Credit Acceptance CTO Ravi Mohan Resigns

Credit Acceptance Corporation announced that its Chief Technology Officer, Ravi Mohan, mutually agreed to resign from his position, effective August 14, 2026. Mr. Mohan will officially separate from the company on October 25, 2026. As part of a separation and advisory agreement, he will retain the opportunity to vest in his restricted stock units and stock options and will receive a monthly consulting fee of $64,375 for an advisory period extending until February 14, 2027.