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Ally Financial names William H. Cary to board

William H. CaryAlly Financial Inc. announced that former General Electric (GE) executive William H. Cary has been appointed to its board of directors.

Mr. Cary served at GE for 29 years and has held several leadership positions in consumer and wholesale finance, as well as in the areas of finance, risk and capital markets.

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READ MORE Ally Financial names Jeffrey Brown CEO

Prior to his retirement in 2015, Mr. Cary served as president and chief operating officer at GE Capital. Before this role, he was president and chief executive officer of GE Money in London.

He currently serves on the public company boards of BRP, Inc. and Rush Enterprises, Inc.

The company also announced that Cerberus Capital Management's Stephen A. Feinberg has stepped down from the board, effective June 22, 2016.


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