Michael G. Rhodes
Board Member
Ally Financial Inc. (ALLY)Personal wealth note: Equibles reports source-backed professional activity and disclosed compensation; it does not estimate personal net worth.
About Michael G. Rhodes
Michael G. Rhodes is recorded as CEO and Board Member at Ally Financial Inc. (ALLY). Ally Financial Inc. reported in an 8-K filed March 27, 2024 that Michael G. Rhodes was appointed member of the Board of Ally and Ally Bank, effective April 29, 2024. Ally Financial Inc. reported in an 8-K filed March 27, 2024 that Michael G. Rhodes was appointed Chief Executive Officer, effective April 29, 2024. The proxy statement of Ally Financial Inc. reports total compensation of $12,770,194 for Michael G. Rhodes in fiscal 2025, including a base salary of $1,000,000. Disclosed compensation is on record for 2 fiscal years.
“Ally Financial Inc. (“Ally”) announced on March 27, 2024 that its Board of Directors appointed Michael G. Rhodes, 58, as the Chief Executive Officer and member of the Board of Ally and Ally Bank, effective on April 29, 2024 (the “Effective Date”).”
“Ally Financial Inc. (“Ally”) announced on March 27, 2024 that its Board of Directors appointed Michael G. Rhodes, 58, as the Chief Executive Officer and member of the Board of Ally and Ally Bank, effective on April 29, 2024 (the “Effective Date”).”
Summary generated from SEC filings and earnings-call records held by Equibles.
Affiliation history
Recorded current and former roles; source labels appear when available.
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Current
2024-04-29–present
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Current
2024-04-29–present
Company network
Recorded roles and call appearances connecting this person to public companies.
Leadership on record at Ally Financial Inc.
Other people whose current roles at this company are on record from its filings.
- Douglas R. Timmerman CEO
- Jeffrey Brown CEO
- Bradley J. Brown CFO
- Jennifer LaClair CFO
- Russell E. Hutchinson CFO
- Isvara Wilson General Counsel
- Austin T. McGrath Chief Accounting Officer
- Allan P. Merrill Board Member
- Brian H. Sharples Board Member
- David Reilly Board Member
Executive compensation
Compensation components disclosed in company proxy statements. Amounts are nominal USD; total is the company-reported figure.
| Fiscal year | Company | Role | Salary | Total |
|---|---|---|---|---|
| 2025 | Ally Financial Inc. (ALLY) | Chief Executive Officer | $1,000,000 | $12,770,194 |
| 2024 | Ally Financial Inc. (ALLY) | Chief Executive Officer | $634,615 | $20,940,509 |
Recent activity
Earnings-call and investor-event appearances, plus filed executive appointments or departures, newest first.