Ally Financial Inc. DEF 14A: Executive Pay & Governance Details

Ticker: ALLY · Form: DEF 14A · Filed: 2025-03-21T00:00:00.000Z

Sentiment: neutral

Topics: proxy-statement, executive-compensation, corporate-governance

Related Tickers: ALLY

TL;DR

Ally Financial's 2025 DEF 14A is out, detailing exec pay and equity awards for FY24. Shareholders get the scoop.

AI Summary

Ally Financial Inc. filed its DEF 14A on March 21, 2025, detailing executive compensation and corporate governance for the fiscal year ending December 31, 2024. The filing includes information on compensation for key executives such than Mr. J. Brown, Mr. Rhodes, and Mr. Timmerman, as well as details on equity awards and changes in fair value for prior year awards.

Why It Matters

This filing provides shareholders with crucial information regarding how executive compensation is structured and approved, impacting corporate governance and investor confidence.

Risk Assessment

Risk Level: low — This is a routine annual filing providing information on executive compensation and corporate governance, not indicating new or unusual risks.

Key Numbers

20250321 — Filing Date (Date the DEF 14A was filed with the SEC.)
20250506 — Report Date (The period this filing pertains to.)
1231 — Fiscal Year End (Indicates the end of Ally Financial's fiscal year.)

Key Players & Entities

Ally Financial Inc. (company) — Filer of the DEF 14A
Mr. J. Brown (person) — Executive mentioned in compensation details
Mr. Rhodes (person) — Executive mentioned in compensation details
Mr. Timmerman (person) — Executive mentioned in compensation details
GMAC INC. (company) — Former company name of Ally Financial

FAQ

What is the primary purpose of a DEF 14A filing?

A DEF 14A filing, also known as a Definitive Proxy Statement, is filed by a company to solicit shareholder votes on important corporate matters, typically including the election of directors and executive compensation.

Who are the key individuals whose compensation is detailed in this filing?

The filing mentions executives such as Mr. J. Brown, Mr. Rhodes, and Mr. Timmerman, indicating their compensation details are included.

What is the reporting period for the financial data presented in this DEF 14A?

The filing pertains to the fiscal year ending December 31, 2024, as indicated by the 'CONFORMED PERIOD OF REPORT: 20250506' and the fiscal year end of 1231.

What was Ally Financial Inc. previously known as?

Ally Financial Inc. was formerly known as GMAC INC. and GMAC LLC, with name changes occurring in 2009 and 2006 respectively.

What specific types of compensation elements are mentioned in relation to executive awards?

The filing references 'DvddsOrOthrErngsPdOnEqtyAwrdsNtOthrwsRflctdInTtlCompForCvrdYrMember' and 'ChngInFrValAsOfVstngDtOfPrrYrEqtyAwrdsVstdInCvrdYrMember', indicating details on dividends, other earnings on equity awards, and changes in fair value of prior year equity awards.

