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Jeffrey Brown, who headed up Ally’s dealer-financial services business, will succeed Michael Carpenter, who is retiring from his post and from the company’s board after five years.
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On the same day the U.S. Department of the Treasury sold the last of its remaining 54.9 million shares of Ally common stock, Ally Financial revealed that it has received a subpoena from the Department of Justice related to subprime auto lending.
Read More →The auto finance source also recorded record used-vehicle originations and grew its dealer network by more than 900 dealers in the second quarter.
Read More →Michael A. Carpenter, CEO of Ally Financial Inc., joined Autobytel's board of directors.
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