Kenneth Bacon - Ally Financial Independent Director

ALLY Stock  USD 36.12  0.66  1.86%   

Director

Mr. Kenneth J. Bacon serves as Independent Director of Ally Financial Inc. Mr. Bacon is the cofounder and a partner of RailField Realty Partners, a real estate asset management and privateequity firm based in Bethesda, Maryland. Prior to this, he held a number of leadership positions at Fannie Mae, most recently as Executive Vice President of the multifamily mortgage business. He retired from Fannie Mae in 2012 following a 19year career. Mr. Bacon also held executive positions at Resolution Trust Corporationrationration, Morgan Stanley Company, Inc., and Kidder Peabody Co. He currently serves on the publiccompany boards of Comcast Corporation and Welltower, Inc. He previously served as a director of Bentall Kennedy L.P. until its acquisition by Sun Life Financial of Canada in 2015 and as a director of Forest City Realty Trust, Inc. until its acquisition by Brookfield in 2018. Mr. Bacon earned a bachelors degree from Stanford University, a masters degree in international relations from the London School of Economics, and a masters degree from Harvard Business School since 2015.
Age 66
Tenure 10 years
Address Ally Detroit Center, Detroit, MI, United States, 48226
Phone866 710 4623
Webhttps://www.ally.com
Bacon is nominated to be a director because he brings experience in senior executive leadership, the financialservices industry, regulatory and governmental matters, risk management, technology, and publiccompany board service.

Kenneth Bacon Latest Insider Activity

Tracking and analyzing the buying and selling activities of Kenneth Bacon against Ally Financial stock is an integral part of due diligence when investing in Ally Financial. Kenneth Bacon insider activity provides valuable insight into whether Ally Financial is net buyers or sellers over its current business cycle. Note, Ally Financial insiders must abide by specific rules, including filing SEC forms every time they buy or sell Ally Financial'sshares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.

Ally Financial Management Efficiency

Return On Equity is likely to rise to 0.05 in 2025, whereas Return On Tangible Assets are likely to drop 0 in 2025. At this time, Ally Financial's Non Currrent Assets Other are fairly stable compared to the past year. Total Current Assets is likely to rise to about 52.3 B in 2025, whereas Total Assets are likely to drop slightly above 160.1 B in 2025. Ally Financial's management efficiency ratios could be used to measure how well Ally Financial manages its routine affairs as well as how well it operates its assets and liabilities.
Ally Financial currently holds 19.12 B in liabilities with Debt to Equity (D/E) ratio of 275.8, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Ally Financial has a current ratio of 0.83, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Note, when we think about Ally Financial's use of debt, we should always consider it together with its cash and equity.

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Ally Financial Inc., a digital financial-services company, provides various digital financial products and services to consumer, commercial, and corporate customers primarily in the United States and Canada. Ally Financial Inc. was founded in 1919 and is based in Detroit, Michigan. Ally Financial operates under Credit Services classification in the United States and is traded on New York Stock Exchange. It employs 10500 people. Ally Financial (ALLY) is traded on New York Stock Exchange in USA. It is located in Ally Detroit Center, Detroit, MI, United States, 48226 and employs 10,700 people. Ally Financial is listed under Consumer Finance category by Fama And French industry classification.

Management Performance

Ally Financial Leadership Team

Elected by the shareholders, the Ally Financial's board of directors comprises two types of representatives: Ally Financial inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Ally. The board's role is to monitor Ally Financial's management team and ensure that shareholders' interests are well served. Ally Financial's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Ally Financial's outside directors are responsible for providing unbiased perspectives on the board's policies.
John Stack, Independent Director
Kenneth Bacon, Independent Director
Diane Morais, President - Consumer and Commercial Banking Products
Katryn Blake, Independent Director
David DeBrunner, Chief Accounting Officer, Vice President Corporate Controller
Jeffrey Brown, Chief Executive Officer, Director
Mayree Clark, Independent Director
Michael Steib, Independent Director
Michael Rhodes, CEO Director
Stephanie Richard, Chief Executive
Bradley Brown, Corporate Treasurer
Andrea Brimmer, Chief Officer
Daniel Eller, President Insurance
Franklin Hobbs, Non executive Independent Chairman of the Board
Daniel Soto, Chief Officer
Jennifer LaClair, Chief Financial Officer
Maureen BreakironEvans, Independent Director
William Cary, Independent Director
Kathleen Patterson, Chief Officer
David Reilly, Independent Director
Scott Stengel, General Counsel
Sean Leary, Chief Officer
Douglas Timmerman, President of Dealer Financial Services
Sathish Muthukrishnan, Chief Information, Data and Digital Officer
Russell Hutchinson, Chief Officer
Melissa Goldman, Independent Director
Marjorie Magner, Independent Director
Hope Mehlman, Chief Officer
Brian Sharples, Independent Director
Jason Schugel, Chief Risk Officer
Kim Fennebresque, Independent Director
Jim Babcock, Senior Capital
Isvara Wilson, General Securities

Ally Stock Performance Indicators

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Additional Tools for Ally Stock Analysis

When running Ally Financial's price analysis, check to measure Ally Financial's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Ally Financial is operating at the current time. Most of Ally Financial's value examination focuses on studying past and present price action to predict the probability of Ally Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ally Financial's price. Additionally, you may evaluate how the addition of Ally Financial to your portfolios can decrease your overall portfolio volatility.