The estimated Net Worth of William M Freeman is at least $1.41 Million dollars as of 1 June 2021. Mr. Freeman owns over 8,480 units of CIT Inc stock worth over $1,184,826 and over the last 19 years he sold CIT stock worth over $0. In addition, he makes $230,000 as Independent Director at CIT Inc.
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Mr. Freeman CIT stock SEC Form 4 insiders trading
William has made over 5 trades of the CIT Inc stock since 2006, according to the Form 4 filled with the SEC. Most recently he exercised 8,480 units of CIT stock worth $453,256 on 1 June 2021.
The largest trade he's ever made was exercising 8,480 units of CIT Inc stock on 1 June 2021 worth over $453,256. On average, William trades about 454 units every 135 days since 2005. As of 1 June 2021 he still owns at least 22,167 units of CIT Inc stock.
You can see the complete history of Mr. Freeman stock trades at the bottom of the page.
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William Freeman biography
William M. Freeman serves as Independent Director of the Company. He has served as a director of CIT since July 2003. Mr. Freeman retired in February 2010 as Chairman of the Board of Arbinet-thexchange, Inc., in which capacity he had served since November 2007. Previously, Mr. Freeman served as President and Chief Executive Officer and Director of Arbinet-thexchange, Inc. from November 2007 until September 2008. Prior to joining Arbinet-thexchange, Mr. Freeman was elected to the board of Motient Corp., (predecessor to TerreStar Corporation), in February 2007, and Chairman of Motient/TerreStar in March 2007. Mr. Freeman also served as Chief Executive Officer and Director of Leap Wireless International, Inc. from May 2004 to February 2005 and as President of the Public Communications Group of Verizon Communications Inc. from 2000 to February 2004. Mr. Freeman served on the Board of Directors of Summit Bancorp from 1999 to 2002. Mr. Freeman served as President and Chief Executive Officer of Bell Atlantic-New Jersey from 1998 to 2000, President and Chief Executive Officer of Bell Atlantic-Washington, D.C. from 1994 to 1998, and in a number of other executive and management positions at Verizon since 1974. Mr. Freeman was a founder and co-owner of Synthesis Security LLC, a closely held telecommunications company. Mr. Freeman currently serves, or during the preceding five years served, on the Board of Directors of TerreStar Corporation, the Board of Trustees of Drew University, and as a director of Value Added Holdings, Inc., a privately held communications company, is the Executive Chairman and shareholder of General Waters Inc., a privately held beverage marketing and distribution company, and Chairman of Celadon Global Inc., a privately held mergers and acquisitions research firm.
What is the salary of William Freeman?
As the Independent Director of CIT Inc, the total compensation of William Freeman at CIT Inc is $230,000. There are 12 executives at CIT Inc getting paid more, with Ellen Alemany having the highest compensation of $8,339,410.
How old is William Freeman?
William Freeman is 67, he's been the Independent Director of CIT Inc since 2003. There are 4 older and 19 younger executives at CIT Inc. The oldest executive at CIT Group Inc is John Ryan, 75, who is the Lead Independent Director.
What's William Freeman's mailing address?
William's mailing address filed with the SEC is C/O CIT GROUP INC., 340 MOUNT KEMBLE AVENUE, SUITE 100, MAPLEWOOD, NJ, 07960.
Insiders trading at CIT Inc
Over the last 19 years, insiders at CIT Inc have traded over $29,579,165 worth of CIT Inc stock and bought 828,108 units worth $22,643,335 . The most active insiders traders include Timothy M Ring, Nelson Chai, and Joseph M Leone. On average, CIT Inc executives and independent directors trade stock every 32 days with the average trade being worth of $765,778. The most recent stock trade was executed by John J. Fawcett on 24 November 2021, trading 15,000 units of CIT stock currently worth $808,800.
What does CIT Inc do?
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 and operates a principal bank subsidiary, CIT Bank, N.A. (Member FDIC, Equal Housing Lender). CIT's commercial banking segment includes commercial financing, community association banking, middle market banking, equipment and vendor financing, factoring, railcar financing, treasury and payments services, and capital markets and asset management. CIT's consumer banking segment includes a national direct bank and regional branch network.
What does CIT Inc's logo look like?
