CIT Lands Ex-BNP Head To Lead Energy

CIT Group has hired John Sullivan, the ex-head of energy project finance syndication at BNP Paribas, to lead its New York energy capital markets unit. Joining him will be fellow ex-BNP energy syndications veteran Drew Carleton, who will serve as a senior associate in the division. Sullivan could not be reached and an official declined to make William Swenson, head of CIT capital markets, available for comment.

The firm has been in the midst of senior level changes in energy with the exit of managing director Guy Piazza and senior managing director Dan Morash (PFR, 6/12).