Ally Financial CEO Jeffrey Brown's 2019 pay rises 11% to $11M
Ally Financial reports 2019 executive compensation
By ExecPay News
Published: March 12, 2020
Ally Financial reported fiscal year 2019 executive compensation information on March 12, 2020.
In 2019, five executives at Ally Financial received on average a compensation package of $4.7M, a 30% increase compared to previous year.
Average pay of disclosed executives at Ally Financial
Jeffrey J. Brown, Chief Executive Officer, received $11M in total, which increased by 11% compared to 2018. 56% of Brown's compensation, or $6M, was in stock awards. Brown also received $3.6M in bonus, $1M in salary, as well as $42K in other compensation.
Diane E. Morais, President, Consumer Commercial Banking Products, received a compensation package of $3.6M, which increased by 4% compared to previous year. 48% of the compensation package, or $1.8M, was in stock awards.
Douglas R. Timmerman, President, Auto Finance, earned $3.5M in 2019, a 68% increase compared to previous year.
Jennifer A. LaClair, Chief Financial Officer, received $3.3M in 2019, which increases by 7% compared to 2018.
Scott A. Stengel, General Counsel, earned $2.3M in 2019, a 11% increase compared to previous year.
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Source: SEC filing on March 12, 2020.