Credit Acceptance Corporation Reports Resignation of Matt Hilzinger.Business Editors SOUTHFIELD, Mich.--(BUSINESS WIRE)--Dec. 12, 2001 Credit Acceptance Corporation (Nasdaq:CACC CACC Center for Animal Care and Control CACC Canadian Association for Community Care CACC Central Alabama Community College CACC Chilterns Association of Camera Clubs (United Kingdom) ) reported today that Matt Hilzinger has resigned from his position as Executive Vice President and Chief Financial Officer for personal reasons. Doug Busk busk intr.v. busked, busk·ing, busks To play music or perform entertainment in a public place, usually while soliciting money. , the Company's former Chief Financial Officer and current Treasurer, will replace Mr. Hilzinger. The Company will release 2001 audited financial results in late January and expects 2001 full year earnings to be in the range of $.68-$.69 per share. Credit Acceptance is a financial services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. company specializing in products and services for a network of automobile dealer-partners in North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. and Europe. Credit Acceptance provides its dealer-partners with financing sources for consumers with limited access to credit and delivers credit approvals instantly through the Internet. Other dealer-partner services include marketing, sales training and a wholesale purchasing cooperative purchasing cooperative, n a group of dental professionals pooling their financial resources to purchase large quantities of supplies and equipment for the purpose of obtaining a discount. . Through its financing program, Credit Acceptance helps consumers change their lives by providing them an opportunity to strengthen and reestablish their credit standing by making timely monthly payments. Credit Acceptance is publicly traded on NASDAQ under the symbol CACC. For more information, visit www.creditacceptance.com. |
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