Mark Manzo was appointed president of insurance at Ally in the spring of 2018. In this role, he is responsible for all of Ally’s insurance operations including consumer products such as vehicle service contracts, maintenance contracts and GAP coverage as well as commercial property and casualty products for dealers.
Previously, Manzo, a 30-year industry veteran, was senior vice president of the central region and strategic alliances for Ally’s auto finance business, responsible for the sales and portfolio management of more than 3,000 dealer relationships across 11 states with a commercial portfolio exceeding $8 billion. He was also responsible for leading strategic opportunities and business relationships, including all automotive manufacturer preferred provider relationships as well as other strategic OEM relationships and projects. He successfully developed relationships with key dealers and digital providers that helped expand and diversify the business.
Prior to joining Ally in 2009, Manzo held a series of positions with increasing responsibility under the DaimlerChrysler Financial umbrella. He began his career in 1987 as a field auditor at Chrysler Credit and followed this with many key leadership roles including: president and CEO Latin America for Chrysler and Mercedes-Benz Financial in Mexico City, which included responsibility for the operating companies in Mexico, Brazil, Venezuela, Puerto Rico and Argentina. Just prior to joining Ally, he was vice president sales and marketing for Chrysler Financial. Manzo began his career shortly after earning his bachelor’s degree from Bloomsburg University in Pennsylvania.
Manzo sits on the board of Route One, one of the largest credit application systems in the auto industry, and is also one of the company’s founding members.
Manzo supports several charitable organizations and events including the Covenant House Sleep Out, where he sleeps outside on a wintery night in Detroit each year to raise awareness and funding to help get homeless children off the streets. He also supports VAMOS!, a non-profit that works to empower Mexico’s poor by offering education and job opportunities along with basic human services.