Michael Baresich joined Ally in January 2012 as the chief information officer. In this role, he has responsibility for global information technology and related services; restructuring/application development, including the efforts associated with all bank holding company transformation; and activities related to process improvement, quality and productivity (Six Sigma).
Prior to joining Ally, Baresich was executive vice president and chief information officer of CIT Group in New York since 2006, where he was responsible for all Information Technology development, operations and infrastructure worldwide. In this role, he oversaw seven divisional CIOs and a staff of 600 IT professionals, as well as the financial company’s offshore
development center and U.S. and international data centers. Baresich also led an enterprisewide organizational effectiveness initiative focused on cost efficiency and oversaw CIT’s Bank
Holding Company transformation program, responsible for all dimensions of the organization’s conversion from non-bank to a regulated institution.
In addition to his role at CIT, Baresich served in various senior-level IT positions over a span of 20 years, including: managing director and global chief information officer at Citigroup Asset Management (acquired by Legg Mason in 2005) in Stamford, Conn., where he led all planning, development, and operation of Information Technology worldwide; CoKinetic Systems Corp., also in Stamford, Conn., where he was CEO of this software development and services company; and Deutsche Bank Asset Management in New York, where he was managing director and global head of Information Technology and Operations.
Baresich received a bachelor’s degree from Harpur College at Binghamton University in New York and master’s degrees from the University of Florida and The Wharton School at the University of Pennsylvania. He serves on the board of directors for CoKinetic Systems Corporation.