Complete history of Mr. Freeman stock trades at CIT Inc
CIT Inc executives and stock owners
CIT Inc executives and other stock owners filed with the SEC include:
-
Ellen Alemany,
Chairwoman and Chief Executive Officer of CIT Group and Chairwoman, CEO and President of CIT Bank -
John Fawcett,
Chief Financial Officer, Executive Vice President -
Denise Menelly,
Executive Vice President and Head of Technology and Operations -
Steven Solk,
President of Consumer Banking -
James Duffy,
Executive Vice President and Chief Human Resources Officer -
David M. Harnisch,
Head of Commercial & Real Estate Fin. Bus. -
Philip Curtice Robbins,
Pres of Asset Management & Capital Markets -
R. Brad Oates,
Independent Director -
John Ryan,
Lead Independent Director -
Alan Frank,
Independent Director -
Michael Brosnan,
Independent Director -
Gerald Rosenfeld,
Independent Director -
Laura Unger,
Independent Director -
Sheila Stamps,
Independent Director -
William Freeman,
Independent Director -
Michael Carpenter,
Independent Director -
Khanh Tran,
Independent Director -
Dorene Dominguez,
Independent Director -
Barbara Callahan,
Senior Vice President and Head of Investor Relations -
Marisa Harney,
Executive Vice President, Chief Credit Officer -
Edward Sperling,
Executive Vice President and Corporate Controller -
James Hubbardh,
Executive Vice President, General Counsel and Corporate Secretary -
Wahida Plummer,
Executive Vice President, Chief Risk Officer -
Gina Proia,
Executive Vice President, Chief Marketing and Communications Officer -
Gina M. Proia,
Chief Marketing & Communications Officer and Exec. VP -
James R. Hubbard,
Exec. VP, Gen. Counsel & Corp. Sec. -
Alla Whitston,
Chief Technology Officer -
William A Farlinger,
Director -
Stuart A Alderoty,
EVP, General Counsel & Secy. -
Matthew Galligan,
President, Real Estate Finance -
Peter J Tobin,
Director -
Robert Rowe,
EVP, Chief Risk Officer -
James L Hudak,
Co-President, Corp. Finance -
Carol Hayles,
SVP & Controller -
George D. Cashman,
President, Rail Finance -
C Jeffrey Knittel,
President, Transportation Fin. -
Raymond D Matsumoto,
EVP -
Kelley Morrell,
EVP, Chief Strategy Officer -
Marianne M Parrs,
Director -
Kenneth Mc Phail,
EVP, Chief Strategy Officer -
Michael Sterling Jones,
President, Business Capital -
Robert C. Rubino,
President, CIT Bank, N.A. -
Jeffrey Lytle,
President, Rail Finance -
James R. Hubbard,
EVP, General Counsel & Secy -
Raymond J. Quinlan,
EVP - Banking -
Ron G Arrington,
President, Vendor Finance -
Jonathan A Lucas,
President, Trade Finance -
Peter Connolly,
Co-President, Corp. Finance -
Daniel A Ninivaggi,
Director -
Susan M Lyne,
Director -
Nancy J Foster,
Exec. VP & Chief Risk Officer -
Arthur B Newman,
Director -
Alexander T Mason,
President & COO -
Lois M Vandeusen,
Director -
Kristine Snow,
Co-President, Vendor Finance -
Lisa Zonino,
Executive Vice President -
Jeffrey M Peek,
Chairman and CEO -
Kelley J. Gipson,
Executive Vice President -
Christopher H Shays,
Director -
James S Mc Donald,
Director -
Terry Kelleher,
Co-President, Vendor Finance -
William J Taylor,
Exec VP and Controller -
Timothy M Ring,
Director -
John F Daly,
President, Trade Finance -
Gary C Butler,
Director -
Walter Owens,
Exec VP, Chf Sales/Mktg Off. -
Anthony P Terracciano,
Director -
Thomas H Kean,
Director -
Frederick E Wolfert,
Vice Chairman, Commercial Fin. -
James J. Gifas,
Head of Treasury Services -
Lawrence A Marsiello,
Vice Chrmn, Chf Lending Off. -
Joseph M Leone,
Vice Chairman and CFO -
Thomas B Hallman,
Vice Chairman, Specialty Fin. -
John A Thain,
Chairman & CEO -
Bryan David Allen,
EVP, Chief HR Officer -
John C Erickson,
President, Consumer Banking -
John J Oros,
Director -
Margaret D Tutwiler,
EVP, Marketing & Communication -
Robert J Ingato,
Exec VP and General Counsel -
Stacey Goodman,
EVP, CIO and Ops Officer -
Steven T Mnuchin,
Vice Chairman -
Joseph M Otting,
Co-President -
Seymour Sternberg,
Director -
David M Moffett,
Director -
Michael J Embler,
Director -
Andrew Brandman,
Exec. Vice President & CAO -
Scott T Parker,
EVP & Chief Financial Officer -
Lisa Polsky,
Exec VP & Chief Risk Officer -
Nelson Chai,
Exec VP, CAO, Head of Strategy -
Steve Solk,
President, Consumer Banking -
David Harnisch,
Pres., Commercial Finance -
Philip Robbins,
Pres., Asset Mgmt & Cap Mkts