Finance
Auto Lender Ally Names Doug Timmerman Interim Chief Executive
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Ally Financial Inc. said Doug Timmerman will become interim chief executive officer after CEO Jeffrey Brown departs the auto lender.
Timmerman, currently president of dealer financial services at company, will step into the CEO role on Feb 1, a day after Brown leaves, Ally said in a statement Friday. Timmerman has spent more than three decades at the company, most recently managing the lender’s relationship with auto dealers.