ALLY FINANCIAL INC. (NYSE:ALLY) Files An 8-K Submission of Matters to a Vote of Security HoldersItem 5.07
On May 8, 2018, Ally Financial Inc. (Ally) held its annual meeting of stockholders (Annual Meeting). The results of voting on matters brought before stockholders are shown below.
Proposal 1 — Election of Directors
| Broker | ||||
| For | Against | Abstain | Non-Votes | |
| Franklin W. Hobbs | 369,595,612 | 15,916,438 | 1,587,776 | 11,611,806 |
| Kenneth J. Bacon | 384,720,978 | 2,019,349 | 359,499 | 11,611,806 |
| Maureen A. Breakiron-Evans | 386,702,506 | 42,755 | 354,565 | 11,611,806 |
| William H. Cary | 386,180,554 | 557,644 | 361,628 | 11,611,806 |
| Mayree C. Clark | 386,676,928 | 66,063 | 356,835 | 11,611,806 |
| Kim S. Fennebresque | 382,274,428 | 4,465,301 | 360,097 | 11,611,806 |
| Marjorie Magner | 386,669,034 | 75,306 | 355,486 | 11,611,806 |
| John J. Stack | 386,647,835 | 89,265 | 362,726 | 11,611,806 |
| Michael F. Steib | 386,682,344 | 55,627 | 361,855 | 11,611,806 |
| Jeffrey J. Brown | 386,670,212 | 72,863 | 356,751 | 11,611,806 |
Proposal 2 — Advisory Vote on Executive Compensation
| Broker | |||
| For | Against | Abstain | Non-Votes |
| 359,752,980 | 26,794,086 | 552,760 | 11,611,806 |
Proposal 3 — Ratification of the Audit Committee’s Engagement of Deloitte & Touche LLP as the Company’s Independent Registered Public Accounting Firm for 2018
| For | Against | Abstain |
| 388,788,425 | 9,546,501 | 376,706 |
| Item 7.01 | Regulation FD Disclosure. |
On May 8, 2018, at the Annual Meeting, Ally’s Chief Executive Officer (CEO) spoke about Ally’s financial and operational performance and strategy. A transcript of the CEO’s remarks is attached hereto as Exhibit 99.1. The information in this Item 7.01 and Exhibit 99.1 is being furnished and is not deemed to be “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that Section.
| Item 9.01 | Financial Statements and Exhibits. |
| Exhibit No. | Description |
| 99.1 | CEO’s Annual Meeting Script |
Ally Financial Inc. ExhibitEX-99.1 2 dp90851_ex9901.htm EXHIBIT 99.1 Exhibit 99.1 CEO Remarks Good morning,…To view the full exhibit click here
About ALLY FINANCIAL INC. (NYSE:ALLY)
Ally Financial Inc. is a financial holding company and a bank holding company. The Company’s banking subsidiary, Ally Bank, is a franchise in the Internet, telephone, mobile and mail banking market. The Company operates through three segments: Automotive Finance operations, Insurance operations and Mortgage operations. Its Automotive Finance operations segment provides automotive financing services to consumers and automotive dealers. Its Insurance operations segment offers both consumer financial and insurance products sold through the automotive dealer channel, and commercial insurance products sold to dealers. Its Mortgage operations segment includes the management of its held-for-investment mortgage loan portfolio and the execution of bulk purchases of jumbo and low-to-moderate income (LMI) mortgage loans originated by third parties. Its main lines of business are Dealer Financial Services, which includes its Automotive Finance and Insurance operations, and Mortgage.
