Douglas Timmerman - Ally Financial President of Dealer Financial Services

ALLY Stock  USD 37.19  1.66  4.67%   

President

Mr. Douglas R. Timmerman is President of Auto Finance of the company. In this role, Mr. Timmerman is responsible for developing strategy and driving performance for the companys automotive business, which offers a full suite of innovative automotive finance products and services. He is also charged with leading the effort to diversify and expand the companys dealer network and drive digital innovation. Previously, Mr. Timmerman had been the president of Ally Insurance since 2014. Mr. Timmerman had responsibility for all insurance operations, which included consumer products such as vehicle service contracts, maintenance contracts, and GAP coverage, as well as commercial property and casualty products for dealers. Mr. Timmermans thirtyone years at Ally, spanning leadership positions across the automotive finance and insurance business, make his understanding of this dynamic industry unparalleled. Prior to leading the insurance business, Mr. Timmerman was Vice President of Automotive Finance for the southeast region in Atlanta. In that capacity, he was responsible for sales, risk management, and portfolio management for more than 4, 000 dealer relationships across 11 states. Since joining Ally in 1986, he has held a variety of leadership roles in different areas including commercial lending, consumer lending, collections, sales, and marketing. His experience also includes a broad geographical reach, holding assignments that have touched nearly every state. The Nebraska native began his career with Ally shortly after earning his masters degree in business administration from the University of Nebraska. He also holds a bachelors degree from the University of Nebraska. Mr. Timmerman supports several organizations and research efforts associated with finding a cure for Type 1 diabetes. He is an active volunteer and supporter of Childrens Hospital of Atlanta and the Juvenile Diabetes Research Foundation. since 2021.
Age 61
Tenure 3 years
Address Ally Detroit Center, Detroit, MI, United States, 48226
Phone866 710 4623
Webhttps://www.ally.com

Douglas Timmerman Latest Insider Activity

Tracking and analyzing the buying and selling activities of Douglas Timmerman against Ally Financial stock is an integral part of due diligence when investing in Ally Financial. Douglas Timmerman insider activity provides valuable insight into whether Ally Financial is net buyers or sellers over its current business cycle. Note, Ally Financial insiders must abide by specific rules, including filing SEC forms every time they buy or sell Ally Financial'sshares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.

Ally Financial Management Efficiency

At this time, Ally Financial's Return On Tangible Assets are fairly stable compared to the past year. Return On Assets is likely to rise to 0.01 in 2024, whereas Return On Capital Employed is likely to drop 0.01 in 2024. At this time, Ally Financial's Total Current Assets are fairly stable compared to the past year. Net Tangible Assets is likely to rise to about 11.4 B in 2024, whereas Total Assets are likely to drop slightly above 160.3 B in 2024. Ally Financial's management efficiency ratios could be used to measure how well Ally Financial manages its routine affairs as well as how well it operates its assets and liabilities.
Ally Financial currently holds 20.23 B in liabilities with Debt to Equity (D/E) ratio of 275.8, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Ally Financial has a current ratio of 0.83, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Note, when we think about Ally Financial's use of debt, we should always consider it together with its cash and equity.

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Ally Financial Inc., a digital financial-services company, provides various digital financial products and services to consumer, commercial, and corporate customers primarily in the United States and Canada. Ally Financial Inc. was founded in 1919 and is based in Detroit, Michigan. Ally Financial operates under Credit Services classification in the United States and is traded on New York Stock Exchange. It employs 10500 people. Ally Financial (ALLY) is traded on New York Stock Exchange in USA. It is located in Ally Detroit Center, Detroit, MI, United States, 48226 and employs 11,100 people. Ally Financial is listed under Consumer Finance category by Fama And French industry classification.

Management Performance

Ally Financial Leadership Team

Elected by the shareholders, the Ally Financial's board of directors comprises two types of representatives: Ally Financial inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Ally. The board's role is to monitor Ally Financial's management team and ensure that shareholders' interests are well served. Ally Financial's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Ally Financial's outside directors are responsible for providing unbiased perspectives on the board's policies.
John Stack, Independent Director
Kenneth Bacon, Independent Director
Diane Morais, President - Consumer and Commercial Banking Products
Katryn Blake, Independent Director
David DeBrunner, Chief Accounting Officer, Vice President Corporate Controller
Jeffrey Brown, Chief Executive Officer, Director
Mayree Clark, Independent Director
Michael Steib, Independent Director
Michael Rhodes, CEO Director
Stephanie Richard, Chief Executive
Bradley Brown, Corporate Treasurer
Andrea Brimmer, Chief Officer
Daniel Eller, President Insurance
Franklin Hobbs, Non executive Independent Chairman of the Board
Daniel Soto, Chief Officer
Jennifer LaClair, Chief Financial Officer
Maureen BreakironEvans, Independent Director
William Cary, Independent Director
Kathleen Patterson, Chief Officer
David Reilly, Independent Director
Scott Stengel, General Counsel
Sean Leary, Head FPA
Douglas Timmerman, President of Dealer Financial Services
Sathish Muthukrishnan, Chief Information, Data and Digital Officer
Russell Hutchinson, Chief Officer
Melissa Goldman, Independent Director
Marjorie Magner, Independent Director
Brian Sharples, Independent Director
Jason Schugel, Chief Risk Officer
Kim Fennebresque, Independent Director
Jim Babcock, Senior Capital
Isvara Wilson, General Securities

Ally Stock Performance Indicators

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Additional Tools for Ally Stock Analysis

When running Ally Financial's price analysis, check to measure Ally Financial's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Ally Financial is operating at the current time. Most of Ally Financial's value examination focuses on studying past and present price action to predict the probability of Ally Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ally Financial's price. Additionally, you may evaluate how the addition of Ally Financial to your portfolios can decrease your overall portfolio volatility.