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Credit Acceptance Announces New CEO Appointment

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Credit Acceptance Announces New CEO Appointment

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Credit Acceptance ( (CACC) ) has provided an announcement.

On October 25, 2025, Credit Acceptance Corporation announced the retirement of Kenneth S. Booth as CEO, effective January 31, 2026, with Vinayak R. Hegde appointed as his successor starting November 13, 2025. Mr. Hegde, who has a strong background in marketing and digital transformation from companies like T-Mobile and Amazon, is expected to continue the company’s focus on innovation and customer service, potentially impacting its market position and stakeholder value positively.

The most recent analyst rating on (CACC) stock is a Hold with a $531.00 price target. To see the full list of analyst forecasts on Credit Acceptance stock, see the CACC Stock Forecast page.

Spark’s Take on CACC Stock

According to Spark, TipRanks’ AI Analyst, CACC is a Neutral.

Credit Acceptance’s overall stock score reflects solid financial performance and reasonable valuation, tempered by technical indicators suggesting potential bearish momentum and mixed earnings call outcomes. High leverage and declining free cash flow growth are notable risks, while achievements in portfolio growth and technology improvements provide some positive outlook.

To see Spark’s full report on CACC stock, click here.

More about Credit Acceptance

Credit Acceptance Corporation operates in the financial services industry, providing innovative financing solutions that enable automobile dealers to sell vehicles to consumers regardless of their credit history. Their programs are offered through a nationwide network of automobile dealers, helping consumers improve their credit scores and access more traditional financing options.

Average Trading Volume: 122,773

Technical Sentiment Signal: Strong Buy

Current Market Cap: $5.69B

Learn more about CACC stock on TipRanks’ Stock Analysis page.

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