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    CIT Adds to Sales Team in Office Imaging
    Wednesday, March 7, 2018 11:00 AM

    JACKSONVILLE, Fla., March 7, 2018 /PRNewswire/ -- CIT Group Inc. (NYSE: CIT), a leading provider of commercial lending and leasing services, today announced three additions to its Equipment Finance division's Office Imaging sales team to increase support for office imaging manufacturers and independent dealers.

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    "These newly created positions reinforce the success we are experiencing with our vendor integration services and with FlexAbility, our advanced deal-structuring and invoicing system," said Michael D'Errico, commercial leader for Office Imaging. "All these offerings provide important commercial and operational benefits for office imaging manufacturers and dealers, better enabling them to improve customer experience, boost efficiency and lower operational expenses."

    Karen Madden was named a vice president supporting the Konica Minolta account for CIT. Previously, she was a relationship manager with U.S. Bancorp's Office Equipment Vendor Services where she guided Konica Minolta initiatives across their direct and dealer channels.

    Scott Plemmons joins CIT from Xerox Global Imaging Solutions (GIS), and will support independent dealers in western states. At GIS, Plemmons most recently served as market director and sales manager for southern Oregon, after previously working as a branch manager and general manager.

    In addition, Callie Calimlim will coordinate business with Toshiba branches in the West. Calimlim has held sales and business development positions with a wide range of office imaging, technology, broadcasting and e-commerce companies. Calimlim joins Mary Perrone, who supports Toshiba branches in the East and Midwest, to comprise the CIT team supporting Toshiba overall.

    The Equipment Finance division is part of CIT's Business Capital organization and works with manufacturers, franchisors, distributors, resellers, dealers and systems integrators to finance their equipment, software and services to commercial customers.  

    About CIT
    Founded in 1908, CIT (NYSE: CIT) is a financial holding company with approximately $50 billion in assets as of Dec. 31, 2017. Its principal bank subsidiary, CIT Bank, N.A., (Member FDIC, Equal Housing Lender) has approximately $30 billion of deposits and more than $40 billion of assets. CIT provides financing, leasing, and advisory services principally to middle-market companies and small businesses across a wide variety of industries. It also offers products and services to consumers through its Internet bank franchise and a network of retail branches in Southern California, operating as OneWest Bank, a division of CIT Bank, N.A. For more information, visit cit.com.

    CIT MEDIA RELATIONS:
    John Moran
    212-461-5507
    john.moran@cit.com

    SOURCE CIT Group Inc.

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