CIT Announces Senior Management Appointments
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CIT Group (CIT) Sees $60M Charge on Management Reorganization
December 8, 2015 4:42 PM ESTOn December 8, 2015, CIT Group (NYSE: CIT) announced that, in connection with a reorganization of management, Joseph Otting, Co-President of CIT and President and Chief Executive Officer of CIT Bank, N.A., (CIT Bank), Nelson Chai, Co-President of CIT and Vice Chairman of CIT Bank, and Lisa Polsky, Executive Vice President and Chief Risk Officer of CIT, will cease to be officers of the Company, effective immediately. Pursuant to the terms of Mr. Ottings Retention Letter Agreement with the Company, dated July 21, 2014, which was attached as Exhibit 10.3 to Form 8-K filed July 25, 2014, Mr. Otting will be... More
CIT Group (CIT) Names New CIT Bank CEO; Makes Other Management Changes
December 8, 2015 4:33 PM ESTCIT Group Inc. (NYSE: CIT) announced the following senior management appointments:
Ellen R. Alemany has been appointed Chief Executive Officer and President of CIT Bank, N.A. effective immediately.... More
