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Douglas Timmerman, the company's president of dealer financial services, will step in when Jeffrey Brown departs at the end of January. Ally continues its hunt for a permanent CEO.
January 12 -
Mike Weinbach, a former Wells Fargo and JPMorgan leader, will replace president Chris Marshall who's expected to retire at the end of this year.
January 9 -
The appointment of Lynne Biggio Herndon as chief credit officer marks the final step in the Phoenix-based bank's leadership reorganization.
January 5 -
Two frontrunners have emerged as possible successors to the long-serving CEO, but even more potential candidates wait in the wings.
December 18 -
Scott Stengel, who has been Ally's general counsel since 2016, will succeed Ellen Fitzsimmons, who is retiring after four years as head of legal affairs at Truist.
December 13 -
The change comes over massive overhaul as the mega bank seeks to build divison under Sieg.
December 12 -
Wiggan is taking the place of Ray Chun, who will run the Canadian personal banking division.
December 12 -
Morais, who leads the auto lender's consumer and commercial banking divisions, is preparing to leave as Ally Financial conducts a search for its next chief executive officer. She had been seen as a potential candidate to replace outgoing CEO Jeffrey Brown.
November 29 -
A group of about 10 bankers reportedly is departing Citi for Jefferies.
November 28 -
The pressures and frustrations of daily work lose some of their ability to aggravate when you consider how much real choice you have in the matter.
November 28