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CIT Group Names Andrew Brandman EVP And Chief Administrative Officer

4/9/2012 8:49 AM ET

CIT Group Inc. (CIT: Quote) said it named Andrew Brandman Executive Vice President and Chief Administrative Officer effective April 9. He will report directly to Chairman and Chief Executive Officer John Thain.

Brandman will serve on the Executive Management Committee of CIT and will be responsible for overseeing the global operations supporting CIT's Trade Finance, Vendor Finance and Corporate Finance business segments. He will also have responsibility for human resources and corporate services functions including real estate, procurement, corporate insurance and insurance services.

Most recently, Brandman served as Chief Administrative Officer and Executive Vice President at NYSE Euronext. (NYX: Quote). Prior to this role, he held a number of positions of increasing responsibility at NYSE Euronext, including Chief of Staff to the Chief Executive Officer, Head of Financial Planning & Administration and Head of Business Controlling.

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by RTT Staff Writer

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