Ally Financial announced a shuffling Wednesday at the top of its dealer financial services business.

William "Bill" Muir, the current head of the business, plans to retire by the end of the year, the company said in a news release. He will be succeeded by Jeffrey Brown, who is now senior vice president of finance and corporate planning at Ally.

Subscribe Now

Access to a full range of industry content, analysis and expert commentary.

30-Day Free Trial

No credit card required. Access coverage of the securitization marketplace, including breaking news updated throughout the day.