Credit Acceptance CEO Brett Roberts' 2007 pay jumps 603% to $8.7M
Credit Acceptance reports 2007 executive compensation
By ExecPay News
Published: April 10, 2008
Credit Acceptance reported fiscal year 2007 executive compensation information on April 10, 2008.
In 2007, six executives at Credit Acceptance received on average a compensation package of $1.8M, a 266% increase compared to previous year.
Average pay of disclosed executives at Credit Acceptance
Brett A. Roberts, Chief Executive Officer, received $8.7M in total, which increased by 603% compared to 2006. 91% of Roberts' compensation, or $7.9M, was in stock awards. Roberts also received $800K in salary.
Steven M. Jones, President, received a compensation package of $602K, which increased by 24% compared to previous year. 83% of the compensation package, or $500K, was in salary.
Kenneth S. Booth, Chief Financial Officer, earned $497K in 2007, a 46% increase compared to previous year.
Donald A. Foss, Chairman, received $476K in 2007, which is the same as previous year.
Michael W. Knoblauch, Senior Vice President — Loan Servicing, earned $474K in 2007, a 2% increase compared to previous year.
Michael P. Miotto, Chief Information Officer, received $314K in 2007, which increases by 1402% compared to 2006.
Related executives
Michael Knoblauch
Credit Acceptance
Senior Vice President — Loan Servicing
Donald Foss
Credit Acceptance
Chairman
Brett Roberts
Credit Acceptance
Chief Executive Officer
Steven Jones
Credit Acceptance
President
Kenneth Booth
Credit Acceptance
Chief Executive Officer
Michael Miotto
Credit Acceptance
Chief Information Officer
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Source: SEC filing on April 10, 2008.