Financial Officer in January 1997, Co-President in January 2000, Executive Vice President of Finance and Operations in October 2000, Chief Operating Officer in January 2001, and Chief Executive Officer in January 2002. Mr. Roberts assumed the position of President from September 2006 until April 2007. Mr. Roberts became a director of the Company in March 2002.
Jones, Steven Mr. Steven M. Jones is President of Credit Acceptance Corporation ("the Company"), has assumed the responsibilities of principal operating officer. He joined the Company in October 1997 as Manager of the Debt Recovery Department for Credit Acceptance Corporation UK Limited, in which position he served until November 1999 when he was named Deputy Managing Director, Credit Acceptance Corporation UK Limited. In December 2001, he was named Managing Director Credit Acceptance Corporation UK Limited in which he was responsible for the operations of the Company’s United Kingdom business segment. Mr. Jones was named Chief Administrative Officer in November 2003, Chief Analytics Officer in December 2004, Chief Originations Officer in June 2006, and to his present position in April 2007. Mr. Jones also assumed the responsibilities of Chief Operating Officer in February 2008.
Booth, Kenneth Mr. Booth is the Chief Financial Officer of Credit Acceptance Corp. He joined the Company in January 2004 as Director of Internal Audit. He was named Chief Accounting Officer in May 2004 and to his present position in December 2004. From August 1991 until joining the Company, Mr. Booth worked in public accounting, most recently as a senior manager at PricewaterhouseCoopers LLP.
Knoblauch, Michael Mr. Knoblauch is Senior Vice President - Loan Servicing of Credit Acceptance Corporation. He joined the Company in 1992. He served as the Company’s collection manager from May 1994 to August 1995. He was named Vice President — Collections in August 1995, Chief Operating Officer in July 1999, Co-President in January 2000, President in October 2000, Chief Operating Officer in January 2002, and to his present position in February 2008.
Miotto, Michael Mr. Miotto joined the Credit Acceptance Corporation in November 2006 as Chief Information Officer. From May 2001 through November 2006, he was the Strategic Infrastructure and Marketing and Sales Systems Manager for Ford Motor Company.
Busk, Douglas Mr. Busk is the Treasure of Credit Acceptance Corporation. He joined the Company in November 1996 and was named Vice President and Treasurer in January 1997. He was named Chief Financial Officer in January 2000. Mr. Busk served as Chief Financial Officer and Treasurer until August 2001, when he was named President of the Company’s Capital Services unit. He resumed his duties as Chief Financial Officer and Treasurer in December 2001 and has been in his present position since May 2004.
Pearce, Charles Mr. Pearce joined the Credit Acceptance Corporation in January 1996 as General Counsel. He was named Vice President — General Counsel in January 1997; Vice President — General Counsel and Corporate Secretary in June 1999 and to his present position in December 2004.
Tryforos, Thomas Mr. Tryforos is a Director of Credit Acceptance Corp. He is a a private investor. Between May 1991 and September 2004, Mr. Tryforos was employed as a General Partner at Prescott Investors, Inc., a private investment firm based in Connecticut. Mr. Tryforos became a director of the Company in July 1999.
Chamberlain, Glenda Ms. Chamberlain is the Director of Credit Acceptance Corp. He is the Executive Vice President and Chief Financial Officer of Whole Foods Market, Inc., the largest natural and organic foods supermarket retailer in the United States. Ms. Chamberlain joined Whole Foods Market in 1988 as Chief Financial Officer, prior to which she held positions in public accounting, retail and business consulting. Ms. Chamberlain became a director of the Company in March 2004. She is also a director of Golfsmith International Holdings, Inc.
Vassalluzzo, Scott Mr. Vassalluzzo is a Director of Credit acceptance Corp. He is a General Partner at Prescott Investors, Inc., a private investment firm. Mr. Vassalluzzo joined Prescott Investors in 1998 as an equity analyst and became a General Partner in 2000. Prior to 1998, Mr. Vassalluzzo worked in public accounting at Coopers & Lybrand (now PricewaterhouseCoopers LLP) and received a certified public accountant certification. Mr. Vassalluzzo became a director of the Company in March 2007.

Basic Compensation

Name Fiscal Year Total
Foss, Donald 476,250
Roberts, Brett 3,776,260
Jones, Steven 1,214,990
Booth, Kenneth 556,050
Knoblauch, Michael 473,907
Miotto, Michael 462,063
Busk, Douglas --
Pearce, Charles --
Tryforos, Thomas --
Chamberlain, Glenda --
Vassalluzzo, Scott --
As Of 30 Dec 2008

Options Compensation

Name Options Value
Foss, Donald 0 0
Roberts, Brett 1,090,682 5,474,790
Jones, Steven 192,029 1,644,005
Booth, Kenneth 0 0
Knoblauch, Michael 671,600 8,697,640
Miotto, Michael 0 0
Busk, Douglas 0 0
Pearce, Charles 0 0
Tryforos, Thomas 0 0
Chamberlain, Glenda 0 0
Vassalluzzo, Scott 0 0

Insider Trading

Name Shares Traded Price
BOOTH KENNETH S 195 $17.05
BOOTH KENNETH S 150 $43.60
BOOTH KENNETH S 45 $43.62
KNOBLAUCH MICHAEL W 8,873 $3.63
MIOTTO MICHAEL P 93 $33.63
KNOBLAUCH MICHAEL W 1,344 $35.00
KNOBLAUCH MICHAEL W 1,344 $3.63
JONES STEVEN M 500 $35.14
JONES STEVEN M 320 $35.09
JONES STEVEN M 527 $35.03
JONES STEVEN M 8,728 $10.33
JONES STEVEN M 107 $35.12
JONES STEVEN M 300 $35.06
JONES STEVEN M 100 $35.01
PEARCE CHARLES A 250 $34.98
JONES STEVEN M 105 $35.15
JONES STEVEN M 447 $35.10
JONES STEVEN M 802 $35.04
JONES STEVEN M 384 $35.08
JONES STEVEN M 400 $35.13
JONES STEVEN M 327 $35.07
JONES STEVEN M 600 $35.02
JONES STEVEN M 295 $35.16
JONES STEVEN M 109 $35.11
JONES STEVEN M 718 $35.05
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