Ally Financial appoints Stephanie Richard as CRO; Schugel transitions to adviser, to depart by March 2025

Ally Financial Inc.

Jason Schugel stepped down as CRO effective Nov 20, 2024; appointed Senior Operating Adviser until March 31, 2025 departure.
Stephanie Richard appointed as new Chief Risk Officer effective same date.
Schugel receives $700k lump sum, up to $20k outplacement; 2024 incentive at least 80% of $1.85M target (40% cash, 60% RSUs).
Unvested time-based equity awards fully vest on departure; performance-vesting awards vest subject to proration above target.
Schugel remains eligible for base salary ($650k/yr) and benefits during advisory period.

item 5.02 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Appointed

Stephanie N. Richard

Chief Risk Officer

ALLY · Ally Financial Inc.

Effective: 2024-11-20
Filed: November 26, 2024, 6:59 PM ET

Stephanie N. Richard was appointed Chief Risk Officer effective that same time.

Role change

Jason E. Schugel

Senior Operating Adviser

ALLY · Ally Financial Inc.

Effective: 2024-11-20
Successor: Stephanie N. Richard
Filed: November 26, 2024, 6:59 PM ET

Jason E. Schugel transitioned from his position as Chief Risk Officer of Ally Financial Inc. (Ally) effective November 20, 2024, and 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

Stephanie N. Richard was appointed as Chief Risk Officer at Ally Financial Inc..

Action: appointed
Role: Chief Risk Officer

Exact text from the filing

Stephanie N. Richard was appointed Chief Risk Officer effective that same time.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 1.0

Jason E. Schugel changed role as Senior Operating Adviser at Ally Financial Inc..

Action: transitioned
Role: Senior Operating Adviser

Exact text from the filing

Jason E. Schugel transitioned from his position as Chief Risk Officer of Ally Financial Inc. (Ally) effective November 20, 2024, and into the role of Senior Operating Adviser.

View on SEC.gov

Ally Financial Inc. filing history →

Source: SEC EDGAR

accession 0001193125-24-265684

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