---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-265684"
form_type: "8-K"
ticker: "ALLY"
cik: "0000040729"
company_name: "Ally Financial Inc."
filed_at: "2024-11-26T23:59:59+00:00"
generated_at: "2026-05-29T18:17:39.713883+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001193125-24-265684
- form_type: 8-K
- ticker: ALLY
- cik: 0000040729
- company_name: Ally Financial Inc.
- filed_at: 2024-11-26T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/40729/000119312524265684/0001193125-24-265684-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/40729/000119312524265684/d879923d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-265684
- JSON: https://secwatch.observer/filing/0001193125-24-265684.json
- Plain text: https://secwatch.observer/filing/0001193125-24-265684.txt

## Key facts
- Executive change
  Stephanie N. Richard was appointed as Chief Risk Officer at Ally Financial Inc..
  - Action: appointed
  - Role: Chief Risk Officer
  source text: Stephanie N. Richard was appointed Chief Risk Officer effective that same time.
  evidence_url: https://www.sec.gov/Archives/edgar/data/40729/000119312524265684/0001193125-24-265684-index.htm
- Executive change
  Jason E. Schugel changed role as Senior Operating Adviser at Ally Financial Inc..
  - Action: transitioned
  - Role: Senior Operating Adviser
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/40729/000119312524265684/0001193125-24-265684-index.htm

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