GMAC Financial Services announced on Wednesday the election of three directors to finalize its board membership.

The independent directors, effective immediately, are Michael A. Carpenter, Mayree C. Clark and Franklin W. Hobbs.

Hobbs was elected to serve as non-executive chairman.

Hobbs is currently an advisor to One Equity Partners LLC. Carpenter is chairman of Southgate Alternative investments. Clark is currently affiliated with Aetos Capital Asia. She has also been a partner and member of the executive committee of AEA Holdings.