Douglas Timmerman - Ally Financial President of Auto Finance

GMZ Stock  EUR 33.33  0.14  0.42%   

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 2018.
Age 60
Tenure 6 years
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

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 has accumulated 17.76 B in total debt with debt to equity ratio (D/E) of 308.6, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Ally Financial has a current ratio of 0.86, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Ally Financial until it has trouble settling it off, either with new capital or with free cash flow. So, Ally Financial's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Ally Financial sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Ally to invest in growth at high rates of return. When we think about Ally Financial's use of debt, we should always consider it together with cash and equity.
Ally Financial Inc. provides various financial products and services to consumers, businesses, automotive dealers, and corporate customers primarily in the United States and Canada. Ally Financial Inc. was founded in 1919 and is headquartered in Detroit, Michigan. ALLY FINANCIAL operates under Specialty Finance classification in Germany and is traded on Frankfurt Stock Exchange. It employs 8200 people. Ally Financial (GMZ) is traded on Frankfurt Exchange in Germany and employs 27 people.

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.
Scott Stengel, General Counsel
Diane Morais, CEO and President of Ally Bank
David DeBrunner, Chief Accounting Officer, Vice President Corporate Controller
Bradley Brown, Co CFO
Sean Leary, Head FPA
Douglas Timmerman, President of Auto Finance
Sathish Muthukrishnan, Data Information
Andrea Brimmer, Chief Officer
Daniel Soto, Chief Officer
Jeffrey Brown, CEO, Director

Ally Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Ally Financial a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Currently Active Assets on Macroaxis

Additional Information and Resources on Investing in Ally Stock

When determining whether Ally Financial offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Ally Financial's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Ally Financial Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Ally Financial Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Ally Financial. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
For more detail on how to invest in Ally Stock please use our How to Invest in Ally Financial guide.
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Please note, there is a significant difference between Ally Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ally Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ally Financial's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.