Credit Acceptance Elects Sean Quinn to its Board of Directors
30 Ottobre 2023 - 9:01PM
Credit Acceptance Corporation (Nasdaq: CACC) (referred to as the
“Company”, “Credit Acceptance”, “we”, “our”, or “us”) today
announced the election of Sean Quinn to its Board of Directors,
effective October 27, 2023.
Quinn has been Chief Financial Officer of
Cimpress plc (Nasdaq: CMPR) since 2015. Cimpress takes a long-term
approach to maximizing the intrinsic value of its
mass-customization businesses including VistaPrint, which produce
small orders of custom products that have the reliability, quality,
and affordability of mass-produced goods.
“Sean shares Credit Acceptance’s commitment to
maximizing intrinsic value per share over the long term,” said
Credit Acceptance Chair of the Board, Thomas Tryforos. “His intense
focus on and experience delivering exceptional customer
experiences, creating environments where employees are empowered to
make a meaningful impact, and optimizing Economic Profit per share
are an excellent fit with Credit Acceptance’s priorities.”
Currently, Quinn has responsibility for
Cimpress’s finance functions including investor relations,
financial planning and analysis, tax, treasury, accounting and
control, and internal audit. He also oversees the legal,
communications, procurement, and human resources functions. Because
of these areas of expertise, Quinn will also serve on Credit
Acceptance’s Audit and Executive Compensation Committees.
“Credit Acceptance makes it possible for any
individual, regardless of their credit, to buy a car from a
dealer,” said Quinn. “I am excited to leverage my experience to
help the Company continue to fulfill this important mission and
deliver exceptional value to customers, dealers, and
shareholders.”
Quinn has served in steadily ascending roles at
Cimpress for more than a decade and has been instrumental in
scaling the company’s financial infrastructure and capital
structure to support growth, significant investment decisions, and
acquisition activity.
Prior to joining Cimpress in 2009, Quinn was a
certified public accountant at KPMG in Philadelphia, London, and
Boston. He holds a bachelor’s degree in Accounting from Saint
Joseph’s University (USA).
Description of Credit Acceptance
Corporation
Since 1972, Credit Acceptance has offered
financing programs that enable automobile dealers to sell vehicles
to consumers, regardless of their credit history. Our financing
programs are offered through a nationwide network of automobile
dealers who benefit from sales of vehicles to consumers who
otherwise could not obtain financing; from repeat and referral
sales generated by these same customers; and from sales to
customers responding to advertisements for our financing programs,
but who actually end up qualifying for traditional financing.
Without our financing programs, consumers are
often unable to purchase vehicles, or they purchase unreliable
ones. Further, as we report to the three national credit reporting
agencies, an important ancillary benefit of our programs is that we
provide consumers with an opportunity to improve their lives by
improving their credit score and move on to more traditional
sources of financing. Credit Acceptance is publicly traded on the
Nasdaq Stock Market under the symbol CACC. For more information,
visit creditacceptance.com.
Investor Relations: Douglas W. Busk
Chief Treasury Officer
(248) 353-2700 Ext. 4432
IR@creditacceptance.com
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