Joseph Billante was named Chief Financial Officer of Credit Acceptance Corp, succeeding Jay D. Martin, effective July 27, 2026. As of November 6, 2026, Credit Acceptance Corp has reported 3 leadership change filings to the SEC under Item 5.02 of Form 8-K, from June 10, 2026 to July 24, 2026, naming 1 appointment and 3 departures (Form 8-K, June 10, 2026).
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Key facts
- · In / out: Reported · Person: not named in the filing · 8-K, 2026-07-24
- · In / out: Out · Person: Kenneth S. Booth · Role: Director · 8-K, 2026-07-22
- · In / out: Out · Person: Jay D. Martin · Role: Chief Financial Officer · Effective: 2026-07-27 · 8-K, 2026-06-10
Credit Acceptance Corp reported changes in 3 filings among its directors and officers to the SEC on Form 8-K, Item 5.02, from 2026-06-10 to 2026-07-24. They name 3 people, with 1 appointment and 3 departures. Every row below is cited to the filing it comes from, and this page adds each new change as Credit Acceptance Corp files it.
Also on the record for Credit Acceptance Corp
| Date | Record | Figure | Our page | Source |
|---|---|---|---|---|
| August 13, 2026 | Stake report, Schedule 13G/A, by John P. Neary, not individually but solely as a co-trustee of the Marital Trust U/A Donald A. Foss Trust January 16, 1981 | 6.3% of the class | 5%+ stakes | Source |
| July 27, 2026 | Stake report, Schedule 13G, by BlackRock, Inc. | 6% of the class | 5%+ stakes | Source |
| July 7, 2026 | Stake report, Schedule 13D/A, by Prescott General Partners LLC | 13.6% of the class | 5%+ stakes | Source |
| June 5, 2026 | Stake report, Schedule 13D/A, by Jill Foss Watson | 14.5% of the class | 5%+ stakes | Source |
| June 5, 2026 | Stake report, Schedule 13D/A, by The Donald A. Foss 2009 Remainder Trust | 19.8% of the class | 5%+ stakes | Source |
| May 15, 2026 | Stake report, Schedule 13G/A, by John P. Neary, not individually but solely as a co-trustee of the Marital Trust U/A Donald A. Foss Trust January 16, 1981 | 6.8% of the class | 5%+ stakes | Source |
| May 14, 2026 | Stake report, Schedule 13G, by Boston Partners | 5.09% of the class | 5%+ stakes | Source |
| February 12, 2026 | Stake report, Schedule 13G/A, by Ruane, Cunniff & Goldfarb L.P. | 4.9% of the class | 5%+ stakes | Source |
| August 14, 2025 | Stake report, Schedule 13G/A, by John P. Neary, not individually but solely as a co-trustee of the Marital Trust U/A Donald A. Foss Trust January 16, 1981 | 7.6% of the class | 5%+ stakes | Source |
| July 7, 2025 | Stake report, Schedule 13D/A, by Prescott General Partners LLC | 12.4% of the class | 5%+ stakes | Source |
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More on Credit Acceptance Corp and the records around it.
Credit Acceptance Corp elsewhere on the record
- 5%+ stake filings Aug 2026
- Who owns it
Companies that share a holder
- Prescott General Partners LLC also filed stake reports on 1 other company: World Acceptance Corporation (Oct 2026)
- Boston Partners also filed stake reports on 28 other companies: CROSS COUNTRY HEALTHCARE INC (Nov 2026), DoubleDown Interactive Co., Ltd. (Nov 2026), Holley Inc. (Aug 2026)
- BlackRock, Inc. also filed stake reports on 1596 other companies: AvePoint, Inc. (Nov 2026), BIOMARIN PHARMACEUTICAL INC (Nov 2026), MSG RANGERS CORP (Nov 2026)
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Timeline
| Filed | In / out | Person | Role | Effective | Source |
|---|---|---|---|---|---|
| 2026-07-24 | Reported | not named in the filing | 8-K, 2026-07-24 | ||
| 2026-07-22 | Out | Director | 8-K, 2026-07-22 | ||
| 2026-07-22 | Out | 8-K, 2026-07-22 | |||
| 2026-06-10 | Out | Chief Financial Officer | 2026-07-27 | 8-K, 2026-06-10 | |
| 2026-06-10 | In | Chief Financial Officer | 2026-07-27 | 8-K, 2026-06-10 |
Who leads Credit Acceptance Corp, as last reported?
