CIT Appoints Carol Hayles Corporate Controller
July 02, 2010 08:38 AM Eastern Daylight Time
NEW YORK--(EON: Enhanced Online News)--CIT Group Inc. (NYSE: CIT), a leading provider of financing to
small businesses and middle market companies, today announced the appointment of Carol Hayles (49) as Senior
Vice President, Corporate Controller. She will report directly to Chief Financial Officer Scott T. Parker.
Mr. Thain said, “The appointment of Carol as our Corporate Controller now completes the leadership team of our
Finance department. Her prior accounting and regulatory reporting experience will be instrumental as we continue to
build a best-in-class Finance department.”
Hayles will serve as the Company’s Principal Accounting Officer and will be responsible for managing the
Accounting department, as well as all SEC and regulatory reporting.
Prior to CIT, Hayles spent the past 24 years in various finance roles of increasing responsibility at Citigroup, Inc.
Most recently she served as Deputy Controller of Citigroup, Inc. Before this she also served as Chief Financial
Officer of Citibank’s e-Business, CFO of Citigroup’s Global Relationship Bank, CFO of Citibank Canada and held
internal audit and investor relations positions. Hayles started her career at PricewaterhouseCoopers LLP.
Individuals interested in receiving future updates on CIT via e-mail can register at http://newsalerts.cit.com.
Founded in 1908 and headquartered in New York City, CIT (NYSE: CIT) is a bank holding company with
approximately $45 billion in finance and leasing assets that provides financial products and advisory services to small
and middle market businesses. Operating in more than 50 countries across 30 industries, CIT provides an
unparalleled combination of relationship, intellectual, and financial capital to its customers worldwide. CIT maintains
leadership positions in small business and middle market lending, factoring, retail finance, aerospace, equipment and
rail leasing, and vendor fina