What Happened?
Detroit, MI-based Ally Financial has appointed Michael Baresich as Chief Information Officer.
About the Company
Ally Financial Inc. (NYSE: Ally) is a leading digital financial services company and a top 25 U.S. financial holding company offering financial products for consumers, businesses, automotive dealers and corporate clients. Ally`s legacy dates back to 1919, and the company was redesigned in 2009 with a distinctive brand, innovative approach and relentless focus on its customers. Ally has an award-winning online bank (Ally Bank, Member FDIC), one of the largest full service auto finance operations in the country, a complementary auto-focused insurance business, a growing wealth management and brokerage platform, and a trusted corporate finance business offering capital for equity sponsors and middle-market companies. We extend equal employment opportunities to qualified applicants and employees on an equal basis regardless of an individual`s age, race, color, sex, religion, national origin, disability, sexual orientation, gender identity or expression, pregnancy status, marital status, military or veteran status, genetic disposition or any other reason protected by law.
About the Person
Michael Baresich joined Ally Financial in January 2012 as chief information officer. In this role, he has global responsibility for all information technology and related services. Prior to joining Ally, Baresich was executive vice president and chief information officer of CIT Group, where he was responsible for all information technology development, operations and infrastructure worldwide. In addition to his role at CIT, Baresich served in various senior-level IT positions over a span of 20 years, including: managing director and global chief information officer at Citigroup Asset Management (acquired by Legg Mason in 2005); CEO of CoKinetic Systems Corp., a software development and services company; and global head of Information Technology and Operations for Deutsche Bank Asset Management. Baresich received a bachelor’s degree from Harpur College at Binghamton University and master’s degrees from the University of Florida and The Wharton School of the University of Pennsylvania. He serves on the board of directors for CoKinetic Systems Corporation.
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