CIT sets John Thain’s salary at $6 million a year
Posted February 8, 2010 
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Comments(0) NEW YORK (Reuters) – CIT Group Inc said its new Chief Executive John Thain will get an annual base salary of $6 million, most of which is in stock, and a bonus of up to another $1.5 million, in a nod to compensation practices popularized by the Obama administration’s pay czar.
