William B. Solomon, Jr.

Senior Advisor

Bill joined Ally Financial in 1999 to serve as General Counsel; he was named Group Vice President in 2004. In this role, he had responsibility for providing all legal services to Ally through the oversight of outside counsel and management of the 280-member legal staff. Bill was also responsible for the Secretary’s office, the Licensing department, the corporate compliance function, and the company’s record and information management activities. Prior to joining Ally, Bill was a commercial attorney and then manager of General Motors’ legal staff Credit and Insurance Practice Group from 1988 to 1999. From 1985 to 1988, Bill was General Counsel for Vixen Motor Company in Pontiac, MI, and from 1980 to 1985 worked as a regional staff attorney at Ford Motor Credit Company. Bill began his legal career with a two-year clerkship on the Michigan Court of Appeals.

Bill studied political science in Budapest, and law in London.  He and has lectured in Bratislava, Weisbaden, and Madrid on commercial lending, bankruptcy, and workouts. He has also published three articles: Solomon and Mossburg: "Co­Signer Requirements Under the FTC Fair Credit Practices Rule.", Summer 1982, Consumer Fin. L.Q. Rep.; Solomon: "Proposed Consumer Revision to Article 9 of the UCC.", 1997, D.C.L. Law Rev., 1087; and Solomon and Nemeroff, Corporate Secretarial, Chapter 46A, Successful Partnering Between Inside and Outside Counsel (Thompson West, 2016).  He has frequently taught, spoken, and been a panelist on a number of law, ethics, compliance, negotiation, and legal management topics, and is currently an adjunct professor of law at Detroit-Mercy Law School. Solomon is a member of the Michigan and American Bar Associations.

Bill received his B.A. in political science at the University of Detroit in 1973, with honors, and his master’s degree in political science from McMaster University in Hamilton, Ontario, in 1974, with honors. Bill received his J.D. from the University of Notre Dame in 1978.

Expertise

Building High Performance Teams

Business Alignment & Culture Transformation

Change Management

Compliance & Ethics Programs

Corporate Secretary Function & Governance

Crisis Management Planning

Dispute Resolution Initiatives

Effective Reporting to CEO & Board

Establishing Performance & Reporting Metrics

Operating Review of Legal & Compliance Teams

Legal & Compliance Department Assessment

Legal & Compliance Structure & Development

Managing Through Mergers & Layoffs

Outside Counsel Management

Planning & Managing Turnarounds

Confidant for General Counsel & CCO

Leadership for Women & Diverse Talent

Motivation & Retention of Key Individual Contributors

New Leader and Team Assimilation

Succession Planning, Assessment & Development

Executive Search

Interim Assignments

Speaking Engagements