William M. Freeman

CIT Board Member

Mr. Freeman serves as Executive Chairman of General Waters Inc.  and formerly served as Chairman of the Board of Arbinet-thexchange, Inc. from June 2008 until his retirement in February 2010. He also served as President, Chief Executive Officer and a member of the Board of Directors of Arbinet from November 2007 until September 2008 at which time the offices of Chairman and President/Chief Executive Officer were separated. 

Prior to joining Arbinet, Mr. Freeman served in various offices of Motient Corp., including as a member of the Board of Directors since February 2007; as Chairman of the Board since March 2007; and as Chairman of the Board of TerreStar Networks, Inc., a majority owned subsidiary of Motient, since January 2007. He formerly served as Chief Executive Officer of Leap Wireless International, Inc. from June 2004 to February 2005 and held a number of senior executive positions at Verizon Communications Inc. from 1994 to 2004. Mr. Freeman currently serves, or during the preceding five years served, on the Board of Directors of Terrestar Corporation, the Board of Trustees of Drew University, and as a director of Value Added Holdings, Inc., a privately held communications company, is the Executive Chairman and shareholder of General Waters Inc. (formerly Oh Daddy LLC), a privately held beverage marketing and distribution company and Chairman of Celadon Global Inc., a privately held mergers and acquisitions research firm. 

CIT director since July 2003.