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March 2016
- In March 2016, CEO John Thain retired and was succeeded by Ellen Alemany, a member of the board of directors.
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Oct 21, 2015 · CIT Group Inc said Chief Executive Officer John Thain, who was appointed to turn around the commercial lender after its bankruptcy, will retire in March and be replaced by veteran banking ...
Oct 21, 2015 · Oct. 21, 2015. John A. Thain, who will retire as chief executive of the CIT Group in March, has had plenty of ups and downs in his career on Wall Street. After guiding CIT’s transformation into...
Oct 22, 2015 · John Thain, the former Merrill Lynch chief who steered . CIT Group out of bankruptcy in the wake of the financial crisis, has announced plans to stand down, saying a recent $3.4bn acquisition has ...
Oct 21, 2015 · Thain, who headed Merrill Lynch before it was sold to Bank of America Corp (BAC.N) at the height of the financial crisis, told Reuters his work at CIT is done after a series of asset sales ...
The tension between Thain and Lewis had been building since mid-December and culminated on January 22, 2009, when Lewis flew to New York to meet with Thain. After a 15-minute conversation between the two men, Thain agreed to resign.
Oct 22, 2015 · Oct. 21, 2015. After leading a yearslong turnaround of the CIT Group, a major lender to small and midsize businesses, John A. Thain — the executive who sold Merrill Lynch during the depths of...
John Thain has 40 years of experience in the financial services sector, and has held multiple senior leadership positions at some of the world’s largest financial institutions. Most recently, he served as CEO and Chairman of CIT Group where he successfully led the firm out of bankruptcy protection, lowered the firm’s funding costs, improved ...
