The estimated Net Worth of Douglas R. Timmerman is at least $9.71 Million dollars as of 1 March 2022. Mr. Timmerman owns over 2,916 units of Ally Inc stock worth over $4,567,681 and over the last 6 years he sold ALLY stock worth over $1,605,646. In addition, he makes $3,534,510 as President of Auto Finance at Ally Inc.
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Mr. Timmerman ALLY stock SEC Form 4 insiders trading
Douglas has made over 11 trades of the Ally Inc stock since 2021, according to the Form 4 filled with the SEC. Most recently he sold 2,916 units of ALLY stock worth $143,496 on 1 March 2022.
The largest trade he's ever made was selling 2,917 units of Ally Inc stock on 1 November 2021 worth over $140,308. On average, Douglas trades about 1,003 units every 10 days since 2019. As of 1 March 2022 he still owns at least 138,962 units of Ally Inc stock.
You can see the complete history of Mr. Timmerman stock trades at the bottom of the page.
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Douglas Timmerman biography
Douglas R. Timmerman serves as President of Auto Finance of the Company. He is responsible for developing strategy and driving performance for the company’s automotive business, which offers a full suite of innovative automotive finance products and services. He is also charged with leading the effort to diversify and expand the company’s dealer network and drive digital innovation. Previously, Mr. Timmerman had been the president of Ally Insurance since 2014. Mr. Timmerman had responsibility for all insurance operations, which included consumer products such as vehicle service contracts, maintenance contracts, and GAP coverage, as well as commercial property and casualty products for dealers. Mr. Timmerman’s thirty-three years at Ally, spanning leadership positions across the automotive finance and insurance business, make his understanding of this dynamic industry unparalleled. Prior to leading the insurance business, Mr. Timmerman was Vice President of Automotive Finance for the southeast region in Atlanta. In that capacity, he was responsible for sales, risk management, and portfolio management for more than 4,000 dealer relationships across 11 states. Since joining Ally in 1986, he has held a variety of leadership roles in different areas including commercial lending, consumer lending, collections, sales, and marketing. His experience also includes a broad geographical reach, holding assignments that have touched nearly every state. The Nebraska native began his career with Ally shortly after earning his master’s degree in business administration from the University of Nebraska. He also holds a bachelor’s degree from the University of Nebraska. Mr. Timmerman supports several organizations and research efforts associated with finding a cure for Type 1 diabetes. He is an active volunteer and supporter of Children’s Hospital of Atlanta and the Juvenile Diabetes Research Foundation.
What is the salary of Douglas Timmerman?
As the President of Auto Finance of Ally Inc, the total compensation of Douglas Timmerman at Ally Inc is $3,534,510. There are 3 executives at Ally Inc getting paid more, with Jeffrey Brown having the highest compensation of $10,642,100.
How old is Douglas Timmerman?
Douglas Timmerman is 57, he's been the President of Auto Finance of Ally Inc since 2018. There are 10 older and 14 younger executives at Ally Inc. The oldest executive at Ally Financial Inc is John Stack, 74, who is the Independent Director.
Insiders trading at Ally Inc
Over the last 11 years, insiders at Ally Inc have traded over $18,894,155 worth of Ally Inc stock and bought 93,540 units worth $1,883,650 . The most active insiders traders include Thomas P Gibbons, Jeffrey Jonathan Brown, and Franklin W Iv Hobbs. On average, Ally Inc executives and independent directors trade stock every 5 days with the average trade being worth of $103,968. The most recent stock trade was executed by David J Debrunner on 29 December 2023, trading 3,750 units of ALLY stock currently worth $131,250.
What does Ally Inc do?
ally financial inc. (nyse: ally) is a leading digital financial services company and a top 25 u.s. financial holding company offering financial products for consumers, businesses, automotive dealers and corporate clients. ally's legacy dates back to 1919, and the company was redesigned in 2009 with a distinctive brand, innovative approach and relentless focus on its customers. ally has an award-winning online bank (ally bank, member fdic), one of the largest full service auto finance operations in the country, a complementary auto-focused insurance business, a growing wealth management and brokerage platform, and a trusted corporate finance business offering capital for equity sponsors and middle-market companies. we extend equal employment opportunities to qualified applicants and employees on an equal basis regardless of an individual’s age, race, color, sex, religion, national origin, disability, sexual orientation, gender identity or expression, pregnancy status, marital status, mi
What does Ally Inc's logo look like?
Complete history of Mr. Timmerman stock trades at Ally Inc
Ally Inc executives and stock owners
Ally Inc executives and other stock owners filed with the SEC include:
-
Jeffrey Brown,
Chief Executive Officer, Director -
Jeffrey J. Brown,
CEO & Director -
Diane Morais,
President - Consumer & Commercial Banking Products -
Douglas Timmerman,
President of Auto Finance -
Jennifer LaClair,
Chief Financial Officer -
Scott Stengel,
General Counsel -
Douglas R. Timmerman,
Pres of Dealer Financial Services -
Diane E. Morais,
Pres of Consumer & Commercial Banking - Ally Bank -
Jennifer A. LaClair,
Chief Financial Officer -
Scott A. Stengel,
Gen. Counsel -
Franklin Hobbs,
Independent Chairman of the Board -
Kim Fennebresque,
Independent Director -
William Cary,
Independent Director -
Kenneth Bacon,
Independent Director -
Michael Steib,
Independent Director -
John Stack,
Independent Director -
Maureen Breakiron-Evans,
Independent Director -
Katryn Blake,
Independent Director -
Brian Sharples,
Independent Director -
Marjorie Magner,
Independent Director -
Mayree Clark,
Independent Director -
David DeBrunner,
Chief Accounting Officer, Vice President, Controller -
Jason Schugel,
Chief Risk Officer -
Sathish Muthukrishnan,
Chief Information, Data and Digital Officer -
Sean Leary,
Head of Investor Relations -
Dinesh Chopra,
Chief Strategy & Corp. Devel. Officer -
Andrea C. Brimmer,
Chief Marketing & PR Officer -
Daniel Soto,
Chief Compliance Officer -
Daniel Eller,
Exec. Director of Investor Relations -
David J. DeBrunner,
VP, Corp. Controller & Chief Accounting Officer -
Robert T Blakely,
Director -
Timothy M. Russi,
President, Auto Finance -
David P Shevsky,
Chief Risk Officer -
Christopher A Halmy,
Chief Financial Officer -
Isvara M. Wilson,
Acting General Counsel -
William B Jr Solomon,
GVP and General Counsel -
Brian M Gunn,
Chief Risk Officer -
Mathew Pendo,
Director -
William F Muir,
President -
Gerald Greenwald,
Director -
Barbara A. Yastine,
CEO & President, Ally Bank -
Michael A Carpenter,
Chief Executive Officer -
Brian P Mac Donald,
Director -
Henry S Miller,
Director -
Bradley J. Brown,
Interim CFO -
David Reilly,
-
Melissa Goldman,
-
Thomas P Gibbons,
-
Russell E. Hutchinson,
Chief Financial Officer