Jeffrey J. Brown
Chief Executive Officer, Ally Financial Inc.
Jeffrey J. Brown (JB) was named chief executive officer of Ally Financial Inc. in February 2015 and also serves on its board of directors. Brown is driving Ally’s evolution as a leading digital financial services company. Under his leadership, Ally is building on its strengths in auto financing, retail deposits and corporate financing, as well as diversifying its offerings to include digital wealth management and online brokerage, credit card, mortgage products and point-of-sale lending.
Brown has deep financial services experience, previously serving in a variety of executive leadership positions at Ally and other leading financial institutions. Prior to being named CEO, Brown was president and CEO of Ally’s Dealer Financial Services business where he oversaw the auto finance, insurance and auto servicing operations. Brown joined Ally in March 2009 as corporate treasurer and, in 2011, was named executive vice president of finance and corporate planning, leading finance, treasury and corporate strategy initiatives.
Brown received a bachelor’s degree in economics from Clemson University and an executive MBA from Queens University in Charlotte. He serves on the Board of the Clemson University Foundation and is chairman of Queens’ Board of Trustees. Brown also serves as a member of the Charlotte Executive Leadership Council, which focuses on improving economic mobility and education issues in Mecklenburg County, N.C.
In 2022, American Banker named Brown Banker of the Year, recognizing his culture-first approach to leadership, his efforts to spearhead overdraft fee elimination industry-wide and Ally’s strong growth during his tenure.
In 2021, he served a one-year term as president of the Federal Advisory Council, having served as a representative for the Seventh Federal Reserve District since 2018.
Passionate about diversity and inclusion, he joined the first 150 members of the CEO Action for Diversity & Inclusion pledge, advancing D&I in the workplace as a competitive and societal issue. He was honored as CEO of the Year by the Thurgood Marshall College Fund in 2019.
He also received a 2016 Father of the Year award by the Father’s Day Council, benefiting the American Diabetes Association, for his commitment to family, career and community.