Ally Financial Inc. announced Jennifer A. LaClair has departed from her position as Chief Financial Officer of the company, effective October 18, 2022, and transitioned into the role of Senior Operating Adviser. Bradley J. Brown has been appointed Interim Chief Financial Officer and an officer effective that same time. Mr. Brown, 56, has served as the Corporate Treasurer of Ally since November 2013.

In this role, he is responsible for Ally's capital, funding and liquidity, asset-liability and interest rate risk management, and Ally Bank's investments and derivatives portfolios. He joined Ally in June 2011 as a structured funding executive overseeing the strategy, planning, and execution of securitizations and structured funding globally. Prior to joining Ally, Mr. Brown spent 14 years at Bank of America, including three years in corporate treasury where he was responsible for structured funding and capital strategies, and 11 years in investment banking at Bank of America Merrill Lynch.

Prior to joining Bank of America, Mr. Brown worked in audit services for PricewaterhouseCoopers in their New York City and Charlotte offices. Mr. Brown has a master's degree in business administration from the John H. Sykes College of Business at University of Tampa and earned bachelor's degrees in business administration and accounting from Flagler College. He is a member of the American Institute of Certified Public Accountants and the Florida Board of Accountancy.

Mr. Brown is a member of the Flagler College board of trustees where he serves as advancement committee chair and serves on the board of Communities in Schools Charlotte-Mecklenburg.