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Friday, October 10, 2008, 7:54PM ET - U.S. Markets Closed. Dow Down 1.49% Nasdaq Up 0.27%
CIT Group, Inc. (CIT)At 4:06PM ET: 4.64  Up 0.05 (1.09%)  
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CIT Group, Inc.
505 Fifth Avenue
New York, NY 10017
United States - Map
Phone: 212-771-0505
Fax: 212-771-9884
Web Site: http://www.CIT.com

DETAILS 
Index Membership:S&P 500
S&P 1500 Super Comp
Sector:Financial
Industry:Credit Services
Full Time Employees:5,425

BUSINESS SUMMARY 
CIT Group, Inc., a commercial finance company, provides a set of financial products and services worldwide. Its products primarily include asset based loans; secured lines of credit; operating, capital, and leveraged leases; vendor finance programs; import and export financing; debtor-in-possession/turnaround financing; acquisition and expansion financing; project financing; small business loans; transportation finance; and letters of credit/trade acceptances. The company’s services primarily comprise financial risk management; asset management and servicing; merger and acquisition advisory services; debt restructuring; credit protection; accounts receivable collection; commercial real estate advisory services; debt underwriting and syndication; insurance; and capital markets structuring. CIT Group offers its products and services primarily to small, middle-market, and large companies in the manufacturing, transportation, retailing, wholesaling, healthcare, communications, energy, media and entertainment, apparel, textile, furniture, home furnishings, electronics, and various service-related industries. The company was founded in 1908 and is based in New York, New York.
Key Statistics

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    CORPORATE GOVERNANCE 
    CIT Group, Inc.'s Corporate Governance Quotient (CGQ®) as of 1-Oct-08 is better than 89.6% of S&P 500 companies and 99.4% of Diversified Financials companies.
    Brought to you by Institutional Shareholder Services.

    KEY EXECUTIVES 
     PayExercised
    Mr. Jeffrey M. Peek , 60
    Chairman and Chief Exec. Officer
    N/A N/A
    Mr. Joseph M. Leone , 54
    Vice Chairman and Chief Financial Officer
    $ 500.00K $ 5.56M
    Mr. Alexander Mason , 56
    Pres and Chief Operating Officer
    N/A N/A
    Mr. John F. Daly , 59
    Pres of Commercial Services
    N/A N/A
    Mr. J. Daryl MacLellan ,
    Pres of CIT Canada and Pres of CIT Group Securities Inc
    N/A N/A
    Dollar amounts are as of 31-Dec-07 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.
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