Ally Financial CEO Jeffrey Brown's 2020 pay rises 9% to $12M
Ally Financial reports 2020 executive compensation
By ExecPay News
Published: March 16, 2021
Ally Financial reported fiscal year 2020 executive compensation information on March 16, 2021.
In 2020, five executives at Ally Financial received on average a compensation package of $5M, a 7% increase compared to previous year.
Average pay of disclosed executives at Ally Financial
Jeffrey J. Brown, Chief Executive Officer, received $12M in total, which increased by 9% compared to 2019. 59% of Brown's compensation, or $6.9M, was in stock awards. Brown also received $3.7M in bonus, $1M in salary, as well as $44K in other compensation.
Douglas R. Timmerman, President, Auto Finance, received a compensation package of $3.8M, which increased by 8% compared to previous year. 50% of the compensation package, or $1.9M, was in stock awards.
Diane E. Morais, President, Consumer Commercial Banking Products, earned $3.7M in 2020, a 3% increase compared to previous year.
Jennifer A. LaClair, Chief Financial Officer, received $3.5M in 2020, which increases by 7% compared to 2019.
Scott A. Stengel, General Counsel, earned $2.4M in 2020, a 6% increase compared to previous year.
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Source: SEC filing on March 16, 2021.