Ally Financial Inc. has announced the appointment of Bill Thompson as the
new director of RV financing, replacing Ed Arienti, who will be retiring
from the firm, according to a letter to dealers.

Mark Manzo, vice president, alliance sales, said in the letter that Thompson has been with Ally since 2010, most recently as RV floor plan finance manager. Prior to joining Ally, he was a senior vice president and national retail sales manager at KeyCorp in Cleveland where he established the company as a preferred commercial floorplan and retail lender within marine and RV manufacturer and dealer groups.

“Bill’s strong finance background will be an asset to Ally’s RV financing business,” said Manzo. “We look forward to helping our RV dealers succeed in the coming year with an unrelenting focus on best in class service and product offerings.”

Arienti is retiring after 38 years of RV and marine industry leadership experience that includes launching Ally’s RV financing business.

“Ed has been a highly valued leader for Ally’s RV business since the company branched out into the industry with Thor Credit Corporation in April 2010,” Manzo stated in the letter. “He successfully grew the RV product and developed it into a business of retail, wholesale and full bundle of products. He will assist with the transition through the end of the year. I appreciate Ed’s many significant contributions and wish him all the best in his well-deserved retirement and future endeavors.”