Ally Financial has announced that Jenn LaClair will be joining the company to succeed Ally's chief financial officer, Chris Halmy, who is set to retire in March 2018.
LaClair will report to Ally's chief executive officer, Jeffrey Brown, and be based at the company headquarters in Charlotte, North Carolina.
Brown said: “Since joining us in 2009, Chris has been a driving force in nearly every important and transformational initiative we've successfully undertaken as a company; from funding the business during the height of the financial crisis, to our initial public offering, to our efforts to grow and diversify Ally with new lines of business and offerings, he has been instrumental.
"Beyond his contributions from a financial perspective, Chris has served as a true champion of our culture, and a tremendous partner to me, the board and the rest of the executive team. I want to thank him for his contributions, service and leadership at Ally.”
LaClair joins Ally from PNC Financial Services Group, where she spent 10 years in business and finance roles.
Most recently, she served as the head of the business bank and was charged with setting strategy, driving performance and managing risk.
Prior to that, she served as chief financial officer for all of PNC's lines of business.
She has also consulted with McKinsey and Company, where she focused on strategy, efficiency improvement and operational transformations.
Brown said: “Jenn brings significant experience from the financial services industry which will be key as we accelerate our growth and evolution as a leading digital financial services company, and we are pleased to welcome her to the Ally team.
“Beyond her deep financial acumen is a strong cultural fit with the leadership team which will enable a seamless transition with Chris.”