CIT Appoints Ed Sperling Corporate Controller
November 17 2015 - 4:30PM
Business Wire
CIT Group Inc. (NYSE:CIT), cit.com, a leading provider of
commercial lending and leasing services, today announced the
appointment of Ed Sperling (51) as Executive Vice President,
Corporate Controller for CIT Group Inc. and CIT Bank N.A. He will
report directly to Chief Financial Officer Carol Hayles.
“I’m pleased to announce Ed’s promotion to the role of
Controller. His career at CIT has spanned nearly three decades and
this appointment demonstrates the depth of our finance team,” said
Hayles. “As a key member of the Controller’s leadership team, Ed
led the centralization of CIT’s Global Accounting Operations and
core finance functions, and built a strong control framework for
the Company’s accounting and reporting processes. More recently, he
has been instrumental in the finance integration of OneWest
Bank.”
Sperling will serve as the Company’s Principal Accounting
Officer and will be responsible for managing the Controller’s
organization, including SEC and regulatory reporting.
Prior to being named to this position, Sperling was a Senior
Vice President and Deputy Controller. Sperling has held numerous
leadership roles at CIT in Corporate Accounting, Internal Audit,
Credit, Financial Planning & Analysis, Investor Relations,
Technology and Treasury.
Sperling holds a BS in Accounting from Rutgers University and an
MBA in Finance from Seton Hall University.
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About CIT
Founded in 1908, CIT (NYSE: CIT) is a financial holding company
with more than $65 billion in assets. Its principal bank
subsidiary, CIT Bank, N.A., (Member FDIC, Equal Housing Lender) has
more than $30 billion of deposits and more than $40 billion of
assets. It provides financing, leasing and advisory services
principally to middle market companies across more than 30
industries primarily in North America, and equipment financing
and leasing solutions to the transportation sector. It also offers
products and services to consumers through its Internet bank
franchise and a network of retail branches in Southern California,
operating as OneWest Bank, a division of CIT Bank, N.A. cit.com
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version on businesswire.com: http://www.businesswire.com/news/home/20151117006977/en/
CIT MEDIA RELATIONS:Matt 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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