Ally Financial Inc. has announced a series of key leadership changes designed to help the company prepare for future growth and challenges.
Effective immediately, Stephanie Richard has been appointed as the company’s new Chief Risk Officer. In this role, she will oversee Ally’s independent risk management operations. Richard, who has been with Ally for nearly 27 years, has held several senior positions within the finance, treasury, and risk management areas, including Chief Audit Executive and Deputy Chief Risk Officer. Throughout her career, she has built a strong relationship with regulators and developed the company’s risk appetite framework and stress testing processes. Jason Schugel, the former Chief Risk Officer, will move into an interim senior advisor position before departing from the company.
In addition, Meghan (Meg) Ryan has been promoted to Chief Audit Executive, taking over from Richard. Ryan, who has been with Ally for 13 years, previously served as the Chief Financial Officer for the company’s Consumer and Commercial Banking divisions. She has held various roles related to finance and treasury during her tenure. Ryan’s leadership has earned her recognition, including being named one of American Banker’s Most Powerful Women in Banking NEXT honorees in 2020 and receiving a spot on the Charlotte Business Journal’s 40 Under 40 list last year.
The company also announced that Lindsay Sacknoff will join Ally as Head of Deposits and Invest, including Customer Care and Experience. Based in Charlotte, Sacknoff brings more than 20 years of experience in banking. Most recently, she led USAA’s payments and omnichannel sales and services organisation. Before that, she held various roles at TD Bank, including Head of US Consumer Deposits, Products, and Payments. Sacknoff was also recognised as one of American Banker’s Most Powerful Women in Banking NEXT honorees in 2020.
Ally Financial Inc. is a leading digital financial services company, operating the nation’s largest all-digital bank and a top auto financing business. The company serves around 11 million customers with a wide range of online banking services, including deposits, mortgages, and credit card products, as well as securities brokerage and investment advisory services.