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Monday, 02/08/2010 7:55:26 AM

Monday, February 08, 2010 7:55:26 AM

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CIT names ex-Merrill CEO Thain as chairman, CEO

CIT Group names former Merrill Lynch CEO John Thain to lead as chairman and CEO of lender

By Jennifer Malloy, AP Business Writer , On Sunday February 7, 2010, 11:24 pm EST

NEW YORK (AP) -- CIT Group said Sunday it has chosen former Merrill Lynch CEO John Thain to lead the company as chairman and CEO as the commercial lender continues to restructure its business following a brief stay in bankruptcy protection last year...

http://finance.yahoo.com/news/CIT-names-exMerrill-CEO-Thain-apf-1424561411.html?x=0&.v=7

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