For each role that changed in the filings below, the most recent change reported. A role that did not change in these filings is not listed.
- Chief Financial Officer: Jay D. Martin, departure reported, effective 2026-07-27 (filed 2026-06-10). No successor is named in these filings.
- Director: Kenneth S. Booth, departure reported (filed 2026-07-22). No successor is named in these filings.
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Find candidates like Director at Credit Acceptance CorpEvery change, in the filing's words
Reported
On July 20, 2026, the Board of Directors of Credit Acceptance Corporation (referred to as the "Company," "Credit Acceptance," "we," "our" or "us") and Ravi Mohan, the Company's Chief Technology Officer, mutually agreed that Mr. Mohan would resign as Chief Technology Officer, effective August 14, 2026 (the "Effective Date") and separate from the Company on October 25, 2026.
- In connection with Mr. Mohan's resignation, the Company and Mr. Mohan are expected to enter into a separation and advisory agreement pursuant to which, subject to his execution and non-revocation of a general release of claims, Mr. Mohan will retain the opportunity to vest in his restricted stock units and stock options scheduled to vest on October 24, 2026, and will receive a monthly consulting fee of $64,375 for an advisory services period from the Effective Date to February 14, 2027.
- Factors that might cause such a difference include, but are not limited to, the factors set forth in Item 1A of our Annual Report on Form 10-K for the year ended December 31, 2025, filed with the Securities and Exchange Commission (the "SEC") on February 13, 2026, and other risk factors discussed or listed from time to time in our reports filed with the SEC.
- We do not undertake, and expressly disclaim any obligation, to update or alter our statements, whether as a result of new information or future events or otherwise, except as required by applicable law.
Departing: Kenneth S. Booth, Director
On July 21, 2026, Kenneth S. Booth notified Credit Acceptance Corporation (the "Company) of his resignation from the board of directors of the Company (the "Board").
Departing: Kenneth S. Booth
Mr. Booth has advised the Company that his resignation from the Board is not because of, or a result of, any disagreement with the Company, its management, the Board or any committee of the Board.
- The Company thanks Mr. Booth for his long time service and commitment to the Company.
- In connection with Mr. Booth's departure from the Board, the Board has reduced the size of the Board from six directors to five directors.
Departing: Jay D. Martin, Chief Financial Officer, effective 2026-07-27
On June 5, 2026, Jay D. Martin, Chief Financial Officer of Credit Acceptance Corporation (referred to as the "Company," "Credit Acceptance," "we," "our" or "us") and, as such, the Company's principal financial officer and principal accounting officer, informed the Company that he has decided to retire as an officer and employee of the Company effective July 27, 2026.
Appointed: Joseph Billante, Chief Financial Officer, effective 2026-07-27
On June 8, 2026, the board of directors of the Company (the "Board") elected and appointed Joseph Billante to succeed Mr. Martin as the Company's Chief Financial Officer effective July 27, 2026.
- The Company expects that Mr. Martin will serve in a consulting capacity as an employee advisor to the Company following his retirement date until August 31, 2026.
- As such, Mr. Martin will continue to receive compensation consistent with his current rate of annual compensation through August 31, 2026.
- In his capacity as Chief Financial Officer, Mr. Billante will be the Company's principal financial officer and principal accounting officer.
- The Board has approved the following compensation for Mr. Billante as the Company's Chief Financial Officer: an annual base salary of $750,000, a one-time cash signing bonus of $300,000, and a one-time grant of 26,223 Restricted Stock Units (comprising 19,667 Base Restricted Stock Units and 6,556 Retirement Restricted Stock Units (as such terms are defined in the award agreement) that will vest over a period of 10 years on each of the ten anniversaries of the grant date, subject to continuous employment through the relevant vesting date.
- The grant will be made effective July 27, 2026, pursuant to the Credit Acceptance Corporation Amended and Restated Incentive Compensation Plan, as amended.
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Where this comes from
A public company must file a current report on Form 8-K with the SEC within four business days when a director leaves or is elected, or when its chief executive, chief financial, chief accounting or chief operating officer, or another named executive, departs or is appointed. That disclosure goes under Item 5.02 of the report.
Every change on this page is taken from one of those filings and quoted in the company's own words, with a link to the filing, so it can be checked at the source. Where a filing names the person, the role and the date a change takes effect, they are shown beside the quote. Where it does not, the quote stands on its own. A filing states what changed; it rarely states why, and neither does this page.