Ellen Alemany - CIT Chairman
Chairman
Ms. Ellen R. Alemany is Chairwoman and Chief Executive Officer of CIT Group and Chairwoman, CEO and President of CIT Bank subsidiary of the CIT Group Inc. Ms. Alemany has served as a director of CIT since January 2014 and of CIT Bank, N.A. since August 2015. She was named Chief Executive Officer of CIT in April 2016 and became Chairwoman a month later in May 2016. She has led the principal bank subsidiary, CIT Bank N.A., since December 2015 when she was named Chief Executive Officer and President. Ms. Alemany became Chairwoman of CIT Bank in April 2016. She served as Vice Chairman of CIT beginning in October 2015. Prior to joining CIT, Ms. Alemany was the Head of RBS Americas, the management structure that oversees The Royal Bank of Scotlands businesses in the Americas, and Chief Executive Officer of RBS Citizens Financial Group, Inc., an RBS subsidiary until she retired in in September 2013. She joined RBS as the Head of RBS Americas in June 2007, and was named to the additional role of Chief Executive Officer of RBS Citizens Financial Group, Inc., a bank holding company, in March 2008. She was also appointed the Chairman of RBS Citizens Financial Group, Inc. in March 2009. Ms. Alemany joined RBS from Citigroup, where she served as the Chief Executive Officer for Global Transaction Services from February 2006 until April 2007. Ms. Alemany joined Citigroup in 1987, and held a number of senior positions during her tenure, including Executive Vice President for the Commercial Business Group from March 2003 until January 2006, and also CitiCapital, where she served as President and Chief Executive Officer from September 2001 until January 2006. Prior to being appointed Executive Vice President for the Commercial Business Group in 2003, Ms. Alemany also held a number of executive positions in Citigroups Global Corporationrationrate Bank. Ms. Alemany served on the Board of Directors of Automatic Data Processing, Inc since 2016.
| Age | 64 |
| Tenure | 9 years |
| Phone | 212 461-5200 |
| Web | www.cit.com |
Ellen Alemany Latest Insider Activity
Tracking and analyzing the buying and selling activities of Ellen Alemany against CIT stock is an integral part of due diligence when investing in CIT. Ellen Alemany insider activity provides valuable insight into whether CIT is net buyers or sellers over its current business cycle. Note, CIT insiders must abide by specific rules, including filing SEC forms every time they buy or sell CIT'sshares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.
Ellen Alemany over six months ago Acquisition by Ellen Alemany of 191 shares of Dun Bradstreet subject to Rule 16b-3 | ||
Ellen Alemany over a year ago Acquisition by Ellen Alemany of 191 shares of Dun Bradstreet subject to Rule 16b-3 |
CIT Management Efficiency
The company has Return on Asset of 1.24 % which means that on every $100 spent on assets, it made $1.24 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 11.98 %, implying that it generated $11.98 on every 100 dollars invested. CIT's management efficiency ratios could be used to measure how well CIT manages its routine affairs as well as how well it operates its assets and liabilities.CIT Group has 6.17 B in debt with debt to equity (D/E) ratio of 1.69, which is OK given its current industry classification. Note however, debt could still be an excellent tool for CIT to invest in growth at high rates of return.
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Management Performance
| Return On Equity | 11.98 | |||
| Return On Asset | 1.24 |
CIT Group Leadership Team
Elected by the shareholders, the CIT's board of directors comprises two types of representatives: CIT inside directors who are chosen from within the company, and outside directors, selected externally and held independent of CIT. The board's role is to monitor CIT's management team and ensure that shareholders' interests are well served. CIT's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, CIT's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Ellen Alemany, Vice Chairman, Member of Audit Committee, Member of Regulatory Compliance Committee, CEO of CIT Bank, N.A. and President of CIT Bank, N. A., and Directors of CIT Bank, N.A. | ||
| Marisa Harney, Executive Vice President, Chief Credit Officer | ||
| R Oates, Independent Director | ||
| Alan Frank, Independent Director | ||
| Edward Sperling, Executive Vice President Principal Accounting Officer, Corporate Controller | ||
| David Harnisch, President of Commercial Finance | ||
| Michael Brosnan, Independent Director | ||
| Dorene Dominguez, Independent Director | ||
| Sheila Stamps, Independent Director | ||
| James Duffy, Executive Vice President and Chief Human Resources Officer | ||
| Michael Carpenter, Independent Director | ||
| Steven Solk, President of Consumer Banking, President, California | ||
| Gerald Rosenfeld, Independent Director | ||
| Wahida Plummer, Executive Vice President, Chief Risk Officer | ||
| James Hubbard, Executive Vice President General Counsel and Corporate Secretary | ||
| Denise Menelly, Executive Vice President and Head of Technology and Operations | ||
| Laura Unger, Independent Director | ||
| John Fawcett, Chief Financial Officer, Executive Vice President | ||
| William Freeman, Independent Director | ||
| John Ryan, Lead Independent Director | ||
| James Hubbardh, Executive Vice President, General Counsel and Corporate Secretary | ||
| Khanh Tran, Independent Director | ||
| Gina Proia, Executive Vice President Chief Marketing and Communications Officer |
CIT Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is CIT a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
| Return On Equity | 11.98 | |||
| Return On Asset | 1.24 | |||
| Profit Margin | 25.80 % | |||
| Operating Margin | 41.40 % | |||
| Current Valuation | 7.13 B | |||
| Shares Outstanding | 99.17 M | |||
| Shares Owned By Insiders | 1.09 % | |||
| Shares Owned By Institutions | 94.43 % | |||
| Number Of Shares Shorted | 5.72 M | |||
| Price To Earning | 7.78 X |
Thematic Opportunities
Explore Investment Opportunities
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as various price indices. You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
Other Consideration for investing in CIT Stock
If you are still planning to invest in CIT Group check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the CIT's history and understand the potential risks before investing.
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