Ally Bank 2012 Annual Report Download - page 222

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Summary Compensation Table
The following table shows compensation for any person serving as principal executive officer or principal financial officer during 2012,
as well as Ally's next three most highly compensated executive officers.
Name and principal position Year Salary ($) (a) (b)
Stock
awards
($) (c) (d) (e)
All other
compensation
($) (f) Total
($)
Michael A. Carpenter 2012 — 9,500,000 57,119 9,557,119
Chief Executive Officer 2011 — 9,500,000 43,077 9,543,077
2010 186,346 9,708,750 29,958 9,925,054
Jeffrey J. Brown 2012 600,000 3,797,892 30,167 4,428,059
Senior Executive Vice President of Finance and Corporate 2011 600,000 3,743,678 29,609 4,373,287
Planning 2010 500,000 3,750,000 38,908 4,288,908
Barbara Yastine 2012 600,000 4,587,357 28,599 5,215,956
Chief Executive Officer and President, Ally Bank 2011 600,000 4,587,357 27,950 5,215,307
William Muir 2012 600,000 3,400,000 31,723 4,031,723
President 2011 509,000 3,147,280 30,595 3,686,875
James G. Mackey 2012 550,000 2,450,000 30,904 3,030,904
Chief Financial Officer 2011 550,000 2,305,738 29,653 2,885,391
2010 475,068 1,922,951 21,604 2,419,623
Thomas Marano 2012 6,182,052 1,821,397 27,099 8,030,548
Chief Executive Officer, ResCap 2011 600,000 7,403,449 31,450 8,034,899
2010 500,000 6,906,250 26,785 7,433,035
(a) The amounts shown as salary represent the cash portion of base salary and do not include the DSU award values that are part of the executive's base salary and are shown as
stock awards in this table. Amounts for Mr. Marano for 2012 include $5,582,052 deferred cash paid in lieu of DSUs granted after May 14, 2012 pursuant to the request of the
ResCap Board of Directors, the Special Master's November 30, 2012 Supplemental Determination Letter, and disclosure to the Bankruptcy Court. Deferred cash is payable in
three equal installments: the first on the final payroll date of 2012, the second ratably over 2013 and the third ratably over 2014. At the request of the ResCap Board of
Directors, effective January 1, 2013, the annual salary to be paid to Mr. Marano was reduced to $2,000,000 per year. Of this amount, $600,000 will be paid in cash and the
balance will be paid in deferred cash, subject to the approval of the Special Master. Mr. Marano also served as Chief Capital Markets Officer through May 14, 2012.
(b) For 2010, represents the amount of Mr. Carpenter's compensation that was paid in cash prior to March 23, 2010, when his compensation structure changed to be fully based on
long-term equity of the Company.
(c) The 2012 total represents the grant date fair value of the Ally DSU awards granted in 2012 and is not necessarily the cash payment received. The amounts for each NEO for
2012 are displayed in the following table. For Mr. Marano, Stock Awards for 2012 of $1,821,397 were granted prior to May 14, 2012. Amounts granted after May 14, 2012
were granted as deferred cash as explained in footnote (a) above. For further information related to compensation paid to ResCap employees, including Mr. Marano, refer to The
Pay Process for 2012.
Name DSU ($) IRSU ($) Total ($)
Michael A. Carpenter 9,500,000 — 9,500,000
Jeffrey J. Brown 3,797,892 — 3,797,892
Barbara Yastine 4,587,357 — 4,587,357
William Muir 3,400,000 — 3,400,000
James G. Mackey 2,450,000 — 2,450,000
Thomas Marano 1,821,397 — 1,821,397
(d) The 2011 total represents the grant date fair value of the Ally DSU and IRSU awards granted in 2011 and is not necessarily the cash payment received. The amounts for each
NEO for 2011 are displayed in the following table.
Name DSU ($) IRSU ($) Total ($)
Michael A. Carpenter 8,000,000 1,500,000 9,500,000
Jeffrey J. Brown 2,350,000 1,393,678 3,743,678
Barbara Yastine 2,858,238 1,729,119 4,587,357
William Muir 1,931,520 1,215,760 3,147,280
James G. Mackey 1,353,825 951,913 2,305,738
Thomas Marano 4,735,633 2,667,816 7,403,449
(e) The 2010 total represents the grant date fair value of the Ally DSU and IRSU awards granted in 2010 and is not necessarily the cash payment received. The amount for
Mr. Carpenter includes $395,096 of IRSU awards that were granted in January 2010 for performance in 2009, as per the SEC rules. The amounts for each NEO for 2010 are
displayed in the following table.
Name DSU ($) IRSU ($) Total ($)
Michael Carpenter 7,813,654 1,895,096 9,708,750
Jeffrey J. Brown 2,350,000 1,400,000 3,750,000
James G. Mackey 1,119,964 802,987 1,922,951
Thomas Marano 4,437,500 2,468,750 6,906,250
(f) Refer to the All Other Compensation in 2012 section for further details.
Table of Contents Ally Financial Inc. • Form 10-K