People: CIT Group Inc (CIT.N)
30 Oct 2020
Mr. Steven Solk serves as President of Consumer Banking of the Company. He is responsible for the Consumer Banking business. Mr. Solk also served as President of CIT Business Capital from December 2015 until January 2018. Previously, Mr. Solk was an Executive Vice President of Commercial Finance at RBS Citizens Bank and a member of Citizens’ Executive Leadership Group from April 2010 until September 2014. In this role, he was responsible for executing growth strategies for four commercial banking specialty businesses, which included Franchise Finance, Business Capital, Asset Finance and Commercial Real Estate. Prior to RBS, Mr. Solk served in several executive roles in the financial sector, including more than 20 years at Citigroup. At Citigroup, he managed multiple lending and leasing specialty businesses and attained leading market positions in core target markets. Mr. Solk began his career at Bank of America, where he underwrote and managed corporate relationships. Mr. Solk earned a Bachelor of Arts degree in Finance from Arizona State University.
|Total Annual Compensation, USD||550,000|
|Restricted Stock Award, USD||850,000|
|Long-Term Incentive Plans, USD||--|
|All Other, USD||654,352|
|Fiscal Year Total, USD||2,054,350|