asset acceptance capital
(AACC:Consolidated Issue Listed on Nasdaq Glbl Slct Mrkt)

Executive Profile*

Background*

Mr. Reid E. Simpson has been Chief Financial Officer and Principal Accounting Officer of Asset Acceptance Capital Corp. since May 17, 2010. Mr. Simpson has been Treasurer and Assistant Secretary at Asset Acceptance Capital Corp. since May, 2010 and served as its Senior Vice President of Finance. From November 2007 to April 2010, Mr. Simpson served as an Executive Vice President and Chief Financial Officer of Aircell LLC. He served as Senior Vice President of Gogo LLC ... (formerly AirCell, Inc., Aircell LLC) and was responsible for Aircell's financial strategy and operations, optimizing the Aircell's capital structure based upon business plans and needs, as well as ensuring a strong finance organization and a strong control and compliance environment. He served as Chief Financial Officer at Gogo Inc. until May 2010. He has more than twenty-seven years of business and financial experience for both public and private companies. Mr. Simpson served as the Chief Financial Officer of eCollege.com from May 3, 2004 to July 2007. Mr. Simpson served as an Executive Vice President of eCollege since April 2004. Mr. Simpson joined CCC Information Services Group Inc. in September 1999 and served as an Executive Vice President and Chief Financial Officer from September 1999 to April 30, 2004. While at CCC, he played a key role in streamlining its business and cost structure and increasing the financial market's awareness of CCC, resulting in record revenues and profits, and increased market value. Prior to CCC Information Services Group Inc., he served as the Chief Financial Officer of The Signature Group from October 1998 to September 1999. From 1997 to 1998, Mr. Simpson served as Senior Vice President of Finance and Administration and Chief Financial Officer of Delphi Information Systems, Inc. From 1993 to 1997, Mr. Simpson served as Vice President of Finance and Chief Financial Officer of DonTech. Mr. Simpson spent 16 years from 1981 to 1997, with Dun & Bradstreet Corporation where he held a number of senior finance positions, including Chief Financial Officer for three of its businesses: Dun & Bradstreet Plan Services from 1988 to 1991, Nielsen Marketing Research from 1991 to 1993 and DonTech from 1993 to 1997. Mr. Simpson holds a Bachelor of Science degree in Accounting from Michigan State University.

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AACC:US	$6.63 USD	-0.02

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