Ally Financial

The WNBA has a new Ally: Las Vegas Aces and Ally Financial Announce Multi-Year Deal, Aces Players Join Team Ally

Retrieved on: 
Tuesday, March 5, 2024

CHARLOTTE, N.C. and LAS VEGAS, March 5, 2024 /PRNewswire/ -- Ally Financial Inc. (NYSE: ALLY), a leading brand in women's sports, and the Las Vegas Aces, the reigning back-to-back WNBA Champions, today announced a new multi-year, multi-million-dollar deal. Among the terms of the agreement, Ally becomes the first-ever official retail banking partner of the Aces.

Key Points: 
  • Among the terms of the agreement, Ally becomes the first-ever official retail banking partner of the Aces.
  • Ally intends to be close to 50/50 by the end of 2024, but there's still work to be done.
  • "We are thrilled to partner with Ally Financial—a like-minded brand that aligns so significantly with the Las Vegas Aces' culture and values," said Aces president Nikki Fargas.
  • Team Ally also advises from a player-perspective on how Ally can create the biggest impact with its investments in women's sports.

The Allen Lewis Agency Named Ally Supplier Diversity: Supplier of the Year for 2024

Retrieved on: 
Friday, March 1, 2024

DETROIT, Feb. 29, 2024 /PRNewswire-PRWeb/ -- Ally Financial has recognized The Allen Lewis Agency, a full-service marketing and communications agency, as its Supplier Diversity: Supplier of the Year for 2024. The award was given at the Ally 4th annual Supplier Diversity & Sustainability Symposium, on Feb. 29 in Charlotte, N.C. In 2023, TALA led media outreach and marketing efforts for the fifth anniversary of Moguls in the Making, Ally's HBCU entrepreneurial pitch competition. It also introduced the brand to new opportunities such as the American Black Film Festival (ABFF), where Ally led a panel on financial education for filmmakers, and leveraged professional connections and years of experience in multicultural marketing to amplify Ally's partnership with UnitedMasters.

Key Points: 
  • The Allen Lewis Agency has been named the 2024 Ally Supplier Diversity: Supplier of the Year for their multi-cultural work and impact in the community.
  • DETROIT, Feb. 29, 2024 /PRNewswire-PRWeb/ -- Ally Financial has recognized The Allen Lewis Agency, a full-service marketing and communications agency, as its Supplier Diversity: Supplier of the Year for 2024.
  • The award was given at the Ally 4th annual Supplier Diversity & Sustainability Symposium, on Feb. 29 in Charlotte, N.C.
  • "We are honored to work with Ally and its incredible team members," said Jocelyn (Allen) Coley, co-founder and CEO of TALA.

Ally Financial to present at the RBC Capital Markets Financial Institutions Conference

Retrieved on: 
Wednesday, February 14, 2024

CHARLOTTE, N.C., Feb. 14, 2024 /PRNewswire/ -- Ally Financial Inc. (NYSE: ALLY) Chief Financial Officer Russ Hutchinson will present at the RBC Capital Markets Financial Institutions Conference on Wednesday, Mar.

Key Points: 
  • CHARLOTTE, N.C., Feb. 14, 2024 /PRNewswire/ -- Ally Financial Inc. (NYSE: ALLY) Chief Financial Officer Russ Hutchinson will present at the RBC Capital Markets Financial Institutions Conference on Wednesday, Mar.
  • 6, 2024 at approximately 10:00 a.m.
  • A live webcast will be available on the day of the conference at http://www.ally.com/about/investor/ under the Events and Presentations section of the Investor Relations website.
  • A replay will also be available.

Beta Boom Closes $14.5 Million Fund II to Invest in Software Solutions for Fastest-growing, Yet Least Served Populations

Retrieved on: 
Tuesday, February 13, 2024

SALT LAKE CITY, Feb. 13, 2024 /PRNewswire-PRWeb/ -- Beta Boom, a pre-seed and seed stage venture capital firm committed to achieving impact at scale, has closed a $14.5 million Fund II raised by Managing Partners Kimmy and Sergio Paluch. With Limited Partners that include Ally Bank, Pivotal Ventures (A Melinda French Gates Company), Bank of America, and Atento Capital, the fund will support early-stage startups that address the most critical needs of the fastest-growing, yet least-served populations.

Key Points: 
  • Pre-seed and seed stage VC firm Beta Boom has closed a $14.5 million Fund II with limited partners including Ally Bank, Pivotal Ventures, Bank of America, and Atento Capital.
  • This fund will support early-stage startups that address the most critical needs of the fastest-growing, yet least-served populations.
  • SALT LAKE CITY, Feb. 13, 2024 /PRNewswire-PRWeb/ -- Beta Boom , a pre-seed and seed stage venture capital firm committed to achieving impact at scale, has closed a $14.5 million Fund II raised by Managing Partners Kimmy and Sergio Paluch.
  • "The closing of this fund allows us to continue investing in software startups that not only solve real and meaningful problems, but that also have strong market potential.

Rita Case Wins Prestigious TIME Dealer of the Year Award

Retrieved on: 
Thursday, February 8, 2024

Rita Case, president and CEO of Rick Case Automotive Group, the nation’s largest female owned and operated automotive dealer group in America, received the 55th Annual TIME Dealer of the Year Award, one of the automotive industry’s most prestigious and highest honors for a dealer.

