Michael Rhodes is the chief executive officer of Ally Financial Inc., responsible for driving Ally’s evolution as a full-service financial services company with the nation's largest all-digital bank and an industry-leading auto financing business. He also serves on the company’s board of directors.
Rhodes has more than 25 years of experience across retail and consumer banking and has a track record of delivering transformative digital, data, and technology strategies.
Prior to joining Ally in April 2024, Rhodes served as the CEO and president of Discover Financial Services and president of Discover Bank, as well as a member of the board of directors of Discover Financial Services and Discover Bank.
Before Discover, Rhodes spent over 12 years at TD Bank Group, serving as group head, Canadian Personal Banking, overseeing the division dedicated to retail products and serving customers through mobile, online, telephone, and a network of more than 1,000 branches. During his tenure at TD Bank, Rhodes also led North American Credit Card and Merchant Services and served as head of Innovation, Technology, and Shared Services. In this role, he strengthened operational resilience, security, and efficiency while improving the bank's capability to support emerging technologies, such as artificial intelligence and cloud migration.
Earlier in his career, he held senior leadership positions at Bank of America and MBNA America Bank. He managed businesses in Canada, the United States, the United Kingdom, Spain and Ireland in a variety of roles within payments and banking. He began his career as an engineer working for a leading engineering and scientific consulting firm.
Rhodes is active in supporting several important social causes and currently serves on the Board of Trustees of Duke University, where he also is the chair of the Governance Committee. Prior community boards include the United Way of Delaware, the Boys and Girls Club of Delaware, the Thurgood Marshall Scholarship Fund, Christiana Care Health Systems, the Delaware Symphony Orchestra, and Winterthur Garden Museum and Library.
Rhodes earned his Master of Business Administration from the Wharton School of Business at the University of Pennsylvania and holds a Bachelor of Science in engineering from Duke University.
What is Michael George Rhodes' net worth?
The estimated net worth of Michael George Rhodes is at least $953,738.60 as of January 27th, 2025. Mr. Rhodes owns 25,634 shares of Ally Financial stock worth more than $953,739 as of March 26th. This net worth evaluation does not reflect any other investments that Mr. Rhodes may own. Learn More about Michael George Rhodes' net worth.
How old is Michael George Rhodes?
Mr. Rhodes is currently 58 years old. There are 6 older executives and no younger executives at Ally Financial. The oldest executive at Ally Financial is Mr. Douglas R. Timmerman, President of Dealer Financial Services, who is 61 years old. Learn More on Michael George Rhodes' age.
How do I contact Michael George Rhodes?
The corporate mailing address for Mr. Rhodes and other Ally Financial executives is 500 WOODWARD AVE. FLOOR 10, DETROIT MI, 48226. Ally Financial can also be reached via phone at (866) 710-4623 and via email at investor.relations@ally.com. Learn More on Michael George Rhodes' contact information.
Has Michael George Rhodes been buying or selling shares of Ally Financial?
During the last quarter, Michael George Rhodes has bought $1,002,033.06 in Ally Financial stock. Most recently, on Monday, January 27th, Michael George Rhodes bought 25,634 shares of Ally Financial stock. The stock was acquired at an average cost of $39.09 per share, with a total value of $1,002,033.06. Following the completion of the transaction, the chief executive officer now directly owns 25,634 shares of the company's stock, valued at $1,002,033.06. Learn More on Michael George Rhodes' trading history.
Who are Ally Financial's active insiders?
Are insiders buying or selling shares of Ally Financial?
In the last twelve months, Ally Financial insiders bought shares 2 times. They purchased a total of 44,734 shares worth more than $1,755,528.06. The most recent insider tranaction occured on January, 27th when CEO Michael George Rhodes bought 25,634 shares worth more than $1,002,033.06. Insiders at Ally Financial own 0.7% of the company.
Learn More about insider trades at Ally Financial. Information on this page was last updated on 1/27/2025.
