DETROIT, (June 3, 2011) -- Ally Financial Inc. (Ally) today announced the following management appointments, which are designed to fully leverage the senior leadership capability within the company as Ally continues its transformation. The following appointments are effective immediately.
Jeffrey Brown, 38, formerly Ally's corporate treasurer, has been named to the newly created position of senior executive vice president of Finance and Corporate Planning. In this role, Brown reports to Ally Chief Executive Officer Michael A. Carpenter and has oversight of the finance, treasury and corporate strategy activities for the company.
James Mackey, 43, has been named as chief financial officer from his former role as interim CFO and reports to Brown. Mackey has responsibility for Ally's financial planning and analysis, accounting, investor relations and business planning.
Christopher Halmy, 42, formerly Ally's structured funding executive, has been named corporate treasurer. In this role, he will report to Brown and have responsibility for global treasury activities, including funding and balance sheet management.
Corey Pinkston, 44, will continue to lead Ally's strategic financing activities, reporting to Carpenter, including the process surrounding the proposed initial public offering and the company's plans to repay the U.S. taxpayer's investment.
"One of Ally's key strengths over the past several years has been the dedication and capability of its management team, and I'm pleased to announce these new appointments," said Carpenter. "Each of these leaders has made significant contributions toward Ally's success, and more closely connecting these disciplines will enable the longer-term strategic planning that will be critical as we continue to grow the company."
In addition to the above appointments, Ally also announced that William Muir, president and head of the company's Global Automotive Services operation, has postponed his previously announced retirement and will remain with the company indefinitely.
"Bill has been a key part of Ally's success in the auto finance business, and I'm delighted he has decided to remain with the company during this important time," Carpenter said.