With his career spanning more than three decades, Ally Financial has announced that industry veteran Douglas Timmerman, President of Dealer Financial Services, will be appointed as the company's interim CEO on February 1, following the departure of sitting CEO Jeffrey J. Brown.
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Ally Financial’s Jeffrey Brown to Step Down as CEO
After 14 years at Ally, and having served as CEO since 2015, Jeffrey Brown will remain with the bank through early 2024 before joining Hendrick Automotive Group as President.
Read More »Last Chance to Register: The State of Construction Lending Webinar
On Thursday, the Five Star Institute will partner with Granite Risk Management to present a webinar featuring panel of capital and risk management service providers discussing current trends and the future of the business.
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