Cit

By James 2026-05-13 05:31:12

3(1846 votes)

Cit. As part of the reorganization plan, CIT named seven new independent directors. On January 19, 2010, , a member of the , was named interim chief executive officer, replacing Jeff Peek, who resigned effective January 15, 2010. On February 8, 2010, former CEO was hired as chairman and chief executive officer.

In June 2014, the company acquired Direct Capital. In October 2017, the company sold Financial Freedom, acquired as part of the acquisition of OneWest Bank, and its portfolio. In October 2018, the company sold its European rail leasing business, NACCO, which was its last overseas operation.

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