ALLY - Ally Financial Inc.
About Ally Financial Inc. (https://www.ally.com)
Ally Financial Inc., a digital financial-services company, provides various digital financial products and services to consumer, commercial, and corporate customers primarily in the United States and Canada. It operates through four segments: Automotive Finance Operations, Insurance Operations, Mortgage Finance Operations, and Corporate Finance Operations. The Automotive Finance Operations segment offers automotive financing services, including providing retail installment sales contracts, loans and operating leases, term loans to dealers, financing dealer floorplans and other lines of credit to dealers, warehouse lines to automotive retailers, and fleet financing. It also provides financing services to companies and municipalities for the purchase or lease of vehicles, and vehicle-remarketing services. The Insurance Operations segment offers consumer finance protection and insurance products through the automotive dealer channel, and commercial insurance products directly to dealers. This segment provides vehicle service and maintenance contract, and guaranteed asset protection products; and underwrites commercial insurance coverages, which primarily insure dealers' vehicle inventory. The Mortgage Finance Operations segment manages consumer mortgage loan portfolio that includes bulk purchases of jumbo and low-to-moderate income mortgage loans originated by third parties, as well as direct-to-consumer mortgage offerings. The Corporate Finance Operations segment provides senior secured leveraged cash flow and asset-based loans to middle market companies; leveraged loans; and commercial real estate product to serve companies in the healthcare industry. The company also offers commercial banking products and services. In addition, it provides securities brokerage and investment advisory services. The company was formerly known as GMAC Inc. and changed its name to Ally Financial Inc. in May 2010. Ally Financial Inc. was founded in 1919 and is based in Detroit, Michigan.
Key Executives
| NAME | TITLE | DOB | SALARY |
|---|---|---|---|
| Michael G. Rhodes | Chief Executive Officer & Director | 1966 | $5,567,139 USD |
| Hope D. Mehlman | Chief Legal & Corporate Affairs Officer and Corporate Secretary | 1965 | $3,951,021 USD |
| Douglas R. Timmerman | President of Dealer Financial Services | 1963 | $3,133,022 USD |
| Russell Hutchinson | Chief Financial Officer | 1975 | $2,957,046 USD |
| William C. Hall Jr. | President of Corporate Finance | 1960 | $2,259,290 USD |
| Stephanie Richard | Chief Risk Officer | 1973 | $1,773,986 USD |
| Andrea C. Brimmer | Chief Marketing & Public Relations Officer | 1967 | – |
| Austin T. McGrath | Vice President, Corporate Controller & Chief Accounting Officer | 1983 | – |
| Daniel Eller | Head of Deposits, Sales & Onboarding | – | – |
| Daniel Soto | Chief Compliance Officer | – | – |
| Reggie Willis | Chief Diversity Officer | – | – |
| Sean Leary | Chief Financial Planning & Investor Relations Officer | – | – |
| Spencer Cremers | Chief Information Security Officer, Interim Chief Information & Data Officer | – | – |