---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-010239"
form_type: "8-K"
ticker: "ALLY"
cik: "0000040729"
company_name: "Ally Financial Inc."
filed_at: "2024-01-18T23:59:59+00:00"
generated_at: "2026-06-06T22:11:33.063509+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Ally appoints Doug Timmerman as interim CEO effective Feb 1, 2024

## Summary
- Doug Timmerman, president of dealer financial services, named interim CEO starting Feb 1, 2024.
- Current CEO Jeffrey J. Brown departs on Jan 31, 2024; Brown announced planned step-down in Oct 2023.
- Timmerman has 30-plus years at Ally, most recently leading relationship with 22,000 dealer customers.
- Board is working with a leading search firm to identify a permanent CEO.
- Timmerman will also serve as interim CEO of Ally Bank.

## SEC filing metadata
- accession: 0001193125-24-010239
- form_type: 8-K
- ticker: ALLY
- cik: 0000040729
- company_name: Ally Financial Inc.
- filed_at: 2024-01-18T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/40729/000119312524010239/0001193125-24-010239-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/40729/000119312524010239/d650548d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-010239
- JSON: https://secwatch.observer/filing/0001193125-24-010239.json
- Plain text: https://secwatch.observer/filing/0001193125-24-010239.txt

## Key facts
- Executive change
  Douglas R. Timmerman was appointed as Interim Chief Executive Officer at Ally Financial Inc..
  - Action: appointed
  - Role: Interim Chief Executive Officer
  source text: On January 11, 2024, the Ally Financial Inc. Board of Directors appointed Douglas R. Timmerman as Interim Chief Executive Officer ( CEO ) effective as of February 1, 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/40729/000119312524010239/0001193125-24-010239-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.