Last updated: 20 June 2022 at 3:54pm EST

Michael Carpenter Net Worth




The estimated Net Worth of Michael A Carpenter is at least 1.03 百万$ dollars as of 20 March 2020. Mr. Carpenter owns over 6,500 units of CIT Inc stock worth over 800,841$ and over the last 16 years he sold CIT stock worth over 0$. In addition, he makes 230,000$ as Independent Director at CIT Inc.

Mr. Carpenter CIT stock SEC Form 4 insiders trading

Michael has made over 26 trades of the CIT Inc stock since 2014, according to the Form 4 filled with the SEC. Most recently he bought 6,500 units of CIT stock worth 94,640$ on 20 March 2020.

The largest trade he's ever made was exercising 48,524 units of CIT Inc stock on 2 January 2015 worth over 2,593,608$. On average, Michael trades about 7,648 units every 43 days since 2009. As of 20 March 2020 he still owns at least 14,983 units of CIT Inc stock.

You can see the complete history of Mr. Carpenter stock trades at the bottom of the page.





Michael Carpenter biography

Michael A. Carpenter serves as Independent Director of the Company. since May 2015. He served as Chief Executive Officer of Ally Financial, Inc. from November 2009 to February 2015 and as a member of its Board of Directors from May 2009 to February 2015. Mr. Carpenter previously served on the CIT Board in 2009, a position he left to become Chief Executive Officer of Ally Financial, Inc. In 2007, he founded Southgate Holdings. From 2002 to 2006, he was chairman and chief executive officer of Citigroup Alternative Investments overseeing $60 billion of proprietary capital and customer funds globally. From 1998 to 2002, Mr. Carpenter was chairman and chief executive officer of Citigroup’s Global Corporate & Investment Bank with responsibility for Salomon Smith Barney Inc. and Citibank’s corporate banking activities globally. Prior to Citigroup, he was chairman and CEO of Travelers Life & Annuity and vice chairman of Travelers Group Inc. From 1989 to 1994, he was chairman of the board, president, and CEO of Kidder Peabody Group Inc., a wholly owned subsidiary of General Electric Company. From 1986 to 1989, he was executive vice president of GE Capital Corporation and he joined GE in 1983 as vice president of Corporate Business Development and Planning. Earlier in his career, Mr. Carpenter spent nine years as vice president and director of the Boston Consulting Group and three years with Imperial Chemical Industries of the United Kingdom. Mr. Carpenter received a bachelor of science degree from the University of Nottingham, England, and an MBA from Harvard Business School. He also holds an honorary degree of Doctor of Laws from the University of Nottingham. He serves on the boards of AutoWeb, Inc., U.S. Retirement Partners, Rewards Network, Client 4 Life Group and the New York City Investment Fund. Mr. Carpenter has previously served as a board member of the New York Stock Exchange, General Signal, Loews Cineplex, and various other private and public companies.

What is the salary of Michael Carpenter?

As the Independent Director of CIT Inc, the total compensation of Michael Carpenter 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 Michael Carpenter?

Michael Carpenter is 73, he's been the Independent Director of CIT Inc since 2016. There are 1 older and 21 younger executives at CIT Inc. The oldest executive at CIT Group Inc is John Ryan, 75, who is the Lead Independent Director.

What's Michael Carpenter's mailing address?

Michael's mailing address filed with the SEC is AUTOWEB, INC., 400 NORTH ASHLEY DRIVE, SUITE 300, TAMPA, FL, 33602.

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 RingNelson ChaiJoseph 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 Mr. Carpenter stock trades at First Citizens Bancshares, Inc (NC)、Ally Inc、CIT Inc、AutoWeb Inc

日付
#
会社
インサイダー
取引
取引
株式 1株当たりの株価 合計金額 その後の株式数 ソース
20 Mar 2020 Michael A Carpenter
ディレクター
購入する 6,500 14.56$ 94,640$
20 Mar 2020
14,983
30 Jan 2015 Michael A Carpenter
Chief Executive Officer
オプション行使 15,602 18.71$ 291,913$
30 Jan 2015
15,602
16 Jan 2015 Michael A Carpenter
Chief Executive Officer
オプション行使 15,490 20.40$ 315,996$
16 Jan 2015
15,490
2 Jan 2015 Michael A Carpenter
Chief Executive Officer
オプション行使 48,524 23.65$ 1,147,593$
2 Jan 2015
33,331
31 Dec 2014 Michael A Carpenter
Chief Executive Officer
オプション行使 14,534 23.62$ 343,293$
31 Dec 2014
14,534
19 Dec 2014 Michael A Carpenter
Chief Executive Officer
オプション行使 14,863 23.26$ 345,713$
19 Dec 2014
14,863
5 Dec 2014 Michael A Carpenter
Chief Executive Officer
オプション行使 14,837 23.08$ 342,438$
5 Dec 2014
14,837
21 Nov 2014 Michael A Carpenter
Chief Executive Officer
オプション行使 14,854 23.46$ 348,475$
21 Nov 2014
14,854
7 Nov 2014 Michael A Carpenter
Chief Executive Officer
オプション行使 14,862 22.69$ 337,219$
7 Nov 2014
14,862
24 Oct 2014 Michael A Carpenter
Chief Executive Officer
オプション行使 14,942 21.69$ 324,092$
24 Oct 2014
14,942
10 Oct 2014 Michael A Carpenter
Chief Executive Officer
オプション行使 14,867 20.87$ 310,274$
10 Oct 2014
14,867
26 Sep 2014 Michael A Carpenter
Chief Executive Officer
オプション行使 13,949 23.52$ 328,080$
26 Sep 2014
13,949
12 Sep 2014 Michael A Carpenter
Chief Executive Officer
オプション行使 13,923 24.46$ 340,557$
12 Sep 2014
13,923
29 Aug 2014 Michael A Carpenter
Chief Executive Officer
オプション行使 13,929 24.60$ 342,653$
29 Aug 2014
13,929
15 Aug 2014 Michael A Carpenter
Chief Executive Officer
オプション行使 13,981 24.15$ 337,641$
15 Aug 2014
13,981
1 Aug 2014 Michael A Carpenter
Chief Executive Officer
オプション行使 13,949 22.90$ 319,432$
1 Aug 2014
13,949
18 Jul 2014 Michael A Carpenter
Chief Executive Officer
オプション行使 13,962 23.95$ 334,390$
18 Jul 2014
13,962
3 Jul 2014 Michael A Carpenter
Chief Executive Officer
オプション行使 13,927 24.03$ 334,666$
3 Jul 2014
13,927
20 Jun 2014 Michael A Carpenter
Chief Executive Officer
オプション行使 14,329 24.98$ 357,938$
20 Jun 2014
14,329
6 Jun 2014 Michael A Carpenter
Chief Executive Officer
オプション行使 14,355 23.60$ 338,778$
6 Jun 2014
14,355
23 May 2014 Michael A Carpenter
Chief Executive Officer
オプション行使 14,325 24.08$ 344,946$
23 May 2014
14,325
9 May 2014 Michael A Carpenter
Chief Executive Officer
オプション行使 14,341 25.19$ 361,250$
9 May 2014
14,341
25 Apr 2014 Michael A Carpenter
Chief Executive Officer
オプション行使 14,341 24.39$ 349,777$
25 Apr 2014
14,341
11 Apr 2014 Michael A Carpenter
Chief Executive Officer
オプション行使 14,226 24.20$ 344,269$
11 Apr 2014
14,226


CIT Inc executives and stock owners

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