The estimated Net Worth of Franklin W Iv Hobbs is at least $3.42 Million dollars as of 13 March 2020. Mr. Hobbs owns over 10,000 units of Ally Inc stock worth over $3,026,341 and over the last 17 years he sold ALLY stock worth over $0. In addition, he makes $395,071 as Independent Chairman of the Board at Ally Inc.
Franklin has made over 8 trades of the Ally Inc stock since 2012, according to the Form 4 filled with the SEC. Most recently he bought 10,000 units of ALLY stock worth $203,000 on 13 March 2020.
The largest trade he's ever made was exercising 215,000 units of Ally Inc stock on 31 December 2018 worth over $7,067,050. On average, Franklin trades about 3,487 units every 24 days since 2008. As of 13 March 2020 he still owns at least 92,070 units of Ally Inc stock.
You can see the complete history of Mr. Hobbs stock trades at the bottom of the page.
Franklin W. Hobbs IV serves as Independent Chairman of the Board of the Company. Mr. Hobbs served as President and Chief Executive Officer of Ribbon Communications Inc. from December 2017 through November 2019. Since 2004, he has been an advisor to One Equity Partners LLC. He was previously the Chief Executive Officer of Houlihan Lokey Howard & Zukin. In that role, he oversaw all operations, which included advisory services for mid-market companies involved in mergers and acquisitions and corporate restructurings. He previously was Chairman of UBS AG’s Warburg Dillon Read Inc. unit. Prior to that, he was President and Chief Executive Officer of Dillon, Read & Co. Inc. Mr. Hobbs earned his bachelor’s degree from Harvard College and master’s degree in business administration from Harvard Business School. He currently serves as a director on the public-company board of Molson Coors Brewing Company. Mr. Hobbs previously served as a director of privately held Lord Abbett & Company from 2000 through 2018, as Chairman of the Supervisory Board of BAWAG P.S.K. from March 2013 through March 2017, and as a director of Ribbon Communications Inc. from December 2017 through November 2019. Mr. Hobbs is nominated to be a director because he brings experience in senior executive leadership, the financial-services industry, regulatory and governmental matters, risk management, finance and accounting, technology, and public-company board service.
As the Independent Chairman of the Board of Ally Inc, the total compensation of Franklin Hobbs at Ally Inc is $395,071. There are 10 executives at Ally Inc getting paid more, with Jeffrey Brown having the highest compensation of $10,642,100.
Franklin Hobbs is 72, he's been the Independent Chairman of the Board of Ally Inc since 2009. There are 1 older and 23 younger executives at Ally Inc. The oldest executive at Ally Financial Inc is John Stack, 74, who is the Independent Director.
Over the last 11 years, insiders at Ally Inc have traded over $18,894,155 worth of Ally Inc stock and bought 93,540 units worth $1,883,650 . The most active insiders traders include Thomas P Gibbons, Jeffrey Jonathan Brown, and Franklin W Iv Hobbs. On average, Ally Inc executives and independent directors trade stock every 5 days with the average trade being worth of $103,968. The most recent stock trade was executed by David J Debrunner on 29 December 2023, trading 3,750 units of ALLY stock currently worth $131,250.
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, mi
Ally Inc executives and other stock owners filed with the SEC include: