Credit Acceptance's CEO Kenneth Booth to retire, Vinayak Hegde appointed to post

Credit Acceptance (NASDAQ:CACC [https://seekingalpha.com/symbol/CACC]) announced [https://seekingalpha.com/pr/20282126-credit-acceptance-announces-ceo-transition-kenneth-s-booth-to-retire-as-ceo-vinayak-hegde] on Tuesday the retirement of CEO and President Kenneth Booth as of January 31, 2026.

Shares were -1.49% pre-market to $495.60.

Booth will remain a board member.

The board has appointed Vinayak Hegde CEO and president, effective November 13.

Hegde currently serves on the company’s board, and most recently served as consumer chief marketing officer at T-Mobile US (TMUS [https://seekingalpha.com/symbol/TMUS]).

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