16/04/2012 14:36:00

CIT Names Former Bank of America Executive To CIO Role

Related content
Related debate
21 Jun - 
Ja korrekt forstået. Bortset fra at det aldrig har være..
20 Jun - 
Nu skal det store eksperiment med kvantitative lempelse..

By Andrew R. Johnson

Of DOW JONES NEWSWIRES

NEW YORK -(Dow Jones)- CIT Group Inc. (CIT) continues to round out its management with the appointment of former Bank of America Corp. (BAC) executive Stacey Goodman to the roles of chief information officer and executive vice president.

Business lender CIT, led by former Merrill Lynch Chief Executive John Thain, said Monday that Goodman will report to President Nelson Chai. Her appointment is effective April 30.

Goodman previously was managing director of global technology and operations at Bank of America and held a similar role prior to that at UBS AG (UBS, UBSN.VX).

Goodman's "global IT experience will be integral as a best-in-class technology platform will assist us in creating tailored financing solutions for our small business and middle market clients," Chai said in a statement.

At CIT, Goodman will oversee about 700 IT employees worldwide and will be responsible for maintaining the company's technology systems and pinpointing areas for consolidation and cost reduction, the company said.

Goodman, 49, is the latest executive appointment for CIT. Last week the company named former NYSE Euronext (NYX) executive Andrew Brandman to the roles of chief administrative officer and executive vice president.

Thain, the former CEO of NYSE Euronext, has been bulking up CIT's management team since taking the helm of the company in February 2010, shortly after the business lender emerged from bankruptcy proceedings. Hires have included former colleagues Chai and communications and government relations head Margaret Tutwiler, both former NYSE and Merrill Lynch executives.

CIT's shares recently were inactive premarket Monday.

-By Andrew R. Johnson, Dow Jones Newswires; 212-416-3214; andrew.r.johnson@dowjones.com

(END) Dow Jones Newswires

April 16, 2012 09:36 ET (13:36 GMT)

Copyright (c) 2012 Dow Jones & Company, Inc.

Post comment

Related debate

  • 1 week
  • 1 month
  • 1 Year
Ingen indlæg

Regulatory news

Form 8.3 - AXA INVESTMENT MANAGERS : Berendsen Plc

16/08/2017 14:31:19
FORM 8.3 PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE Rule 8.3 of the Takeover Code (the "Code") 1.         KEY INFORMATION (a) Full name of discloser: AXA Investment Managers (b) Owner o..

Novae Group plc: Holdings in Company

16/08/2017 12:34:53
TR-1: S tandard form for notification of major holdings NOTIFICATION OF MAJOR HOLDINGS (to be sent to the relevant issuer and to the FCA in Microsoft Word format if possible)i   1a. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached ii ..

Dimensional Fund Advisors Ltd. : Form 8.3 - John Wood Group Plc - Ordinary shares

16/08/2017 10:10:45
FORM 8.3 PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE Rule 8.3 of the Takeover Code (the "Code") 1.         KEY INFORMATION (a) Full name of discloser:   Dimensional Fund Advisors Ltd. ("Dimensional"), in its capacity ..

Most read news

  • 24 hours
  • 48 hours
  • 1 week
1
Curetis Announces Financial Results for the First Six Months of 2017
2
Falcon first Swiss private bank to add Ether, Litecoin and Bitcoin Cash to its current Bitcoin blockchain asset management services
3
Semaglutide superior to dulaglutide on glucose control and weight loss in people with type 2 diabetes in SUSTAIN 7
4
ProPhase Labs, Inc. Announces Intention to Commence Tender Offer to Repurchase Up to 4,000,000 Shares of Its Common Stock
5
SHAREHOLDER ALERT: Rigrodsky & Long, P.A. Files Class Action Suit Against PAREXEL International Corporation

Related stock quotes

Buy and sell signals

  • Trend
  • Moneymachine

Copyright Euroinvestor A/S 2017   Disclaimer and Terms of Use
Quote information is delivered by Interactive Data.
Data is delayed 15-20 minutes according to the distribution agreements set by the different exchanges.
 
17 August 2017 00:52:05
(UTC+00:00) Dublin, Edinburgh, Lisbon, London
Version: LiveBranchBuild_20170808.1 - EUROWEB7 - 2017-08-17 01:52:05 - 2017-08-17 00:52:05 - 1000 - Website: OKAY