Moore School’s Center for Executive Succession recognizes Chairwoman and CEO of CIT Group Inc. with leadership award

Ellen Alemany(Columbia, S.C.) — The University of South Carolina’s Darla Moore School of Business will present the Center for Executive Succession’s 2020 Leadership Legacy Award to Ellen R. Alemany, chairwoman and CEO of CIT Group Inc. Alemany will accept the award and present a keynote at a Sept. 29 livestreamed event from 5-6 p.m.

With 40 years of banking experience, Alemany was named CIT’s Chairwoman and CEO in 2016 and leads the national bank’s enterprise-wide initiatives to empower businesses and personal savers. Since joining the company, Alemany has led a multi-year transformation of the 112-year-old company and is advancing a culture that delivers for customers, creates value for shareholders and strengthens communities. She has built a strong and diverse management team, presides over a diverse board of directors and has created a defined and distinctive culture that fosters pride and encourages employees to bring their best selves to work.

Alemany was recognized as one of the Most Powerful Women in Banking by American Banker. Under her leadership, CIT has been named to the Forbes Best Midsize companies to work for three years in a row and as a Best Place to Work for LGBTQ by the Human Rights Campaign in 2020.

Her selection was primarily based on her ongoing commitment to help future leaders with their personal development. As part of her award, the Center for Executive Succession will donate $10,000 to the charity of Alemany’s choosing.

The Leadership Legacy Award presentation and keynote from 5-6 p.m. is open to UofSC students, faculty, staff and the general public. Advance registration required.

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ABOUT THE DARLA MOORE SCHOOL OF BUSINESS
The Darla Moore School of Business at the University of South Carolina is among the highest-ranked business schools in the world for international business education and research. Founded in 1919, the school has a history of innovative educational leadership, blending academic preparation with real-world experience through internships, consulting projects, study abroad programs and entrepreneurial opportunities. The Moore School offers undergraduate, master’s and doctoral degrees, as well as distinctive executive education programs. In 1998, the school was named for South Carolina native and New York financier Darla Moore, making the University of South Carolina the first major university to name its business school after a woman. Learn more at sc.edu/moore.

ABOUT THE CENTER FOR EXECUTIVE SUCCESSION
The Center for Executive Succession serves as an independent, objective source of knowledge regarding C-suite succession practices. The center provides a forum for corporate leaders to shape the future direction of succession practices, which are increasingly one of the board’s top governance priorities. Center partners contribute to cutting edge research that challenges the status quo and is empirically driven to further success in C-suite succession planning. For more information or to inquire about potential membership, visit moore.sc.edu/ces or email CES@moore.sc.edu.

ABOUT CIT GROUP INC.
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). The company'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. Discover more at cit.com/about.

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