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CIT Group Inc. - Analyst/Investor Day

CIT Group Inc. (CIT)

June 14, 2012 8:00 am ET

Executives

Kenneth A. Brause - Executive Vice President of Investor Relations

John A. Thain - Chairman and Chief Executive Officer

Peter Connolly - Co-President of Corporate Finance

James L. Hudak - Co-President of Corporate Finance

Matthew E. Galligan - Executive Vice President and Group Head of Cit Real Estate Finance

John F. Daly - President of Trade Finance

Jon Lucas

Jonathan Lucas

Ron G. Arrington - President of Vendor Finance

Jeffrey Knittel

Robert Rowe

Joseph M. Leone - Former Vice Chairman and Chief Financial Officer

Glenn A. Votek - Executive Vice President and Treasurer

Raymond Quinlan

Scott T. Parker - Chief Financial Officer, Chief Accounting Officer and Executive Vice President

Nelson J. Chai - President

Analysts

Michael Turner - Compass Point Research & Trading, LLC, Research Division

Kenneth Bruce - BofA Merrill Lynch, Research Division

Presentation

Kenneth A. Brause

Good morning, everybody. For those that don't know me, I'm Ken Brause, Head of Investor Relations here at CIT. On behalf of the entire management team, it's my pleasure to welcome you to our Investor Day for 2012. It's a great turnout, great to see so many of you. I know we have many other folks listening on the webcast. We're very pleased to be hosting our first Investor Day since 2006 and actually the first one since I joined in 2007. CIT has obviously gone through many changes over these years, and we designed this event to help bring you up-to-date on all the progress we've made and how we're positioned to grow in the future.

So before we get started, I'd like to just do a couple of housekeeping matters. As always, please remember to turn off any cell phone ringers, BlackBerry ringers. We appreciate that. Very important, please keep your security pass that you got to come through the turnstiles so that you can actually get out of the building after the event. We're going to have a question-and-answer session after most of the presentations, and again, we'd ask you to please wait for someone to bring you a microphone if you'd like to ask a question. We're going to take a break, about a 15-minute break around 10:15, and we should be concluding at around 12:45, between 12:45 and 1, at which time we invite you all to stay for lunch with the CIT management team.

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