With more than two decades of experience in consumer banking, Rhodes poised to lead Ally into the next stage of its evolution
CHARLOTTE, N.C., March 27, 2024 /PRNewswire/ — Ally Financial Inc. (NYSE: ALLY) announced today that Michael G. Rhodes will be its new Chief Executive Officer, starting at the company on April 29, 2024. He will also be appointed as a member of Ally’s board of directors at that time.
“I have long admired Ally’s transformational approach to digital banking and its leading position in automotive finance. The bank has successfully harnessed the power of technology to create financial solutions for its customers and communities consistent with its ‘Do It Right’ mantra. I am so pleased the Board has put its trust in me to continue advancing Ally’s strategy alongside the strong leadership team,” said Rhodes. “I am eager to roll up my sleeves and, together with more…
