ALLY - Ally Financial Inc.

NYSE - Nasdaq Real Time Price. Currency in USD

Ally Financial Inc.

Ally Detroit Center
Floor 10 500 Woodward Avenue
Detroit, MI 48226
United States
866-710-4623
http://www.ally.com

SectorFinancial Services
IndustrySpecialty Finance
Full Time Employees8,200

Key Executives

NameTitlePayExercisedYear Born
Mr. Jeffrey J. BrownCEO & Director4.04MN/A1973
Ms. Jennifer A. LaClairChief Financial Officer1.83MN/A1972
Mr. Scott A. StengelGen. Counsel1.09MN/A1972
Mr. Douglas R. TimmermanPres of Auto Fin.1.21MN/A1963
Ms. Diane E. MoraisPres of Consumer & Commercial Banking Products1.78MN/A1966
Amounts are as of December 31, 2018 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Ally Financial Inc. provides various financial products and services to consumers, businesses, automotive dealers, and corporate customers primarily in the United States and Canada. It operates through Automotive Finance Operations, Insurance Operations, Mortgage Finance Operations, and Corporate Finance Operations segments. 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, other lines of credit to dealers, warehouse lines to automotive retailers, and fleet financing. It also offers financing services to companies and municipalities for the purchase or lease of vehicles, and vehicle-remarketing services. The Insurance Operations segment provides consumer finance protection and insurance products through the automotive dealer channel, and commercial insurance products directly to dealers. The Mortgage Finance Operations segment manages held-for-investment consumer mortgage finance 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 offers senior secured leveraged cash flow and asset-based loans to middle market companies. It primarily focuses on businesses owned by private equity sponsors with loans used for leveraged buyouts, mergers and acquisitions, debt refinancing, restructurings, and working capital. The company, through its subsidiary, Ally Bank, also provides commercial banking products and services. In addition, it offers digital 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 headquartered in Detroit, Michigan.

Corporate Governance

Ally Financial Inc.’s ISS Governance QualityScore as of June 25, 2019 is 1. The pillar scores are Audit: 1; Board: 1; Shareholder Rights: 2; Compensation: 4.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.