First Citizens BancShares, the parent company of First-Citizens Bank & Trust Company, and CIT Group the parent company of CIT Bank, jointly announced that their previous proposal to merge the two companies has received approval from the Board of...
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December 20, 2021, 07:47 AM
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First Citizens BancShares, Inc., the parent company of First-Citizens Bank & Trust Company, and CIT Group Inc., the parent company of CIT Bank, N.A., jointly announced they have entered into a definitive agreement under which the companies will...
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October 16, 2020, 08:33 AM
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CIT Group Inc. Chairwoman and Chief Executive Officer Ellen R. Alemany has received the Leadership Legacy Award from the Center for Executive Succession at the University of South Carolina’s Darla Moore School of Business. The award honors building a...
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October 08, 2020, 09:20 AM
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CIT Group Inc. announced the appointment of Gina Proia as Executive Vice President and Chief Marketing and Communications Officer, effective Dec. 14, 2016. Proia will serve on the company’s Executive Management Committee and report directly to Chief...
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December 14, 2016, 07:26 AM
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CIT Group Inc. announced that Steven T. Mnuchin has resigned from its Board of Directors, effective immediately. His resignation follows President-elect Donald J. Trump’s announced intention to nominate Mnuchin as the next Secretary of the...
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December 05, 2016, 07:41 AM
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CIT Group Inc. appointed Steve Solk as President of CIT Consumer Banking and President, California, effective immediately. This is in addition to his current responsibilities as President of CIT Business Capital and as a member of CIT Group’s...
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December 01, 2016, 08:06 AM
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CIT Group Inc. announced that Michael Brosnan has been named to its Board of Directors effective November 10. Additionally, John Oros has stepped down from the Board due to the demands and requirements of his position with J.C. Flowers & Co.“We are...
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November 15, 2016, 07:28 AM
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CIT Group Inc. announced it has entered into a definitive agreement to sell CIT Commercial Air, its commercial aircraft leasing business, to Avolon Holdings Limited (“Avolon”), the international aircraft leasing company and a wholly-owned subsidiary...
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October 07, 2016, 07:21 AM
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CIT Group Inc. announced the appointment of Stuart Alderoty, as Executive Vice President, General Counsel and Corporate Secretary. Alderoty will join CIT from HSBC North America Holdings, Inc. where he served as General Counsel since November of 2010...
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September 14, 2016, 07:23 AM
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CIT Group Inc. announced the appointment of James J. (Jim) Duffy as Executive Vice President and Chief Human Resources Officer, effective immediately. Duffy, who previously held the role of Global Head of Human Resources at CIT prior to leaving in...
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August 31, 2016, 07:14 AM
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CIT Group announced that it has reached a definitive agreement to sell its Canadian equipment finance and corporate finance businesses (“CIT Canada”), with more than US $700 million in assets, to Laurentian Bank of Canada. In addition, approximately...
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June 30, 2016, 08:03 AM
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CIT Group Inc., a leading provider of commercial lending and leasing services, announced the appointment of John C. Erickson (54) as President of Consumer Banking and President, California, effective immediately. He will serve on the company’s...
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April 25, 2016, 08:07 AM
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CIT Group Inc. today announces its strategic plan designed to drive long-term shareholder value. In connection with today’s (Mar. 23) strategic update call, CIT is delivering a slide presentation which is available at cit.com/investor.“Today, CIT...
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March 23, 2016, 07:12 AM
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CIT Group announced several changes to its Board of Directors designed to include additional industry expertise and shareholder representation:
Ellen R. Alemany has been appointed Chairwoman effective after John A. Thain’s retirement as Chairman...
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February 22, 2016, 08:11 AM
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CIT Group announced the following senior management appointments:Ellen R. Alemany has been appointed Chief Executive Officer and President of CIT Bank, N.A. effective immediately. Alemany is Vice Chairman of CIT Group and, as previously announced...
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December 09, 2015, 08:04 AM
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The announcement by CIT Group Inc. that John A. Thain will retire as Chief Executive Officer (CEO) at the end of first-quarter 2016, following the announcement earlier this week that CIT's Chief Financial Officer (CFO) Scott T. Parker will depart the...
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October 23, 2015, 07:51 AM
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The Board of Directors of CIT Group Inc., announced that Chief Executive Officer John A. Thain will retire effective March 31, 2016, and will continue to serve as Chairman of the Board of Directors, and that CIT Board Member Ellen R. Alemany will...
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October 22, 2015, 08:06 AM
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