Ally Bank 2012 Annual Report Download - page 212

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Item 10. Directors, Executive Officers, and Corporate Governance
The following table presents information regarding directors, executive officers, and other significant employees of Ally.
Name Age Position
Franklin W. Hobbs 65 Director (Chairman of the Board)
Robert T. Blakely 71 Director (Chairman of Audit Committee)
Mayree C. Clark 55 Director (Member of Audit Committee)
John D. Durrett 64 Director (Member of Audit Committee)
Stephen A. Feinberg 52 Director
Kim S. Fennebresque 62 Director
Gerald Greenwald 77 Director
Marjorie Magner 63 Director (Member of Audit Committee)
Henry S. Miller 67 Director
John J. Stack 66 Director (Member of Audit Committee)
Michael A. Carpenter 65 Director and Chief Executive Officer
Jeffrey J. Brown 39 Senior Executive Vice President of Finance and Corporate Planning
James G. Mackey 45 Chief Financial Officer
Barbara Yastine 53 Chief Executive Officer and President of Ally Bank
William F. Muir 58 President
David J. DeBrunner 46 Vice President, Chief Accounting Officer, and Corporate Controller
Brian Gunn 40 Chief Risk Officer
Directors, Executive Officers, and Other Significant Employees
Franklin W. Hobbs — Director of Ally since May 2009. He currently serves as Chairman of the board. Since 2004, he has been an
advisor to One Equity Partners LLC, which manages investments and commitments for JPMorgan Chase & Co. in direct private equity
transactions. He was previously the CEO of Houlihan Lokey Howard & Zukin. In that role, he oversaw all operations, which included
advisory services for mid-market companies involved in mergers and acquisitions and corporate restructurings. He previously was Chairman
of UBS AG's Warburg Dillon, Read & Co. Inc. unit. Prior to that, he was President and CEO of Dillon, Read & Co. Inc. Hobbs earned his
bachelor's degree from Harvard College and master's degree in business administration from Harvard Business School. He serves as a director
on the Boards of the Lord Abbett & Company, Molson Coors Brewing Company, and UNICEF.
Robert T. Blakely — Director of Ally since May 2009. He currently serves as Chairman of the Audit Committee. Previously, he was a
trustee of the Financial Accounting Foundation, the oversight board for the Financial Accounting Standards Board. Blakely is the former
executive vice president and chief financial officer of Fannie Mae. In this role, he led the financial restatement and implementation of
Sarbanes-Oxley controls. He was previously the chief financial officer of WorldCom/MCI, Lyondell Chemical, Tenneco, and US Synthetic
Fuels Corporation where he gained valuable experience dealing with accounting principles and financial reporting rules and regulations,
evaluating financial results, and generally overseeing the financial reporting processes of large corporations. Blakely received his PhD from
Massachusetts Institute of Technology and his master's and bachelor's degrees from Cornell University.
Mayree C. Clark — Director of Ally since May 2009. She currently serves as Chairman and member of the Ally Risk Management and
Compliance Committee and the Audit Committee. She serves on the board of the Stanford Management Company, which manages the
University's endowment. Clark is the founding partner of Eachwin Capital, an asset management firm that has created an investment strategy
which keys off the quality of corporate management for the equity securities in which it invests. Clark is a former partner and member of the
executive committee at AEA Holdings. Previously, Clark held a variety of executive positions at Morgan Stanley over a span of nearly
25 years, serving as Global Research Director, Director of Global Private Wealth Management, and deputy to the chairman, president and
CEO. Clark began her career as an economic associate in antitrust litigation at National Economic Research Associates, Inc. Clark earned a
bachelor's degree from the University of Southern California and a master's degree in business administration from Stanford University
Graduate School of Business.
John D. Durrett — Director of Ally since February 2011. He currently serves as a member of the Audit Committee and Compliance
Committee. He serves as a strategic adviser to Serent Capital, a San Francisco-based private equity firm, and sits on the boards of two of
Serent's portfolio companies. Durrett is a director emeritus of McKinsey & Co.,Inc., and completed his 27-year career with the firm in 2007.
He served in numerous senior leadership positions during his tenure at McKinsey and also served as a member of the firm's Shareholder's
Council and chaired its Finance and Infrastructure Committee. Durrett was also a long-time member of McKinsey's Compensation Committee
and the Director's and Principal's Review Committees. Durrett received a bachelor's degree from Millsaps College, a juris doctorate from
Emory University and a master's degree in business administration from the Wharton School of the University of Pennsylvania.
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Part III
Ally Financial Inc. • Form 10-K