The estimated Net Worth of John J. Fawcett is at least $10 Milion dollars as of 24 November 2021. Mr. Fawcett owns over 15,000 units of CIT Inc stock worth over $4,950,272 and over the last 10 years he sold CIT stock worth over $1,296,200. In addition, he makes $3,764,350 as Chief Financial Officer a Executive Vice President at CIT Inc.
John has made over 8 trades of the CIT Inc stock since 2014, according to the Form 4 filled with the SEC. Most recently he sold 15,000 units of CIT stock worth $808,800 on 24 November 2021.
The largest trade he's ever made was selling 15,000 units of CIT Inc stock on 24 November 2021 worth over $808,800. On average, John trades about 2,667 units every 97 days since 2014. As of 24 November 2021 he still owns at least 92,615 units of CIT Inc stock.
You can see the complete history of Mr. Fawcett stock trades at the bottom of the page.
John J. Fawcett serves as Chief Financial Officer, Executive Vice President of the Company. He has served as Executive Vice President and Chief Financial Officer since May 2017. He is responsible for strategic planning, financial analysis, accounting, treasury management, tax and investor relations. Previously, Mr. Fawcett served as CFO of Citizens Financial Group (CFG) and Royal Bank of Scotland (RBS) Americas from 2007 through 2015. He was instrumental in leading the CFG initial public offering and separation of CFG from RBS in September 2014. Prior to this he had a 20-year tenure at Citigroup with CFO roles in various areas including as CFO of Global Transaction Services, CFO of the Commercial Markets Business and head of Financial Planning and Analysis for the Global Corporate and Investment Bank. Most recently, Mr. Fawcett served on the board of Rabobank North America, where he served as the Chair of the Audit Committee. Mr. Fawcett holds a Bachelor of Science degree in Accounting and a Master of Business Administration degree in Finance, both from St. John’s University.
As the Chief Financial Officer a Executive Vice President of CIT Inc, the total compensation of John Fawcett at CIT Inc is $3,764,350. There are 1 executives at CIT Inc getting paid more, with Ellen Alemany having the highest compensation of $8,339,410.
John Fawcett is 61, he's been the Chief Financial Officer a Executive Vice President of CIT Inc since 2017. There are 12 older and 8 younger executives at CIT Inc. The oldest executive at CIT Group Inc is John Ryan, 75, who is the Lead Independent Director.
John's mailing address filed with the SEC is C/O CIT GROUP INC., 340 MOUNT KEMBLE AVENUE, SUITE 100, MORRISTOWN, NJ, 07960.
Over the last 19 years, insiders at CIT Inc have traded over $29,579,165 worth of CIT Inc stock and bought 828,108 units worth $22,643,335 . The most active insiders traders include Timothy M Ring, Nelson Chai a Joseph M Leone. On average, CIT Inc executives and independent directors trade stock every 32 days with the average trade being worth of $765,778. The most recent stock trade was executed by John J. Fawcett on 24 November 2021, trading 15,000 units of CIT stock currently worth $808,800.
CIT is a leading national bank focused on empowering businesses and personal savers with the financial agility to navigate their goals. CIT Group Inc. (NYSE: CIT) is a financial holding company with over a century of experience and operates a principal bank subsidiary, CIT Bank, N.A. (Member FDIC, Equal Housing Lender). CIT's commercial banking segment includes commercial financing, community association banking, middle market banking, equipment and vendor financing, factoring, railcar financing, treasury and payments services, and capital markets and asset management. CIT's consumer banking segment includes a national direct bank and regional branch network.
CIT Inc executives and other stock owners filed with the SEC include: