Franklin (Fritz) W. Hobbs - Chairman
Franklin (Fritz) Hobbs currently serves as an advisor to One Equity Partners LLC, which manages investments and commitments for JPMorgan Chase & Co. in direct private equity transactions. Hobbs was appointed to the Ally Financial Inc. board in May 2009. He also serves as chairman of the board.
He was previously the chief executive officer of Houlihan Lokey Howard & Zukin. In that role, he oversaw all operations, which included advisory services for mid-market companies involved in mergers and acquisitions and corporate restructurings, including the sale of distressed assets and other turnaround situations. Houlihan Lokey also raises private and public equity for mid-sized private and small-cap public companies. He has also served as chairman at UBS AG’s Warburg Dillon, Read & Co. Inc. unit. Prior to that, he was president and CEO of Dillon, Read & Co. Inc.
Hobbs earned his bachelor’s degree from Harvard College and master’s in business administration from Harvard University. He also serves as a director on the boards of the Lord Abbett & Company and Molson Coors Brewing Company.