CIT - CIT Group Inc.

NYSE - NYSE Delayed Price. Currency in USD

CIT Group Inc.

11 West 42nd Street
New York, NY 10036
United States
212-461-5200
http://www.cit.com

SectorFinancial Services
IndustryBanks - Regional - US
Full Time Employees3,596

Key Executives

NameTitlePayExercisedYear Born
Ms. Ellen R. AlemanyChairwoman & CEO3.21MN/A1956
Mr. John J. FawcettExec. VP & CFO1.91MN/A1959
Ms. Denise M. MenellyExec. VP & Head of Technology and Operations1.4MN/A1962
Mr. Steven SolkPres of Consumer Banking1.2MN/A1955
Ms. Alla WhitstonChief Technology OfficerN/AN/AN/A
Amounts are as of December 31, 2018 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.

Description

CIT Group Inc. operates as the holding company for CIT Bank, N.A. that provides banking and related services to commercial and individual customers. The company operates through Commercial Banking and Consumer Banking segments. The Commercial Banking segment offers lending, leasing, and other financial and advisory services primarily to small and middle-market companies; factoring, receivables management products, and secured supply chain financing; equipment leasing and secured financing to railroads and non-rail companies; equipment financing to small businesses. The Consumer Banking segment provides deposits, including checking and savings accounts, money market, and individual retirement accounts; time deposits and certificates of deposit; and offers residential mortgage and small business administration loans, as well as fiduciary services. The company also offers leasing and advisory, and online banking services. It operates through a network of 60 branches located in southern California. CIT Group Inc. was founded in 1908 and is based in New York, New York.

Corporate Governance

CIT Group Inc.’s ISS Governance QualityScore as of July 29, 2019 is 5. The pillar scores are Audit: 3; Board: 3; Shareholder Rights: 3; Compensation: 9.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.