Kenneth S. Booth is the Chief Executive Officer of Credit Acceptance Corporation, a role he's held since May 2021. He's been with the company since January 2004, starting as the Director of Internal Audit. After a series of promotions, he...

Kenneth S. Booth is the Chief Executive Officer of Credit Acceptance Corporation, a role he's held since May 2021. He's been with the company since January 2004, starting as the Director of Internal Audit. After a series of promotions, he became the Chief Financial Officer before taking over as CEO. His background in finance comes from his time at PricewaterhouseCoopers, where he worked for over a decade. Under his leadership, the company aligns its compensation for executives to encourage long-term growth and ties it to performance metrics like economic profit and share price appreciation. His 2023 compensation totals $1,016,500, which reflects his base salary and company contributions to his retirement plan. Interestingly, Booth has had significant stock holdings, with his wealth in company shares fluctuating dramatically over the years, peaking at $82.53 million in November 2021, just shortly after becoming CEO. This shows his deep involvement in the company’s success, as his personal investments are closely tied to Credit Acceptance's performance. In addition to his corporate duties, he’s committed to diversity and financial literacy initiatives within the company, driving a culture that values inclusivity and education for both employees and consumers.