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Southfield, Michigan, Oct. 31, 2022 (GLOBE NEWSWIRE) — Credit score Acceptance Company (Nasdaq: CACC) (known as the “Firm”, “Credit score Acceptance”, “we”, “our”, or “us”) introduced in the present day that Ravi Mohan joined our senior management crew as Chief Expertise Officer on October 24, 2022. 

In his position, Ravi shall be chargeable for the applied sciences that assist our crew members, sellers, and shoppers—driving the profitable implementation of applied sciences that develop the enterprise, in addition to offering providers and merchandise that assist us meet our strategic Firm targets.

Ravi most not too long ago served as Senior Vice President of Engineering and CIO at Datto, Inc. At Datto, Ravi was chargeable for main all Digital Expertise, Expertise and Integration platforms and driving the enterprise-wide precedence and roadmap. He additionally led inside IT and all worker expertise platforms and instruments.

Earlier than Datto, Ravi served as Vice President, SaaS Cloud Engineering at Oracle and Head of Cloud Engineering Ops at Adobe. Whereas at Oracle, Ravi led the marquee enterprise software, Fusion, to the cloud, in addition to carried out large-scale initiatives spanning a number of groups and driving a customer-first mindset. At Adobe, Ravi led a fast-growing, high-performing crew and managed Adobe’s public cloud (AWS, Azure), one of many largest public cloud implementations within the business, in addition to driving environment friendly utilization of cloud, saving tens of millions for Adobe. Ravi obtained his Bachelor of Engineering from the Nationwide Institute of Expertise.

“I’m excited to have Ravi be part of our senior management crew,” mentioned Ken Sales space, Chief Govt Officer. “He brings a deep and strategic set of data and expertise to an already superb crew, and collectively I imagine we’ll proceed transferring towards attaining our targets.”

“I used to be interested in Credit score Acceptance’s nice tradition, experience, and its confirmed position in serving to make constructive modifications to the lives of its clients,” mentioned Ravi Mohan. “In in the present day’s turbulent monetary surroundings, Credit score Acceptance’s deep experience and relationships, when coupled with using trendy applied sciences, open up excessive impression alternatives. I’m thrilled to be at Credit score Acceptance to serve in that journey.”

Description of Credit score Acceptance Company

Since 1972, Credit score Acceptance has provided financing packages that allow vehicle sellers to promote automobiles to shoppers, no matter their credit score historical past.  Our financing packages are provided by means of a nationwide community of vehicle sellers who profit from gross sales of automobiles to shoppers who in any other case couldn’t get hold of financing; from repeat and referral gross sales generated by these similar clients; and from gross sales to clients responding to commercials for our financing packages, however who truly find yourself qualifying for conventional financing.

With out our financing packages, shoppers are sometimes unable to buy automobiles or they buy unreliable ones.  Additional, as we report back to the three nationwide credit score reporting businesses, an vital ancillary good thing about our packages is that we offer shoppers with a possibility to enhance their lives by enhancing their credit score rating and transfer on to extra conventional sources of financing.  Credit score Acceptance is publicly traded on the Nasdaq Inventory Market underneath the image CACC.  For extra info, go to creditacceptance.com.

Investor Relations: Douglas W. Busk Chief Treasury Officer (248) 353-2700 Ext. 4432 IR@creditacceptance.com

Copyright 2022 GlobeNewswire, Inc.

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