Ally Bank 2012 Annual Report Download - page 213

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Stephen A. Feinberg — Director of Ally since March 2009. He co-founded Cerberus Capital Management in November 1992. Feinberg
began his career at Drexel Burnham Lambert where he was actively involved in trading large pools of firm capital. From 1985 to 1992, after
leaving Drexel Burnham Lambert, he managed money in separate accounts, most of which was firm capital of Gruntal & Co., Inc. Feinberg
has over 25 years of experience in distressed investing, including investments in the financial services industry, and he has served as a control
party in connection with investments in numerous financial institutions, including various lending institutions. Feinberg is a 1982 graduate of
Princeton University.
Kim S. Fennebresque — Director of Ally since May 2009. Fennebresque served as chairman and chief executive officer of Dahlman
Rose & Co. and is a senior advisor at Cowen Group, Inc. He also served as its chairman, president, and chief executive officer where he
oversaw all aspects of the management and operations of the company. Fennebresque has extensive business experience and has served as an
investment banker for over three decades. He has demonstrated leadership capability and has extensive knowledge of the management of a
publicly traded company. The depth and breadth of his exposure to areas of compensation, legal, accounting, and regulatory issues make him
a skilled advisor. Prior to joining Cowen Group, Fennebresque served as head of the Corporate Finance and Mergers & Acquisitions
departments at UBS. He also was a general partner and co-head of Investment Banking at Lazard Frères & Co. and held various positions at
The First Boston Corporation. Fennebresque is a graduate of Trinity College and Vanderbilt Law School. He is currently on the boards of
TEAK Fellowship, and Fountain House.
Gerald Greenwald — Appointed to the Ally board of directors in August 2012. Greenwald is a founder of Greenbriar Equity Group, a
private equity firm focused on the global transportation sector. Previously, Greenwald was the chairman and chief executive officer of United
Airlines from 1994 to 1999. Greenwald began his career in the automotive industry at Ford Motor Company where he worked in several
positions including controller, director of operations in Europe and president of Ford of Venezuela. He later joined Chrysler, where he worked
in various positions including corporate controller and chief financial officer before being promoted to vice chairman. Greenwald received a
bachelor's degree from Princeton University and a master's degree from Wayne State University. He serves on the boards of Align Aerospace
Holdings, Inc., GENCO Distribution System, Inc., Ryan Herco Flow Solutions, Western Peterbilt, Inc. and The Aspen Institute, and Chairman
of a RAND Corporation Advisory Council.
Marjorie Magner — Director of Ally since May 2010. She also serves on the Audit Committee and Risk and Compliance Committee.
Magner is a founding member and partner of Brysam Global Partners, a specialized private equity firm that invests in financial services.
Previously, she served as chairman and chief executive officer of the Global Consumer Group at Citigroup. In this position, she was
responsible for the company's operations serving consumers through retail banking, credit cards, and consumer finance. She earned a
bachelor's degree in psychology from Brooklyn College and a master's degree from Krannert School of Management, Purdue University.
Magner also serves on the boards of Accenture Ltd., Gannett Company, Inc., and the Brooklyn College Foundation. She is a member of the
dean's advisory council for the Krannert School of Management.
Henry S. Miller — Appointed to the Ally board of directors in August 2012. Miller has served as chairman of Marblegate Asset
Management, LLC since its formation in 2009. Miller was also co-founder, chairman and managing director of Miller Buckfire & Co., LLC.
Prior to founding Miller Buckfire, he was vice chairman and managing director at Dresdner Kleinwort Wasserstein. He also served as
managing director and head of both the restructuring and transportation industry group of Salomon Brothers. He also previously held senior
leadership roles at Prudential Securities and Lehman Brothers. Miller received his bachelor's degree from Fordham University and a master's
degree in business administration from from Columbia Business School. He is a trustee of Save the Children, the Washington Institute for
Near East Policy, and Fordham University, as well as a member of the board of directors of AIG and a member of the board of overseers of
Columbia Business School.
John J. Stack — Director of Ally since April 2010. He also serves on the Audit Committee and Risk and Compliance Committee. Stack
served as chairman and chief executive officer of Ceska Sporitelna, a.s., the largest bank in the Czech Republic, from 2000 to 2007. Prior to
that, he spent 22 years in retail banking in various roles at Chemical Bank and then later at Chase Bank. Stack began his career in government
working in staff roles in the New York City Mayor's Office and then the New York City Courts System. He earned a bachelor's degree from
Iona College and a master's degree from Harvard Graduate School of Business Administration. He also serves on the boards of Erste Bank
Group and Mutual of America.
Michael A. Carpenter — Chief Executive Officer of Ally since November 2009 and a member of the Ally Board of Directors since May
2009. He oversees all Ally strategy and operations to focus on strengthening the core businesses, while positioning the company for long-term
growth. Carpenter has broad and deep experience in banking, capital markets, turnarounds, and corporate strategy. Most recently, he founded
Southgate Alternative Investments in 2007. From 2002 to 2006, he was chairman and chief executive officer of Citigroup Alternative
Investments overseeing $60 billion of proprietary capital and customer funds globally in various alternative investment vehicles. From 1998
to 2002, Carpenter was chairman and chief executive officer of Citigroup's Global Corporate & Investment Bank with responsibility for
Salomon Smith Barney Inc. and Citibank's corporate banking activities globally. Carpenter was named chairman and CEO of Salomon Smith
Barney in 1998, shortly after the merger that created Citigroup, and led the first ever successful integration of a commercial and investment
bank. Prior to Citigroup, he was chairman and CEO of Travelers Life & Annuity and vice chairman of Travelers Group Inc. responsible for
strategy and business development. From 1989 to 1994, he was chairman of the board, president, and CEO of Kidder Peabody Group Inc., a
wholly owned subsidiary of General Electric Company. From 1986 to 1989, Carpenter was executive vice president of GE Capital
Corporation. He first joined GE in 1983 as vice president of Corporate Business Development and Planning and was responsible for strategic
planning and development as well as mergers and acquisitions. Earlier in his career, Carpenter spent nine years as vice president and director
of the Boston Consulting Group consulting to major companies on corporate strategy and three years with Imperial Chemical Industries of the
Table of Contents Ally Financial Inc. • Form 10-K