UPDATE 1-AmeriCredit profit falls, management reshuffled

Newswire

(Adds details) NEW YORK, April 23 (Reuters) - AmeriCredit Corp. , which sells car loans to people with poor credit, on Wednesday said President and Chief Executive Officer Michael Barrington had stepped down, as the firm reported sharply lower profits for its third quarter after a large restructuring charge. Chairman Clifton Morris will add the title of chief executive, while Barrington will continue to serve on the company's board, AmeriCredit said. The Fort Worth, Texas-based lender ...

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