|CIT Group Inc.|
11 West 42nd Street
United States - Map
CIT Group Inc. operates as the holding company for CIT bank that provides commercial financing and leasing products, as well as deposit products and savings accounts. The company operates through five segments: Corporate Finance, Transportation Finance, Trade Finance, Vendor Finance, and Consumer. The Corporate Finance segment offers lending, leasing, and other financial and advisory services to small and middle-market companies across various industries, including commercial and industrial, communications, media and entertainment, healthcare, and energy. The Transportation Finance segment provides aircraft and railcar, leasing and financing solutions to operators and suppliers in the aviation and North American rail car industries. This segment also offers lending and other financial products and services to companies in the transportation sector, such as business aircraft, maritime, and aerospace and defense industries. The Trade Finance segment provides a range of local and international customized credit protection, lending, and outsourcing services that include working capital and term loans, factoring, receivable management products, bulk purchases of accounts receivable, import and export financing, and letter of credit programs to retail supply chain companies. The Vendor Finance segment partners with manufacturers, distributors, and product resellers to deliver financing and leasing solutions to end-user customers. The Consumer segment offers government-guaranteed student loan portfolios, which are in run-off. The company also provides account receivables collection, acquisition and expansion financing, asset management, credit protection, financial risk management, import and export financing, letters of credit, insurance, and mergers and acquisition advisory, as well as debt restructuring, underwriting, and syndication services. CIT Group Inc. was founded in 1908 and is based in New York, New York.
|CIT Group Inc.’s ISS Governance QuickScore as of Dec 1, 2013 is 5. The pillar scores are Audit: 10; Board: 1; Shareholder Rights: 3; Compensation: 1.|
|Brought to you by Institutional Shareholder Services (ISS)|
|Mr. Nelson J. Chai ,
|Mr. Scott T. Parker ,
Chief Financial Officer, Chief Accounting Officer and Exec. VP
|Ms. Lisa K. Polsky ,
Chief Risk Officer and Exec. VP
|Mr. C. Jeffrey Knittel ,
Pres of Transportation Fin.
|Mr. Peter Connolly CPA,
Pres and Co-Head of Corp. Fin.
|Amounts are as of Dec 31, 2012 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc.Exercised is the value of options exercised during the fiscal year.|
|Currency in USD.|