Ally Financial Inc. CEO Michael Carpenter has joined the board of directors of Autobytel Inc., an online auto shopping service and lead provider.
Carpenter also will become a member of the company's audit committee, Autobytel said in a statement.
Before joining Ally, Carpenter was chairman and CEO of Citigroup Alternative Investments. He founded Southgate Alternative Investments in 2007.
Ally is the former GMAC Financial Services Inc., General Motors' captive finance unit. In 2006, GM sold 51 percent of GMAC to an investment group led by Cerberus Capital Management. In 2009, GMAC was bailed out by the U.S. government with about $17 billion in taxpayer funds. In 2010, GMAC changed its name to Ally Financial.