Jenn LaClair joined Ally Financial as chief financial officer designate, effective December 18, 2017, with the intent that she will succeed current CFO Chris Halmy. Halmy will retire after eight years of service on March 1, 2018. Charlotte, NC-based LaClair will report to Ally CEO Jeffrey Brown.

“Since joining us in 2009, Chris has been a driving force in nearly every important and transformational initiative we’ve successfully undertaken as a company,” Brown said. “Beyond his contributions from a financial perspective, Chris has served as a true champion of our culture and a tremendous partner to me, the board and the rest of the executive team.”

Before joining Ally, LaClair spent 10 years in various business and finance roles at PNC Financial Services Group. Most recently, she served as head of the business bank and was charged with setting strategy, driving performance and managing risk. Prior to that, she served as CFO for all of PNC’s lines of business. Earlier, she consulted with McKinsey and Company where she focused on strategy, efficiency improvement and operational transformations.

“We are pleased to welcome [Jenn] to the Ally team. Beyond her deep financial acumen is a strong cultural fit with the leadership team which will enable a seamless transition with Chris,” Brown said.