leadership
confidence high
sentiment neutral
materiality 0.55
Credit Acceptance CTO Ravi Mohan resigns; separation and advisory agreement reached
CREDIT ACCEPTANCE CORP
- Ravi Mohan resigns as CTO effective Aug 14, 2026; employment ends Oct 25, 2026.
- Mohan retains vesting in RSUs and stock options scheduled to vest on Oct 24, 2026.
- Monthly consulting fee of $64,375 from Aug 14, 2026 to Feb 14, 2027.
- Separation agreement includes general release of claims.