CIT Appoints Eric Miller Group Head of CIT Capital Equipment Finance
March 24 2015 - 8:30AM
Business Wire
CIT Group Inc. (NYSE:CIT) cit.com, a leading provider of
commercial lending and leasing services, today announced the
appointment of Eric Miller as Managing Director and Group Head of
CIT Capital Equipment Finance. He will report directly to Burt
Feinberg, President and Group Head of CIT Corporate Finance,
Commercial & Industrial.
Eric Miller, newly appointed Managing
Director and Group Head of CIT Capital Equipment Finance (Photo:
Business Wire)
“Eric is an industry veteran with experience in leading
origination teams focused on sourcing, structuring and executing
middle market capital equipment financing transactions,” said
Feinberg. “We’re pleased to have him lead this group as we continue
to focus on growing this business and meeting the financing needs
of our customers.”
Miller added, “I look forward to leading a team that has
long-standing relationships and deep industry expertise. Together
we’ll grow our capital equipment finance franchise as companies
look to expand capital expenditures, while market conditions
continue to improve, in an effort to grow their businesses.”
Prior to joining CIT, Miller served as a Managing Director for
GE Capital in their Corporate Finance division, where he developed
winning strategies to successfully achieve sales and
profitability objectives. Industries of focus included
Construction, Transportation, Media & Entertainment, Marine,
Automotive, Food-Bev & Agriculture, Plastics, Metals, Mining,
Energy, Aerospace & Defense and General Manufacturing.
Miller received his bachelor’s degree from the State University
of New York at Albany.
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About Corporate Finance
About CIT Corporate Finance CIT Corporate Finance provides
lending, leasing and other financial and advisory services to the
middle market with a focus on specific industries, including:
Aerospace & Defense, Business Services, Communications, Energy,
Entertainment, Gaming, Healthcare, Industrials, Information
Services & Technology, Restaurants, Retail, Sports & Media
and Transportation. cit.com/corporatefinance
About CIT Capital Equipment Finance
CIT Capital Equipment Finance is a leading provider of equipment
financing solutions for middle market companies in a wide range of
industries. CIT Equipment Finance specializes in providing
equipment loans and leases for transactions ranging in size from $5
million to approximately $100 million and more.
cit.com/capitalequipmentfinance
About CIT
Founded in 1908, CIT (NYSE:CIT) is a financial holding company
with more than $35 billion in financing and leasing assets. It
provides financing, leasing and advisory services to its clients
and their customers across more than 30 industries. CIT maintains
leadership positions in middle market lending, factoring, retail
and equipment finance, as well as aerospace, equipment and rail
leasing. CIT’s U.S. bank subsidiary CIT Bank (Member FDIC),
BankOnCIT.com, offers a variety of savings options designed to help
customers achieve their financial goals. cit.com
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http://www.businesswire.com/multimedia/home/20150324005288/en/
CIT MEDIA RELATIONS:C. Curtis Ritter, 973-740-5390Senior
Vice President of Corporate CommunicationsCurt.Ritter@cit.comorMatt
Klein, 973-597-2020Vice President, Media
RelationsMatt.Klein@cit.comorCIT INVESTOR RELATIONS:Barbara
Callahan, 973-740-5058Senior Vice
PresidentBarbara.Callahan@cit.com
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