Credit Acceptance Corporation (CACC) announced on July 20 that its Chief Technology Officer, Ravi Mohan, and the company mutually agreed he would resign effective August 14, 2026, and leave the company on October 25, 2026. As part of the separation, Mohan is expected to sign a consulting agreement that entitles him to a monthly fee of $64,375 from August through mid-February 2027 and allows him to keep equity awards that would have vested on October 24, 2026.
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