Search

CIT Names Leslie Grizzard as Managing Director for Defense and Government Services Business

CIT Names Leslie Grizzard as Managing Director for Defense and Government Services Business

PR Newswire

NEW YORK, June 10, 2019 /PRNewswire/ — CIT Group Inc. (NYSE: CIT) today announced that Leslie Grizzard has joined the company as managing director in the company’s Aerospace, Defense & Government Services business.

(PRNewsfoto/CIT Group Inc.)

In this position, Grizzard will have responsibility for leading CIT’s lending activity to serve the multibillion-dollar government contractor industry. She will be based in the Washington, D.C. area.

“Leslie is a talented and experienced financial executive with strong relationships and an impressive track record of success in the government services sector,” said John Heskin, managing director and group head of the Aerospace, Defense & Government Services business. “She is an excellent addition to our team and we look forward to her contributions.”

“I am pleased to welcome Leslie in this new role as we continue to unlock the full potential of CIT and expand our presence in key industry sectors,” said Robert Rubino, president of CIT’s banking subsidiary and head of Commercial Banking.

Grizzard comes to CIT from Citizens Financial Group, where she headed the Aerospace, Defense & Government Services business as senior vice president and managing director. In that position, she earned a reputation for responsiveness and skill in executing financial strategies that helped clients achieve their growth objectives.

CIT’s Aerospace, Defense & Government Services group, part of the company’s Commercial Finance division, provides integrated financial solutions for manufacturers, suppliers and service providers in the aerospace, defense, homeland security and government services markets.

About CIT
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, approximately $50 billion in assets as of March 31, 2019, and operates a principal bank subsidiary, CIT Bank, N.A. (Member FDIC, Equal Housing Lender). The company’s commercial banking segment includes commercial financing, real estate financing, equipment financing, factoring and railcar financing. CIT’s consumer banking segment includes its national online bank, CIT Bank, and a Southern California branch bank, OneWest Bank. Discover more at cit.com/about.

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

Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/cit-names-leslie-grizzard-as-managing-director-for-defense-and-government-services-business-300864003.html

SOURCE CIT Group Inc.



Congress Updates

Lawmakers Request DoD Briefing On Army’s Planned Cuts To Aviation Procurement

A bipartisan group of House lawmakers has sent a letter asking the Pentagon for a briefing on the potential industrial base impacts as a result of the Army’s planned cuts […]


CENTCOM Looking To Lessons Learned From Use Of LUCAS Drones

U.S Central Command (CENTCOM) is looking to lessons learned from its use of Low-cost Unmanned Combat Attack System (LUCAS) drones by Phoenix-based SpektreWorks, according to CENTCOM head Adm. Brad Cooper. […]


Hegseth Says DoD Open To Reviewing Army’s Planned Cuts To Legacy Helicopter Procurement

Defense Secretary Pete Hegseth has told lawmakers the Pentagon is open to reviewing the Army’s planned procurement cuts to its legacy manned aviation fleet. Rep. Rosa DeLauro (D-Conn.), ranking member […]


Appropriators Press For Details On Iran War Costs; DoD’s $29B Estimate Doesn’t Include Base Damage

The Pentagon estimates the U.S.’ ongoing conflict with Iran has now cost at least $29 billion, while a lead official noted the updated figure does not factor in damage to […]