Accomplished business leader and legal expert
will lead a newly created Legal & Corporate Affairs Office at
the company
CHARLOTTE, N.C., Sept. 9,
2024 /PRNewswire/ -- Ally Financial Inc. (NYSE: ALLY)
today announced Hope Mehlman will
join the company as chief legal and corporate affairs officer,
effective Dec. 2, 2024. Mehlman will lead a newly created
Legal & Corporate Affairs Office which will oversee all
regulatory and legal matters. She will have responsibility for the
organization's legal, compliance, government relations,
environmental sustainability and community reinvestment teams.
Mehlman brings more than 20 years of leadership experience in
retail and commercial banking, most recently as Discover's chief
legal officer, general counsel and corporate secretary. Prior to
Discover, she served as general counsel and corporate secretary at
Bank of the West, corporate secretary of BNP Paribas USA, and executive vice president, corporate
secretary, chief governance officer, and deputy general counsel of
Regions Financial, where she also served as senior compliance
officer.
"Hope has a proven track record as a strong leader, building and
evolving legal and compliance teams to enable business
performance," said Michael Rhodes,
Ally's chief executive officer. "Anticipating changes to
regulations and laws through a unified approach will continue to be
a critical focus at Ally, and Hope's exceptional thought leadership
and business influence will help us deliver even greater impact in
this next chapter."
Mehlman serves as a member of the oversight committee of the
Best Practice Principles Group for Shareholder Voting Research
Providers and is the chair of its nominating and governance
committee.
In 2024, Mehlman was named a General Counsel of the Year by
Women, Influence and Power in Law, and in 2023, she was inducted
into the Corporate Governance Hall of Fame by Governance
Intelligence. She was also the recipient of the 2023 "William H. Avery Award for Equal Access to
Justice" presented by Legal Aid Society, Metropolitan Family
Services, Chicago. She's also a
frequent guest lecturer at Stanford and a contributing author of several
whitepapers.
Mehlman holds a Bachelor of Arts from Cornell University, a Juris Doctor from
Seton Hall University Law School, and a
Master of Laws in Taxation from New York
University School of Law.
About Ally Financial
Ally Financial Inc. (NYSE: ALLY) is a financial services company
with the nation's largest all-digital bank and an industry-leading
auto financing business, driven by a mission to "Do It Right" and
be a relentless ally for customers and communities. The company
serves approximately 11 million customers through a full range of
online banking services (including deposits, mortgage, and credit
card products) and securities brokerage and investment advisory
services. The company also includes a robust corporate finance
business that offers capital for equity sponsors and middle-market
companies, as well as auto financing and insurance offerings. For
more information, please visit www.ally.com.
For more information and disclosures about Ally,
visit https://www.ally.com/#disclosures.
For further images and news on Ally, please
visit http://media.ally.com.
Contacts:
Jackie Hartzell
Ally Communications (Media)
980-270-4244
jackie.hartzell@ally.com
Sean Leary
Ally Investor Relations
704-444-4830
sean.leary@ally.com
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SOURCE Ally Financial