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Last updated: 5 January 2022 at 7:04pm EST

Denise Menelly Net Worth




The estimated Net Worth of Denise M. Menelly is at least $6.42 Million dollars as of 4 March 2021. Ms. Menelly owns over 14,500 units of CIT Inc stock worth over $3,127,466 and over the last 8 years she sold CIT stock worth over $1,092,790. In addition, she makes $2,197,440 as Executive Vice President and Head of Technology and Operations at CIT Inc.

Ms. Menelly CIT stock SEC Form 4 insiders trading

Denise has made over 2 trades of the CIT Inc stock since 2017, according to the Form 4 filled with the SEC. Most recently she sold 14,500 units of CIT stock worth $673,525 on 4 March 2021.

The largest trade she's ever made was selling 14,500 units of CIT Inc stock on 4 March 2021 worth over $673,525. On average, Denise trades about 1,066 units every 55 days since 2016. As of 4 March 2021 she still owns at least 58,512 units of CIT Inc stock.

You can see the complete history of Ms. Menelly stock trades at the bottom of the page.





Denise Menelly biography

Denise M. Menelly serves as Executive Vice President and Head of Technology and Operations of the Company. Ms. Menelly works with all of CIT’s stakeholders to leverage new and existing technologies to drive growth throughout the company, while also leading strategic vision for streamlined operations. Ms. Menelly is also responsible for overseeing CIT’s information security strategy. Previously, Ms. Menelly spent six years with Bank of America Merrill Lynch, most recently as Head of Enterprise Shared Services, where she managed and transformed functions shared by the bank’s corporate, commercial and consumer business lines. She joined Bank of America in 2010 as the chief operating officer for Corporate Banking and then became the global head of Commercial and Corporate Bank Operations, managing functions in more than 28 countries. Prior to joining Bank of America, Ms. Menelly served as the head of operations for RBS Citizens and vice chairman of Citizens Bank. In these roles her responsibilities included the U.S.-based banking operations for Consumer Banking, Commercial Banking and Global Transaction Services. From 1996 to 2008, Ms. Menelly worked at Citigroup, implementing technology and process changes while increasing her responsibilities in various Operations and Technology roles. These included Global Head of Securities & Fund Services (SFS) Operations and Client Delivery, Head of Operations for the Commercial Business Group, Head of CitiCapital Operations, Head of Global Transaction Services Client Delivery and Head of Domestic Cash Management Operations. Ms. Menelly began her career with Bankers Trust Company in 1983 and spent the next 13 years managing various operations and technology functions. Ms. Menelly holds a Bachelor of Science degree from Manhattan College.

What is the salary of Denise Menelly?

As the Executive Vice President and Head of Technology and Operations of CIT Inc, the total compensation of Denise Menelly at CIT Inc is $2,197,440. There are 2 executives at CIT Inc getting paid more, with Ellen Alemany having the highest compensation of $8,339,410.



How old is Denise Menelly?

Denise Menelly is 58, she's been the Executive Vice President and Head of Technology and Operations of CIT Inc since 2016. There are 17 older and 6 younger executives at CIT Inc. The oldest executive at CIT Group Inc is John Ryan, 75, who is the Lead Independent Director.

What's Denise Menelly's mailing address?

Denise's mailing address filed with the SEC is C/O CIT GROUP INC., 340 MOUNT KEMBLE AVENUE, SUITE 100, MORRISTOWN, NJ, 07960.

Insiders trading at CIT Inc

Over the last 20 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?

CIT Group Inc logo

Complete history of Ms. Menelly stock trades at CIT Inc

Date
#
Company
 Insider
Trans.
Transaction
 Shares Price per share Total value Shares after Source
4 Mar 2021 CIT CIT Group Inc Denise M. Menelly
EVP, Head of Technology, and Ops
 Sale 14,500 $46.45 $673,525
4 Mar 2021
58,512 ↗
1 Nov 2017 CIT CIT Group Inc Denise M. Menelly
EVP, Head of Technology, and Ops
 Sale 8,951 $46.84 $419,265
1 Nov 2017
41,546 ↗


CIT Inc executives and stock owners

CIT Inc executives and other stock owners filed with the SEC include: