Ally Financial CEO Jeffrey Brown's 2021 pay jumps 34% to $16M
Ally Financial reports 2021 executive compensation
By ExecPay News
Published: March 15, 2022
Ally Financial reported fiscal year 2021 executive compensation information on March 15, 2022.
In 2021, five executives at Ally Financial received on average a compensation package of $6.8M, a 34% increase compared to previous year.
Average pay of disclosed executives at Ally Financial
Jeffrey J. Brown, Chief Executive Officer, received $16M in total, which increased by 34% compared to 2020. 62% of Brown's compensation, or $9.6M, was in stock awards. Brown also received $4.9M in bonus, $1M in salary, as well as $46K in other compensation.
Douglas R. Timmerman, President, Dealer Financial Services, received a compensation package of $5.2M, which increased by 35% compared to previous year. 52% of the compensation package, or $2.7M, was in stock awards.
Diane E. Morais, President, Consumer Commercial Banking, earned $5.1M in 2021, a 36% increase compared to previous year.
Jennifer A. LaClair, Chief Financial Officer, received $4.9M in 2021, which increases by 38% compared to 2020.
Scott A. Stengel, General Counsel, earned $3.1M in 2021, a 26% increase compared to previous year.
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Source: SEC filing on March 15, 2022.