Ally Financial Inc (ALLY)

42.88 +0.58 (+1.37%)
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43.00 +0.12 (+0.28%)

Ally Financial Inc Company Profile

Industry
Banking Services
Sector
Financial
Employees
11600
Equity Type
ORD
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 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 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.
Contact Information
Address
500 Woodward Avenue Detroit,48226 United States
Phone
866 710 4623
Fax
-
Top Executives
Name
Age
Since
Title
Franklin Warren Hobbs 75 2009 Independent Non-Executive Chairman of the Board
Brian H. Sharples 62 2018 Independent Director
Kim Samuel Fennebresque 74 2009 Independent Director
Mayree Carroll Clark 67 2009 Independent Director
Marjorie Magner 75 2010 Independent Director
Kenneth J. Bacon 69 2015 Independent Director
William Harvey Cary 65 2016 Independent Director
Brian H. Sharples 64 2018 Independent Director
Thomas P. Gibbons 67 2023 Independent Director
Melissa Goldman 52 2022 Independent Director
David Reilly 60 2022 Independent Director
Michael G. Rhodes 58 2024 CEO & Director
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