NEW YORK, March 14, 2017 /PRNewswire/ -- CIT Group Inc.
(NYSE: CIT) today announced that CIT Capital Equipment Financing, a
leading provider of equipment financing, has added several new
members to its team.
"We continue to build our team to be a best-in-class
originations group in the capital equipment sector," said Eric
Miller, group head and managing director of CIT Capital Equipment
Finance. "We increased direct originations 400 percent in
2016. These additional hires with regional expertise should
position us well to continue to provide financing solutions to meet
the needs of our valued middle market customers. We expect to
continue to grow in 2017."
These new hires build on last year's announcement that CIT
Capital Equipment Finance expanded its market presence:
Robert Haynes joins as
director of originations, Mountain region, based in Denver. Before joining CIT, Haynes held
positions of increasing responsibility at NHB Bank, Bank of the
West and Transamerica Finance Corporation where he focused on
direct originations and relationship management. Haynes can be
reached by emailing robert.haynes@cit.com.
David Hicks joins as
director of originations, Mid-South region, based in Nashville, Tenn. Hicks has held origination
roles at GE Capital, Macquarie Equipment Capital, and the former
Banc One Leasing (JPMorgan Chase), as well as, managerial roles at
Fifth Third Bank and Cadence Bank.
Hicks can be reached by emailing david.hicks@cit.com.
Tim McNeely joins
as director of originations, Pacific Northwest region, based
in Sacramento, CA. Prior to
joining CIT, McNeely held roles of increasing responsibility with
GE Capital, Siemens Financial Services, Capital One, AIG, and
Rabbank. McNeely can be reached by emailing
timothy.mcneely@cit.com.
Michael Ollio joins
as director of indirect originations, based in Pittsburgh, PA, where he will cover banks,
captives, and independents. Before joining CIT, Ollio held roles at
PNC Bank and PNC Equipment Finance, as well as Siemens Financial
Services. Ollio can be reached by emailing
michael.ollio@cit.com.
Jason Sullivan joins as
director of originations, Southeast region, based in Charleston, SC. Before joining CIT,
Sullivan held positions of increasing responsibility at Bank of
America Merrill Lynch and GE Commercial Finance where he focused on
direct originations and relationship management. Sullivan can be
reached by emailing jason.sullivan@cit.com.
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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 a wide variety of 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
CIT MEDIA
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CIT INVESTOR
RELATIONS:
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Matt
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Barbara
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Director
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Senior Vice
President
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(973)
597-2020
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(973)
740-5058
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Matt.Klein@cit.com
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Barbara.Callahan@cit.com
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SOURCE CIT Group Inc.