COMPANY

Founded by Henry Ittleson in 1908 as the Commercial Credit and Investment Company, St. Louis, MO. It relocated to New York City in 1915, changing its name to Commercial Investment Trust (CIT). Received $2.8B in federal stimulus, 2008. Entered Chapter 11 bankruptcy on 1 November 2009.

Official Website:
http://www.cit.com/

Industry:
Finance

Ticker:
NYSE:CIT

Corporate headquarters:
New York City

Sales:
$4.6B (2004)

Employees:
5,800 (2004)

EXECUTIVES

Name	Occupation	Birth	Death	Known for
Albert R. Gamper, Jr.	Business	c. 1942		CEO of CIT Group, 1987-2004
Jeffrey M. Peek	Business	c. 1947		CEO of CIT Group, 2004-09
John A. Thain	Business	26-May-1955		CEO of CIT Group

CURRENT BOARD MEMBERS OR DIRECTORS

Name	Occupation	Birth	Death	Known for
William M. Freeman	Business	c. 1952		CEO of Arbinet-thexchange, 2004-05
Susan M. Lyne	Business	c. 1951		CEO of Martha Stewart Living Omnimedia
Daniel A. Ninivaggi	Business	c. 1966		CEO of Icahn Enterprises LP
Marianne Miller Parrs	Business	c. 1945		CFO of International Paper, 2005-07
Timothy M. Ring	Business	c. 1957		CEO of C. R. Bard
John R. Ryan	Military	15-Aug-1945		Chancellor of SUNY, 2006-07
Sy Sternberg	Business	24-Jun-1943		CEO of New York Life
John A. Thain	Business	26-May-1955		CEO of CIT Group
Peter J. Tobin	Business	c. 1943		CFO of Manufacturers Hanover, 1985-91
Lois M. Van Deusen	Attorney	c. 1939		Partner, McCarter & English

PAST BOARD MEMBERS OR DIRECTORS

Name	Occupation	Birth	Death	Known for
Daniel P. Amos	Business	c. 1951		CEO of Aflac
Gary C. Butler	Business	c. 1946		CEO of ADP, 2006-11
Albert R. Gamper, Jr.	Business	c. 1942		CEO of CIT Group, 1987-2004
Thomas H. Kean	Politician	21-Apr-1935		Governor of New Jersey, 1982-90
Edward J. Kelly III	Business	c. 1953		CEO of Mercantile Bankshares, 2001-07
James S. McDonald	Business	26-Jan-1953	12-Sep-2009	CEO of Rockefeller & Co.
Jeffrey M. Peek	Business	c. 1947		CEO of CIT Group, 2004-09

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