Credit Acceptance Corp. (CACC) has released an update to notify the public and investors about its officers.
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Jay D. Martin has been appointed as Chief Financial Officer of Credit Acceptance Corporation, where he will also serve as the principal financial and accounting officer. Mr. Martin, who has been with the company since 2003 and ascended through various roles, will receive an increased annual salary of $525,000 and a grant of 600 restricted stock units. Concurrently, Kenneth S. Booth will relinquish his role as the company’s principal financial officer.
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