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Ally Financial Names Successor to Retiring CFO Chris Halmy

December 12, 2017

CHARLOTTE, N.C. — Ally Financial Inc. today announced that Jenn LaClair will be joining the company as CFO designate, effective Dec. 18, 2017, with the intent that she be appointed to succeed Ally's current CFO, Chris Halmy.

Halmy is set to retire from his post on March 1, 2018, after eight years with the finance source. LaClair will report to Ally CEO Jeffrey Brown and will be based in Charlotte, N.C.

"Since joining us in 2009, Chris has been a driving force in nearly every important and transformational initiative we've successfully undertaken as a company — from funding the business during the height of the financial crisis, to our initial public offering, to our efforts to grow and diversify Ally with new lines of business and offerings, he has been instrumental," said Brown. "Beyond his contributions from a financial perspective, Chris has served as a true champion of our culture, and a tremendous partner to me, the board and the rest of the executive team. I want to thank him for his contributions, service and leadership at Ally."

LaClair, 46, joins Ally from PNC Financial Services Group Inc., where she spent 10 years in business and finance roles. Most recently, she served as the head of the business bank and was charged with setting strategy, driving performance and managing risk. Prior to that, she served as CFO for all of PNC's lines of business.

"Jenn brings significant experience from the financial services industry, which will be key as we accelerate our growth and evolution as a leading digital financial services company, and we are pleased to welcome her to the Ally team,” Brown said. “Beyond her deep financial acumen is a strong cultural fit with the leadership team which will enable a seamless transition with Chris.”

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