Ally Financial CFO Jennifer LaClair departs; Bradley Brown named interim CFO

Ally Financial Inc.

Jennifer LaClair departs as CFO effective Oct 18, 2022; transitions to Senior Operating Adviser.
Bradley J. Brown appointed interim CFO; served as Corporate Treasurer since 2013.
LaClair receives base salary ($750k) and minimum $3.75M 2022 incentive, plus $750k severance.
Unvested time-based and performance-based equity awards to fully vest upon transition end (March 3, 2023).
LaClair will assist with CFO responsibilities transition until March 3, 2023.

item 5.02 item 9.01

Executive movements

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Appointed (interim)

Bradley J. Brown

Interim Chief Financial Officer

ALLY · Ally Financial Inc.

Effective: 2022-10-18
Filed: October 18, 2022, 7:59 PM ET

Bradley J. Brown has been appointed Interim Chief Financial Officer and an officer under Section 16 of the Securities Exchange Act of 1934 effective that same time.

Departed

Jennifer A. LaClair

Chief Financial Officer

ALLY · Ally Financial Inc.

Effective: 2022-10-18
Successor: Bradley J. Brown
Filed: October 18, 2022, 7:59 PM ET

Jennifer A. LaClair has departed from her position as Chief Financial Officer of Ally Financial Inc. (Ally) effective October 18, 2022, and transitioned into the role of Senior Operating Adviser.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 1.0

Bradley J. Brown was appointed as Interim Chief Financial Officer at Ally Financial Inc..

Action: appointed
Role: Interim Chief Financial Officer

Exact text from the filing

Bradley J. Brown has been appointed Interim Chief Financial Officer and an officer under Section 16 of the Securities Exchange Act of 1934 effective that same time.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 1.0

Jennifer A. LaClair departed as Chief Financial Officer at Ally Financial Inc..

Action: departed
Role: Chief Financial Officer

Exact text from the filing

Jennifer A. LaClair has departed from her position as Chief Financial Officer of Ally Financial Inc. (Ally) effective October 18, 2022, and transitioned into the role of Senior Operating Adviser.

View on SEC.gov

Ally Financial Inc. filing history →

Source: SEC EDGAR

accession 0001193125-22-264156

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