Jeffrey J. Brown — Chief Executive Officer of Ally since February 2015
and a member of the Board since February 2015. Mr. Brown oversees all Ally strategy
and operations to focus on strengthening the core businesses, while positioning
the Company for long-term growth. Prior to being named Chief Executive Officer,
Mr. Brown was president and chief executive officer of Ally’s Dealer Financial
Services business since March 2014. In this role, he oversaw the Company’s
automotive finance, insurance and auto servicing operations. From June 2011
to March 2014, Mr. Brown served as senior executive vice president of Finance
and Corporate Planning. In that role, Mr. Brown oversaw the finance, treasury
and corporate strategy activities of the Company. He joined Ally in March 2009
as corporate treasurer with responsibility for global treasury activities, including
funding and balance sheet management. Prior to joining Ally, Mr. Brown was the
corporate treasurer for Bank of America, where he had responsibility for the
core treasury functions, including funding and managing interest rate risk.
Mr. Brown spent 10 years at Bank of America, beginning his career in finance
and later joining the Balance Sheet Management Division. During his tenure at
Bank of America, he also served as the bank’s deputy treasurer and oversaw
balance sheet management and the company’s corporate funding division.
He was also a member of the company’s Asset/Liability Management Committee.
Mr. Brown received a bachelor’s degree in economics from Clemson University
and an executive master’s degree in business from Queens University in
Charlotte. He serves on the Trevillian Cabinet of the College of Business and
Behavioral Sciences at Clemson University and is a Board of Trustees member
of Queens University of Charlotte.
Christopher Halmy — Chief Financial Officer of Ally since November 2013.
In this role, he is responsible for the oversight of the company’s financial
reporting, controls and analysis, accounting, and investor relations, as well
as treasury activities, including capital, funding and balance sheet management.
Prior to his current position, Halmy served as Ally’s corporate treasurer
since June 2011. He joined Ally in 2009 and previously served as structured
funding executive with responsibility for the strategy, planning, and execution
of securitizations and structured funding globally. In this role, he also was
responsible for bank relationships and compliance related to existing transactions
in the market. Prior to joining Ally, Halmy was the global funding executive
at Bank of America where he was responsible for funding and liquidity activities.
During his tenure at Bank of America, he also led the mortgage and automotive
securitization group. Prior to joining Bank of America in 1997, Halmy held treasury,
finance, and accounting positions at MBNA America, N.A., Merrill Lynch &
Co., JP Morgan & Co., and Deloitte & Touche. Halmy holds a bachelor’s
degree in accounting and a master’s degree in business administration
from Villanova University. In addition, he was an adjunct professor at Wesley
College from 1999 to 2006 and Queens University from 2011 to 2013. Halmy currently
serves on the board of advisors for the McColl School of Business at Queens
University. Halmy is also a certified public accountant.
Diane Morais — Chief Executive Officer and President of Ally Bank since
March 2015. In this role, Morais is responsible for the deposits franchise,
mortgage and corporate finance businesses, brand management, and digital strategy.
She also serves as the chair of the Ally Bank board of directors. Prior to her
current role, Morais was deposits and line of business integration executive
for Ally Bank. In this position, she was responsible for oversight for the deposit
business, ranging from marketing strategies, products and pricing, and the overall
customer experience for the bank. Morais joined Ally in 2008 as Deposits and
Product Innovation executive. Prior to joining Ally, Morais previously held
a variety of senior leadership positions during her twelve years at Bank of
America, serving as the deposit and debit products executive, national customer
experience executive, card services marketing, and consumer mortgage vendor
management executive. Morais also spent nine years at Citibank’s credit
card division in a variety of marketing, risk and finance roles. Morais holds
a bachelor’s degree from Pennsylvania State University.
William B. Solomon — Group Vice President and General Counsel of Ally
since 2004. Solomon is responsible for providing all legal services to Ally
through the oversight of outside counsel and a 63-member Legal Staff. He is
also responsible for the secretary’s office, the licensing department,
and the organization’s record and information management activity. Prior
to joining Ally, Solomon was an attorney and practice area manager for GM from
1988 to 1999, where he was responsible for commercial lending activities. He
also held the positions of general counsel for Vixen Motor Company from 1985
to 1988 and regional staff attorney at Ford Motor Credit Company from 1980 to
1985. Solomon received his bachelor’s degree in political science at the
University of Detroit in 1973 with honors and a master’s degree in political
science from McMaster University in Hamilton, Ontario in 1974 with honors. Solomon
received his juris doctorate from the University of Notre Dame in 1978. He has
also published three articles: Solomon and Mossburg: Co-Signer Requirements
Under the FTC Fair Credit Practices Rule, Summer 1982, Consumer Fin. L.Q. Rep.;
Solomon, Proposed Consumer Revision to Article 9 of the UCC, 1997 D.C.L. Law
Rev., 1087; and Solomon and Nemeroff, Corporate Secretarial, Chapter 46A, Haig
3, Successful Partnering Between Inside and Outside Counsel (ACC 2014). Solomon
is a member of the Michigan Bar and American Bar Associations.
David DeBrunner — Vice President, Chief Accounting Officer, and Controller
of Ally since September 2007. In this role, DeBrunner is responsible for all
accounting, tax, regulatory reporting, internal controls, finance shared services
and strategic sourcing services for Ally. DeBrunner joined Ally from Fifth Third
Bancorp (Fifth Third) where he was senior vice president, corporate controller,
and chief accounting officer from January 2002 to August 2007. Prior to that
position, he served as the chief financial officer for the commercial division
of Fifth Third. DeBrunner joined Fifth Third in 1992 and held various financial
leadership positions throughout the company. Prior to his time at Fifth Third,
he held positions at Deloitte and Touche LLP in the Chicago and Cincinnati offices.
DeBrunner earned a bachelors of science in accounting from Indiana University
and is a member of the American Institute of Certified Public Accountants and
the Ohio Society of Certified Public Accountants.
David Shevsky — Chief Risk Officer of Ally since December 2015. In this
role, Shevsky has overall responsibility for the risk framework, processes and
oversight for the company, including achieving an appropriate balance between
risk and return, mitigating unnecessary risk and protecting the company’s
financial returns. Prior to his current role, Shevsky served as the chief risk
officer for Ally Bank beginning in November 2011. Shevsky joined Ally Financial
in 1986 with a series of positions supporting the auto finance operation from
a credit analysis and risk perspective. During his career, he supported both
the domestic and international auto finance operations. He became a senior vice
president of enterprise risk for the company in 2004. In this role, Shevsky
began to take a company-wide view of commercial credit risk and capital management.
In 2006, he played a key role in establishing a more robust risk management
function, and in 2008, he was responsible for establishing a loan review function,
which he did until becoming the chief risk officer for Ally Bank in 2011. Prior
to joining Ally, Shevsky served in the United States Air Force from 1979 until
1984.
Ally Financial Inc currently has 10300 employees.
News about Ally Financial Inc Key Personnel |
CHARLOTTE, N.C., March 27, 2024 - Ally Financial Inc. (NYSE: ALLY) has officially announced the appointment of Michael G. Rhodes as its new Chief Executive Officer. Rhodes, who brings over twenty years of experience in consumer banking, is expected to steer Ally Financial toward continued success and evolution in the industry.
The announcement comes at a time when Ally Financial Inc. has reported a return on average invested assets (ROI) of 0.46% for the fourth quarter of 2023. However, this figure falls below the company s average return on investment, which stands at 3.49%. The decline in net income has been cited as the reason for the decrease in ROI compared to the previous period ending Septemb...
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