Key Points: 
  • Rita Case, president and CEO of Rick Case Automotive Group, the nation’s largest female owned and operated automotive dealer group in America, received the 55th Annual TIME Dealer of the Year Award, one of the automotive industry’s most prestigious and highest honors for a dealer.
  • Rita is only the fifth woman to be named TIME Dealer of the Year.
  • TIME Dealer of the Year is the highest honor and most prestigious recognition an auto dealer can receive from the auto industry, and I am humbled and grateful for this award,” Rita said, as she received the award during the 107th Annual NADA Show in Las Vegas.
  • In 2023, the Community Foundation of Broward recognized Rita as a Community Builder and celebrated the establishment of the Rita & Rick Case Family Fund during a special ceremony.

Sonida Senior Living Announces $47.75 Million Equity Raise to Fund Discounted Debt Purchase, Accretive Capital Investments within the Existing Portfolio and Acquisitions

Retrieved on: 
Tuesday, February 6, 2024

The shares were issued at $9.50 per share, a 5% premium to the 30-day volume weighted average price prior to closing.

Key Points: 
  • The shares were issued at $9.50 per share, a 5% premium to the 30-day volume weighted average price prior to closing.
  • The holders of a majority of the Company’s voting securities have agreed to vote in favor of such an increase.
  • The Company’s debt has a weighted-average remaining term of 3.7 years, with only $31.8 million maturing prior to December 2026.
  • The capital earmarked for growth is expected to provide certainty and speed in executing on near-term, bolt-on investment opportunities as they arise.

Lenders Cooperative Appoints Accomplished Technology Leader as Chief Technology Officer

Retrieved on: 
Thursday, February 1, 2024

Lenders Cooperative, a Summit Technology Group company, is excited to announce the appointment of Charlie Turri as its Chief Technology Officer (CTO).

Key Points: 
  • Lenders Cooperative, a Summit Technology Group company, is excited to announce the appointment of Charlie Turri as its Chief Technology Officer (CTO).
  • With a proven track record and extensive experience in all facets of technology, Charlie will play a pivotal role in steering Lenders Cooperative's continued technological evolution.
  • "We are thrilled to welcome Charlie Turri to the Lenders Cooperative family," said Cary Cooper, CEO of Lenders Cooperative.
  • Charlie expressed enthusiasm about joining Lenders Cooperative, stating, “I am thrilled to be a part of the Lenders Cooperative team.

Arkose Labs Appoints David Reilly to its Board of Directors

Retrieved on: 
Tuesday, January 30, 2024

Arkose Labs , the global leader in bot management and account security, today announced the appointment of David Reilly , former CIO and CTO of Bank of America, to its Board of Directors.

Key Points: 
  • Arkose Labs , the global leader in bot management and account security, today announced the appointment of David Reilly , former CIO and CTO of Bank of America, to its Board of Directors.
  • View the full release here: https://www.businesswire.com/news/home/20240130289556/en/
    Former CIO and CTO of Bank of America David Reilly joins Arkose Labs’ Board of Directors (Photo: Business Wire)
    Reilly is a veteran technology executive, specializing in the globally regulated banking industry.
  • “As a distinguished visionary, strategist, and technologist, David brings a valuable point of view and a unique set of bank-industry experiences to our board,” said Kevin Gosschalk , founder and CEO, Arkose Labs.
  • The Arkose Global Intelligence Consortium provides a broad network effect that ultimately helps restore consumer trust across the digital marketplace.

It's Official: Ally Financial and USGA Ink Multi-Year Deal

Retrieved on: 
Thursday, February 1, 2024

In addition to this partnership announcement, Ally also signed Lilia Vu to Team Ally.

Key Points: 
  • In addition to this partnership announcement, Ally also signed Lilia Vu to Team Ally.
  • This deal contributes to the 50/50 Pledge as Ally will now integrate into the USGA's best-in-class media coverage.
  • In addition to this landmark partnership, Ally is also revealing its latest addition to Team Ally: Lilia Vu (No.
  • Team Ally is a collective of influential athletes and creators who are teamed up with Ally to help make women's sports hard to miss.

Amanda Norton appointed to Royal Bank of Canada's Board of Directors

Retrieved on: 
Wednesday, January 31, 2024

TORONTO, Jan. 31, 2024 /CNW/ - Royal Bank of Canada (TSX: RY) (NYSE: RY) today announced that Amanda (Mandy) Norton is appointed to its Board of Directors, effective February 1, 2024.

Key Points: 
  • TORONTO, Jan. 31, 2024 /CNW/ - Royal Bank of Canada (TSX: RY) (NYSE: RY) today announced that Amanda (Mandy) Norton is appointed to its Board of Directors, effective February 1, 2024.
  • She has also held progressively senior risk and finance positions at JPMorgan Chase & Co., Ally Financial, and Bank of America.
  • Ms. Norton also recently served on the board of directors for Credit Suisse Group AG until November 2023, and serves on the board of Generation Investment Management LLC.
  • For more information on RBC's Board of Directors, please visit our Corporate Governance site .