JACKSONVILLE, Fla.,
Aug. 7, 2017 /PRNewswire/ -- CIT
Group Inc. (NYSE: CIT) a leading provider of commercial lending and
leasing services, today announced two key appointments to their
Equipment Finance division to support the growth of its industrial
market segments.
Maurice Smith will cover the
Eastern territory and Susan Taldone
will cover the Midwest territory of the U.S. Both Smith and Taldone
are responsible for originating and managing dealer and distributor
relationships in the construction, agriculture, material handling
and transportation industries.
"With these hires, we continue our expansion plans to add
resources throughout the country to better serve our manufacturer
and dealer clients," said Harold
Ray, industrial commercial leader of CIT's Equipment Finance
business. "Their experience and long-standing relationships in the
industrial sector provide them with the expertise to structure
commercial customer finance programs for manufacturers and
distributors."
Maurice Smith joins CIT from PNC
Bank. He has more than 10 years of experience in industrial
financing for small to middle ticket construction and
transportation businesses. Susan
Taldone joins from Bank of the West and has over two decades
of experience in commercial client financing of construction,
material handling, and transportation assets.
About CIT
Founded in 1908, CIT (NYSE: CIT) is a financial holding company
with more than $50 billion in assets
as of June 30, 2017. 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. CIT provides financing, leasing, and advisory services
principally to middle-market companies and small businesses across
a wide variety of industries. 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.
For more information visit cit.com. View our corporate video and
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CIT MEDIA
RELATIONS:
Olivia
Weiss
212-771-9657
Olivia.Weiss@cit.com
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SOURCE CIT Group Inc.