Jeffrey J. Brown, also known as Jeff, serves as the Chief Executive Officer and Founding Member of Brown Equity Partners LLC (BEP). Mr. Brown has been the Chief Executive Officer of Ally Financial Inc. since February 2, 2015. He served as the Chief Executive Officer and President of Dealer Financial Services Business for Ally Financial Inc. from March 2014 to February 2, 2015. He served as a Senior Executive Vice President of Finance and Corporate Planning at Ally Financial Inc. from June 2011 to March 2014. He oversees the finance, treasury and corporate strategy activities of the Ally Financial. He joined Ally Financial in March 2009 as Corporate Treasurer with responsibility for global treasury activities, including funding and balance sheet management. From March 2008 to February 2009, he served as the Corporate Treasurer for Bank of America Corporation, where he was responsible for the core treasury functions, including funding and managing interest rate risk and also served as its Deputy Treasurer until March 2008. He served for 10 years at Bank of America, beginning his career in finance and joined the Balance Sheet Management Division. At Bank of America, he served as Deputy Treasurer until March 2008 and oversaw balance sheet management and the corporate funding division. Prior to founding BEP in January 2007, he served as a Founding Partner and Primary Deal Originator for the venture capital and private equity firm Forrest Binkley Brown (FBB) from 1993 to January 2007. Before founding FBB, he served as a Senior Vice President of Bank America Venture Capital Group from 1990 to 1993 and as a Senior Vice President of Security Pacific Capital Corporation from 1987 to 1990. He also worked at the preferred stock desk of Morgan Stanley Co in 1986 and as a Software Engineer at Hughes Aircraft Company from 1983 to 1985. He has been a Director of Ally Financial Inc. since February 2, 2015. He serves as Lead Director and Director at Medifast Inc. He serves on the Trevillian Cabinet of the College of Business and Behavioral Sciences at Clemson University and on the Board of Advisors for the McColl School of Business at Queens University of Charlotte. Mr. Brown received a Bachelor's Degree in Economics from Clemson University and an Executive Master's Degree in Business from Queens University in Charlotte.
Ally Financial Inc., previously known as GMAC Inc. (an acronym for General Motors Acceptance Corporation), is a bank holding company headquartered in Detroit, Michigan, United States at Tower 200 of the Renaissance Center.
The bank has more than 15 million customers worldwide and provides a range of financial services including auto financing, corporate financing, insurance, mortgage services, and online banking. In 2009, Ally employed 18,900 people. In 2008, the firm provided financing to 75% of the 6,450 General Motors dealers.
