CIT Searching for New CFO as well as CEO

CIT has emerged from the bankruptcy courts and is looking for a new CEO to lead the company to their next stage. The Wall Street Journal also reported today they are looking for a new CFO. One person mentioned that CIT may be looking at is Nelson Chai, Former CFO at Merrill Lynch. His selection may be helped if John Thain, Former Merrill Lynch CEO is hired as CEO.