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CAC’s Ken Booth to retire, new CEO named 

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

Amanda Harris

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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