The U.S. Treasury on Wednesday said it appointed two directors to the board of auto lender Ally Financial Inc, which is 74 percent owned by the U.S. government after a series of bailouts during the financial crisis.
The addition of Henry Miller and Gerald Greenwald gives the Treasury its full allotment of six directors on the now 11-member board.
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Miller is the retired co-founder of restructuring firm Miller Buckfire & Co. Greenwald is a founder of Greenbriar Equity Group, a private equity firm that focuses global transportation.
The appointments were approved on Wednesday at a meeting of Ally's common stockholders. Current board members were also re-elected.