Ally Financial Inc. (NYSE:ALLY) Q3 2022 Earnings Conference Call October 19, 2022 9:00 AM ET
Company Participants
Sean Leary - Head, Investor Relations
Jeff Brown - Chief Executive Officer
Jenn LaClair - Outgoing Chief Financial Officer
Brad Brown - Interim Chief Financial Officer
Conference Call Participants
Ryan Nash - Goldman Sachs
Moshe Orenbuch - Credit Suisse
Betsy Graseck - Morgan Stanley
Sanjay Sakhrani - KBW
Operator
Good day and thank you for standing by. Welcome to the Ally Financial Third Quarter 2022 Earnings Conference Call. At this time, all participants are in a listen-only mode. After the speaker’s presentation, there will be a question-and-answer session. [Operator Instructions] Please be advised that today’s conference is being recorded.
I would now like to hand the conference over to your speakers today, Sean Leary, Head of Investor Relations. Please go ahead.
Sean Leary
Thank you, Carmen. Good morning and welcome to Ally Financial’s third quarter 2022 earnings call. This morning, our CEO, Jeff Brown; and our Interim CFO, Brad Brown will review Ally’s results before taking questions. Jenn LaClair has also joined for the beginning of today's call. The presentation will reference can be found on the Investor Relations section of our website, ally.com.
Forward-looking statements and risk factor language governing today's call are on slide 2. GAAP and non-GAAP measures pertaining to our operating performance and capital results are on slide 3. As a reminder, non-GAAP or core metrics are supplemental to and not a substitute for US GAAP measures. Definitions and reconciliations can be found in the appendix.
And with that, I will turn the call over to JB.
Jeff Brown
Thank you, Sean. Good morning, everyone. Before diving into the results, I'd like to express my sincere thanks and appreciation to Jenn LaClair, who we announced yesterday, will be leaving the company over the coming months. Jenn has been instrumental in our company's evolution over the past five years. She's been a great partner to me, but more importantly, a great leader to Ally and a great person. She's been a champion of Ally's do-it-right culture from day one. And while we're sad to see her go, we're grateful for her contributions to the company and wish her the best in this next chapter.
Obviously, CFO transitions are never easy, but we have a strong bench in place that will work closely with me while we launch a search. I am thankful for both Brad and Sean stepping up in the days to come. I know Jenn is excited to pursue her next chapter of opportunities and candidly that’s hard to do while serving as a CFO. So we mutually determined now is the best time for a change and in advance of an even more fluid macro environment.