Company Description
Ally Financial Inc., a digital financial-services company, provides various digital financial products and services in the United States, Canada, and Bermuda.
The company operates through Automotive Finance Operations, Insurance Operations, Corporate Finance Operations, and Corporate and Other segments.
It 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 to consumers, automotive dealers and retailers, companies, and municipalities; and financing services to companies and municipalities for the purchase or lease of vehicles, and vehicle-remarketing services.
The company also provides consumer finance protection and insurance products through the automotive dealer channel, and commercial insurance products directly to dealers; VSCs, VMCs, and GAP products; and underwrite select commercial insurance coverages, which primarily insure dealers’ vehicle inventory.
In addition, it provides senior secured asset-based and leveraged cash flow loans to middle-market companies; leveraged loans; commercial real estate product to serve companies in the nursing facilities, senior housing, and medical office buildings; and treasury activities, such as management of the cash and corporate investment securities and loan portfolios, short- and long-term debt, retail and brokered deposit liabilities, derivative instruments, original issue discount, and equity investments.
Further, the company offers commercial banking products and services; and 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.
| Country | United States |
| Founded | 1919 |
| IPO Date | Jan 28, 2014 |
| Industry | Credit Services |
| Sector | Financials |
| Employees | 10,700 |
| CEO | Michael Rhodes |
Contact Details
Address: Ally Detroit Center, Floor 10 Detroit, Michigan 48226 United States | |
| Phone | 866 710 4623 |
| Website | ally.com |
Stock Details
| Ticker Symbol | ALLY |
| Exchange | NYSE |
| Stock Type | Common Stock |
| Fiscal Year | January - December |
| Reporting Currency | USD |
| CIK Code | 0000040729 |
| CUSIP Number | 02005N100 |
| ISIN Number | US02005N1000 |
| Employer ID | 38-0572512 |
| SIC Code | 6022 |
Key Executives
| Name | Position |
|---|---|
| Michael G. Rhodes | Chief Executive Officer and Director |
| Russell E . Hutchinson | Chief Financial Officer |
| Douglas R. Timmerman | President of Dealer Financial Services |
| Bradley J. Brown | Corporate Treasurer |
| David J. DeBrunner | Vice President, Corporate Controller and Chief Accounting Officer |
| Sathish Muthukrishnan | Chief Information, Data and Digital Officer |
| Sean Leary | Chief Financial Planning and Investor Relations Officer |
| Daniel Soto | Chief Compliance Officer |
| Hope D. Mehlman | Chief Legal and Corporate Affairs Officer |
| Andrea C. Brimmer | Chief Marketing and Public Relations Officer |
Latest SEC Filings
| Date | Type | Title |
|---|---|---|
| Mar 21, 2025 | ARS | Filing |
| Mar 21, 2025 | DEFA14A | Additional definitive proxy soliciting materials and Rule 14(a)(12) material |
| Mar 21, 2025 | DEF 14A | Other definitive proxy statements |
| Mar 20, 2025 | 11-K | Annual report of employee stock purchase, savings and similar plans |
| Mar 4, 2025 | 8-K | Current Report |
| Feb 19, 2025 | 10-K | Annual Report |
| Feb 18, 2025 | 424B2 | Prospectus |
| Feb 13, 2025 | 13F-HR | Quarterly report filed by institutional managers, holdings |
| Feb 10, 2025 | 424B2 | Prospectus |
| Feb 10, 2025 | 424B2 | Prospectus |