Passing The Baton
- Looking for value, not junk. Rupp, Barry L. // Financial World;06/17/97, Vol. 166 Issue 6, p98
Profiles Al Gamper, president and chief executive officer of CIT Group. How CIT decides on the company that they are going to buy; Why CIT continues on its process of diversification; Comments of Gamper on the consumer finance Of the company. INSET: Make each investor an expert..
- CIT Hires CSFB Vice Chairman as President. // American Banker;7/16/2003, Vol. 168 Issue 135, p20
Mentions that Jeffrey Peek, was selected in July 2003 to run CIT Group Inc., a finance and leasing company sold last year by Tyco International Inc. Positions held at Credit Suisse First Boston and Merrill Lynch & Co.
- CIT's Peek Resigns As Chairman, CEO. Rozens, Aleksandrs // High Yield Report;10/19/2009, Vol. 20 Issue 42, p20
The article announces the resignation of Jeffrey Peek as chief executive and chairman of the CIT Group effective December 31, 2009.
- CIT emerges from Ch. 11. Combs, Heath E. // Furniture/Today;12/14/2009, Vol. 34 Issue 15, p32
The article reports on the financial performance of industry lender CIT Group Inc. in New York. The company emerged from the Chapter 11 bankruptcy after its reorganization plan succeeded. The firm filed the bankruptcy protection in November 2009 to wipe away billion dollars worth of debt and...
- Tyco International buying finance firm CIT. Lauzon, Michael // Plastics News;3/19/2001, Vol. 13 Issue 3, p19
Reports that Tyco International Ltd. is buying finance company CIT Group Inc. to help fund growth and provide customer credit. Terms of the purchase agreement; Corporate backgrounds of Tyco and CIT.
- CIT Chairman and CEO Peek to Resign. // American Banker;10/14/2009, Vol. 174 Issue 188, p16
The article reports that CIT Group Inc. chairman and chief executive officer Jeffrey M. Peek will resign before the start of 2010. CIT's broadening exposure to subprime mortgages and student loans during Peek's reign have contributed to $5 billion in losses over the course of 36 months. CIT...
- IN THE MARKETS. Elstein, Aaron // Crain's New York Business;8/24/2009, Vol. 25 Issue 34/35, p4
The article offers news briefs related to business enterprises. Chemical company BioNeutral Group Inc. has claimed that it has a disinfectant that kills the H1N1 virus on contact. Jeffrey Peek, Chief Executive Officer (CEO) of CIT Group Inc., is trying hard to keep his ailing finance company out...
- Back from dead, CIT offers lesson. // Crain's New York Business;9/15/2008, Vol. 24 Issue 37, p4
The article presents information related to financial health of CIT Group Inc. The company has raised $11 billion in cash and exited the home and student lending game. Though its shares have fallen 68% in 2007, they've rebounded 30% in the August 2008. Chief executive Jeffrey Peek has pleased...
- Cit Anticipates Chap. 11 Exit. Young, Vicki M. // WWD: Women's Wear Daily;12/9/2009, Vol. 198 Issue 119, p14
The article reports on the anticipated recovery of CIT Group Inc. from bankruptcy due to the submission of the prepackaged plan of reorganization in Europe. Jeffrey M. Peek, the chief executive officer of CIT Group Inc., cites on the success of the firm to emerge from bankruptcy based on its...