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Home » CAC’s Ken Booth to retire, new CEO named 

CAC’s Ken Booth to retire, new CEO named 

Vinayak R. Hegde will be the lender’s next chief executive 

Amanda HarrisbyAmanda Harris
October 28, 2025
in Management
Reading Time: 2 mins read
0
Cars on a busy highway

© Can Stock Photo / Paha_L

Credit Acceptance Corp. today named a new chief executive and president to replace the retiring Kenneth Booth.   The auto lender’s board of directors appointed Vinayak R. Hegde CEO, effective Nov. 13. Booth will transition on that date to executive board member and plans to retire on Jan. 31, 2026, according to a company release.   Hegde […]

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