Company: CPSS
Filing Date: 2025-03-12
Form Type: 10-K
Source: 0001683168-25-001548
Chunk: 1055

Company: CONSUMER PORTFOLIO SERVICES, INC.
Filing Date: 2025-03-12
Form: 10-K
Item: Item 6
Chunk 1055
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OSO) in the 2013 Internal Control — Integrated Framework. Based on this assessment, management, with the
participation of the Chief Executive and Chief Financial Officers, believes that, as of December 31, 2024, our internal control over financial
reporting is effective based on those criteria.

Our internal control over
financial reporting as of December 31, 2024, has been audited by Crowe LLP, an independent registered public accounting firm, as stated
in their report which is included herein.

 50 

Item 9B. Other Information

During the quarter ended December 31, 2024, no
director or officer adopted or terminated any Rule 10b5-1 trading arrangement or non-Rule 10b5-1 trading arrangement, as each term is
defined in Item 408(a) of Regulation S-K.

Item 9C. Disclosure Regarding Foreign Jurisdictions That Prevent
Inspections

Not Applicable.

 51 

PART III

Item 10. Directors, Executive Officers and Corporate Governance.

Directors

The names of the Company’s directors, their principal occupations,
and certain other information regarding them are set forth below.

Charles E. Bradley, Jr., 65, has been the
Company’s Chief Executive Officer since January 1992, a director since the Company’s formation in March 1991, and was elected
Chairman of the Board in July 2001. Prior to that he was President of the Company from March 1991 to December 2022. From April 1989 to
November 1990, he served as Chief Operating Officer of Barnard and Company, a private investment firm. From September 1987 to March 1989,
Mr. Bradley was an associate of The Harding Group, a private investment banking firm. Having been with the Company since its inception,
Mr. Bradley brings comprehensive knowledge of the Company’s business, structure, history and culture to the Board and the Chairman
position.

Stephen H. Deckoff, 59, has been a director
of the Company since August 2022. Mr. Deckoff has been the Managing Principal of Black Diamond, Capital Management, L.L.C., (“Black
Diamond”), a privately held alternative asset management firm, since its founding in 1995. In that capacity, he is responsible
for all portfolio management and business operations. Prior to 1995, Mr. Deckoff was a Senior Vice President of Kidder,