Jeffrey Brown

Doug Timmerman was named interim CEO of Ally Financial following the departure of Jeffrey J. Brown, the company announced in a press release. Brown announced he would step down in October after fourteen years with the company, nine as CEO. He set his final day as January 31, or an earlier date as determined by the Chair of the Board. Brown steered Ally toward mortgages and auto loans during his tenure, after the company rebranded from GMAC as part of General Motors. As part of that mortgage push, Ally’s home lending arm partnered with HouseCanary to incorporate its portal ComeHome into its website. “What began in 2009 as the financial reengineering of a company ultimately became a bank that truly…