Leadership & Pay ·
Credit Acceptance Corporation entered into a separation agreement with Jay D. Martin, its former Chief Financial…
CACCCredit Acceptance Corp
Credit Acceptance Corporation entered into a separation agreement with Jay D. Martin, its former Chief Financial Officer whose tenure ended on July 27, 2026. Mr. Martin will serve as an unsalaried employee advisor providing approximately 15 hours of services per month from September 3, 2026, through February 1, 2027. The company will pay a pre-tax lump sum of $4,000 for benefit premiums and cover three months of medical, dental, and vision benefits at no cost to Mr. Martin during the term. Outstanding equity awards continue to vest according to their existing schedule. Credit Acceptance Corporation operates in the financial services industry, specializing in subprime auto financing.