From the Filing

0001193125-25-059841.txt : 20250321 0001193125-25-059841.hdr.sgml : 20250321 20250321090450 ACCESSION NUMBER: 0001193125-25-059841 CONFORMED SUBMISSION TYPE: DEF 14A PUBLIC DOCUMENT COUNT: 119 CONFORMED PERIOD OF REPORT: 20250506 FILED AS OF DATE: 20250321 DATE AS OF CHANGE: 20250321 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Ally Financial Inc. CENTRAL INDEX KEY: 0000040729 STANDARD INDUSTRIAL CLASSIFICATION: STATE COMMERCIAL BANKS [6022] ORGANIZATION NAME: 02 Finance IRS NUMBER: 380572512 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: DEF 14A SEC ACT: 1934 Act SEC FILE NUMBER: 001-03754 FILM NUMBER: 25758692 BUSINESS ADDRESS: STREET 1: ALLY DETROIT CENTER STREET 2: 500 WOODWARD AVE. FLOOR 10 CITY: DETROIT STATE: MI ZIP: 48226 BUSINESS PHONE: 866-710-4623 MAIL ADDRESS: STREET 1: ALLY DETROIT CENTER STREET 2: 500 WOODWARD AVE. FLOOR 10 CITY: DETROIT STATE: MI ZIP: 48226 FORMER COMPANY: FORMER CONFORMED NAME: GMAC INC. DATE OF NAME CHANGE: 20090701 FORMER COMPANY: FORMER CONFORMED NAME: GMAC LLC DATE OF NAME CHANGE: 20060720 FORMER COMPANY: FORMER CONFORMED NAME: GENERAL MOTORS ACCEPTANCE CORP DATE OF NAME CHANGE: 19920703 DEF 14A 1 d842997ddef14a.htm DEF 14A DEF 14A Table of Contents DEF 14A false 0000040729 0000040729 2024-01-01 2024-12-31 0000040729 2023-01-01 2023-12-31 0000040729 2022-01-01 2022-12-31 0000040729 2021-01-01 2021-12-31 0000040729 2020-01-01 2020-12-31 0000040729 ally:MrJBrownMember 2023-01-01 2023-12-31 0000040729 ally:MrRhodesMember 2023-01-01 2023-12-31 0000040729 ally:MrTimmermanMember 2023-01-01 2023-12-31 0000040729 ecd:DvddsOrOthrErngsPdOnEqtyAwrdsNtOthrwsRflctdInTtlCompForCvrdYrMember ecd:PeoMember 2023-01-01 2023-12-31 0000040729 ecd:DvddsOrOthrErngsPdOnEqtyAwrdsNtOthrwsRflctdInTtlCompForCvrdYrMember ecd:NonPeoNeoMember 2023-01-01 2023-12-31 0000040729 ecd:ChngInFrValAsOfVstngDtOfPrrYrEqtyAwrdsVstdInCvrdYrMember ecd:PeoMember 2023-01-01 2023-12-31 0000040729 ecd:ChngInFrValAsOfVstngDtOfPrrYrEqtyAwrdsVstdInCvrdYrMember ecd:NonPeoNeoMember 2023-01-01 2023-12-31 0000040729 ecd:ChngInFrValOfOutsdngAndUnvstdEqtyAwrdsGrntdInPrrYrsMember ecd:PeoMember 2023-01-01 2023-12-31 0000040729 ecd:ChngInFrValOfOutsdngAndUnvstdEqtyAwrdsGrntdInPrrYrsMember ecd:NonPeoNeoMember 2023-01-01 2023-12-31 0000040729 ecd:YrEndFrValOfEqtyAwrdsGrntdInCvrdYrOutsdngAndUnvstdMember ecd:PeoMember 2023-01-01 2023-12-31 0000040729 ecd:YrEndFrValOfEqtyAwrdsGrntdInCvrdYrOutsdngAndUnvstdMember ecd:NonPeoNeoMember 2023-01-01 2023-12-31 0000040729 ecd:EqtyAwrdsInSummryCompstnTblForAplblYrMember ecd:PeoMember 2023-01-01 2023-12-31 0000040729 ecd:EqtyAwrdsInSummryCompstnTblForAplblYrMember ecd:NonPeoNeoMember 2023-01-01 2023-12-31 0000040729 ecd:VstngDtFrValOfEqtyAwrdsGrntdAndVstdInCvrdYrMember ecd:NonPeoNeoMember 2023-01-01 2023-12-31 0000040729 ecd:VstngDtFrValOfEqtyAwrdsGrntdAndVstdInCvrdYrMember ecd:PeoMember 2023-01-01 2023-12-31 0000040729 ally:MrTimmermanMember 2024-01-01 2024-12-31 0000040729 ally:MrRhodesMember 2024-01-01 2024-12-31 0000040729 ally:MrJBrownMember 2024-01-01 2024-12-31 0000040729 ecd:DvddsOrOthrErngsPdOnEqtyAwrdsNtOthrwsRflctdInTtlCompForCvrdYrMember ecd:PeoMember ally:MrRhodesMember 2024-01-01 2024-12-31 0000040729 ecd:DvddsOrOthrErngsPdOnEqtyAwrdsNtOthrwsRflctdInTtlCompForCvrdYrMember ecd:PeoMember ally:MrTimmermanMember 2024-01-01 2024-12-31 0000040729 ecd:DvddsOrOthrErngsPdOnEqtyAwrdsNtOthrwsRflctdInTtlCompForCvrdYrMember ecd:PeoMember ally:MrJBrownMember 2024-01-01 2024-12-31 0000040729 ecd:DvddsOrOthrErngsPdOnEqtyAwrdsNtOthrwsRflctdInTtlCompForCvrdYrMember 2024-01-01 2024-12-31 0000040729 ecd:ChngInFrValAsOfVstngDtOfPrrYrEqtyAwrdsVstdInCvrdYrMember ecd:PeoMember ally:MrRhodesMember 2024-01-01 2024-12-31 0000040729 ecd:ChngInFrValAsOfVstngDtOfPrrYrEqtyAwrdsVstdInCvrdYrMember ecd:PeoMember ally:MrTimmermanMember 2024-01-01 2024-12-31 0000040729 ecd:ChngInFrValAsOfVstngDtOfPrrYrEqtyAwrdsVstdInCvrdYrMember ecd:PeoMember ally:MrJBrownMember 2024-01-01 2024-12-31 0000040729 ecd:ChngInFrVa