Brett A. Roberts was the CEO of Credit Acceptance Corporation from 2006 until 2021. Under his leadership, the company focused on achieving strong annual financial performance, which is shown in the stock awards he received based on meeting economic growth...

Brett A. Roberts was the CEO of Credit Acceptance Corporation from 2006 until 2021. Under his leadership, the company focused on achieving strong annual financial performance, which is shown in the stock awards he received based on meeting economic growth goals. His latest total compensation reached over $1 million, which mainly came from his salary and vested stock awards. In total, he had around 1.8 million shares of stock and other equity awards at one point, showing a significant ownership stake in the company. Interestingly, during his time, he had some major fluctuations in the value of those holdings, peaking as high as $297.55 million in December 2021. He left the company in May 2021, after more than 15 years of leadership, reflecting a solid commitment to driving the company forward while aligning his interests with shareholders. Roberts is known for linking his earnings to the company’s economic profit, a practice that underscores a focus on efficient capital use and sustainability in profit generation.

Quick Links

1. Rivals

2. Holdings

3. Insider Trading

4. Compensation History

5. Other Credit Acceptance CEOs

C

Brett A. Roberts

Ex-CEO of Credit Acceptance

Education

Not specified

Field of Expertise

Finance & Banking - Finance

Sector of Economy

Financial Services

Born

April 29, 1968 - 57 years ago

CEO of Credit Acceptance for

14 years 8 months (Sep 2006 - May 2021)

Previous Experience

Chief Executive Officer at Credit Acceptance Corporation since September 1, 2006. Prior experience includes various roles in the company since 2006.

Rivals

Competitors/colleagues of Brett A. Roberts

Holdings

See how much did Brett A. Roberts make over time.

Brett A. Roberts had a substantial stake in Credit Acceptance, which peaked in December 2021 at around $297.55 million. Over the years, his holdings showed notable fluctuations. For instance, in September 2019, the value was $203.52 million, but by March...

Brett A. Roberts had a substantial stake in Credit Acceptance, which peaked in December 2021 at around $297.55 million. Over the years, his holdings showed notable fluctuations. For instance, in September 2019, the value was $203.52 million, but by March 2021, it had climbed to $170.95 million, highlighting a period of growth. However, in early 2020, the value took a dip, falling to $125.05 million in April before recovering to $256.99 million by December 2020. By the time he left in May 2021, his holdings had evolved significantly, reflecting the ups and downs of the stock market and the company’s performance during his tenure.

Total Stock Sold

$38.08M

CACC

$38.08M

211,385 CACC shares

What if they kept their stock?

If Brett A. Roberts didn't sell their stock, today they would have:
Extra CACC211,385 shares worth $91.97M.
This is 141.53% and $53.89M more than what they got when they sold the stock.

Insider Trading

See recent insider trades of Brett A. Roberts.

CACC

40,000 shares

CACC

Jan 29, 2021

Received

CACC

$10.80M

CACC at $513.56/share

Aug 7, 2020

Sale

CACC

$6.87M

CACC at $474.29/share

Jun 5, 2020

Sale

CACC

40,000 shares

CACC

Jan 29, 2020

Received

CACC

$4.25M

CACC at $427.85/share

Nov 8, 2019

Sale

CACC

52,263 shares

CACC

Jan 29, 2019

Received

CACC

$886.72K

CACC at $443.36/share

Aug 2, 2018

Sale

CACC

27,737 shares

CACC

Jan 29, 2018

Received

CACC

53,005 shares

CACC

Jan 30, 2017

Received

CACC

64,790 shares

CACC

Jan 29, 2016

Received

Compensation History

See how much did Brett A. Roberts make over time.

In 2021, Brett A. Roberts received total compensation of $1,039,910, primarily from a base salary of $1,025,000 and vested stock valued at approximately $15.1 million. He did not receive any cash bonuses, as his compensation was largely linked to performance-based stock awards. Over the years, his compensation remained fairly consistent, with little change from year to year, reflecting a stable pay strategy focused on long-term growth and economic performance metrics. During his tenure, Roberts was awarded substantial stock based on the company achieving certain economic profit targets, showing how his earnings were designed to benefit from the company's success.

Year

2021

Total Compensation

$16.18M

Salary

$1.03M

Board Justification

The compensation program is designed to attract and retain executives, aligning their interests with those of shareholders through performance-based incentives.

Bonus

$0.00

Board Justification

No cash bonus was awarded in 2021.

Other

$14.50K

Board Justification

Includes company matching contributions under the 401(k) Profit Sharing Plan.

Restricted Stock

$15.14M(279K RSU)

Board Justification

279,000 RSUs vested as of May 3, 2021, based on performance metrics related to economic profit growth.

Performance Metrics

Compensation is linked to the achievement of growth targets in economic profit.

Other Credit Acceptance CEOs

Here are other CEOs of Credit Acceptance

Kenneth S. Booth

CEO of Credit Acceptance

May 2021 - Present