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August 24, 2000 02:00 AM

Michael R. Paslawskyj

CIT Group Inc.
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    As vice president for economic research, Mike Paslawskyj is responsible for managing CIT Group Inc.'s applied economic research function. His economic projections have appeared in a broad range of business publications including Business Week, The Washington Post, The Journal of Commerce, USA. Today, The Wall Street Journal and many major industry-specific trade publications. He also speaks regularly on various economic topics at events across the country.

    Paslawskyj joined CIT in 1984 as a senior planning analyst. He was promoted to manager of corporate development in January 1987 and to assistant vice president in May 1987. He assumed his current title and responsibilities in 1989.

    CIT Group (www.citgroup.com) is a diversified finance organization offering secured commercial and consumer financing primarily in the United States to smaller, middle-market and large businesses and to individuals through a nationwide distribution network. Founded in 1908, it has developed a broad organization of "franchise" strategic business units that focus on specific industries (including plastics), asset types and market.

    Prior to working for CIT, Paslawskyj was employed in New Jersey by First Fidelity Bancorporation of Newark, and Horizon Bancorp of Morristown, holding various financial auditing and management roles, as well as at A.G. Becker & Co. in New York City as a securities trader.

    He holds a bachelor of arts degree in business administration and economics from Rutgers College in New Brunswick, N.J., and graduated with honors from Fairleigh Dickinson University in Madison, N.J., where he received his master of arts degree in economics. He also attended New York University for post-graduate studies and is a Leadership N.J. fellow.

    Paslawskyj is a member of the National Association for Business Economists and is a past president of its New Jersey Chapter. He also is vice chairman of the board of trustees of the New Jersey Council on Economic Education.

    He and his wife, Lilliana, and son, Bohdan, reside in Rockaway Township, N.J.

    With $27 billion in managed assets, The CIT Group Inc. (NYSE:CIT) is one of the nation's largest public commercial and consumer lending organizations. Through its focused operating units, it specializes in specific industries and financial products designed to suit the needs of customers.

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