The estimated Net Worth of Steve Solk is at least $5.25 Million dollars as of 28 October 2021. Mr. Solk owns over 5,000 units of CIT Inc stock worth over $2,425,508 and over the last 8 years he sold CIT stock worth over $767,730. In addition, he makes $2,054,350 as President of Consumer Banking at CIT Inc.
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Mr. Solk CIT stock SEC Form 4 insiders trading
Steven has made over 4 trades of the CIT Inc stock since 2017, according to the Form 4 filled with the SEC. Most recently he sold 5,000 units of CIT stock worth $248,500 on 28 October 2021.
The largest trade he's ever made was selling 11,000 units of CIT Inc stock on 4 February 2021 worth over $453,530. On average, Steven trades about 846 units every 66 days since 2016. As of 28 October 2021 he still owns at least 45,379 units of CIT Inc stock.
You can see the complete history of Mr. Solk stock trades at the bottom of the page.
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Steven Solk biography
Steven Solk serves as President of Consumer Banking of the Company. He is responsible for the Consumer Banking business. Mr. Solk also served as President of CIT Business Capital from December 2015 until January 2018. Previously, Mr. Solk was an Executive Vice President of Commercial Finance at RBS Citizens Bank and a member of Citizens’ Executive Leadership Group from April 2010 until September 2014. In this role, he was responsible for executing growth strategies for four commercial banking specialty businesses, which included Franchise Finance, Business Capital, Asset Finance and Commercial Real Estate. Prior to RBS, Mr. Solk served in several executive roles in the financial sector, including more than 20 years at Citigroup. At Citigroup, he managed multiple lending and leasing specialty businesses and attained leading market positions in core target markets. Mr. Solk began his career at Bank of America, where he underwrote and managed corporate relationships. Mr. Solk earned a Bachelor of Arts degree in Finance from Arizona State University.
What is the salary of Steven Solk?
As the President of Consumer Banking of CIT Inc, the total compensation of Steven Solk at CIT Inc is $2,054,350. There are 3 executives at CIT Inc getting paid more, with Ellen Alemany having the highest compensation of $8,339,410.
How old is Steven Solk?
Steven Solk is 65, he's been the President of Consumer Banking of CIT Inc since 2018. There are 6 older and 16 younger executives at CIT Inc. The oldest executive at CIT Group Inc is John Ryan, 75, who is the Lead Independent Director.
What's Steven Solk's mailing address?
Steve'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 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. Solk 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