Ally Names Dealer Financial Services President Douglas Timmerman as Interim CEO
Ally(ALLY) PYMNTS·2024-01-12 23:09Ally Financial named its president of dealer financial services, Douglas Timmerman, as its interim CEO.Timmerman will assume the role Feb. 1, following the departure of current CEO Jeffrey J. Brown Jan. 31, the company said in a Friday (Jan. 12) press release.Ally Financial announced in October that Brown would step down early in 2024.As president of dealer financial services, Timmerman is responsible for deepening relationships with Ally’s 22,000 dealer customers, according to the release. Under his leader ...