December 7, 2009 (FinancialWire) — Care Investment Trust Inc. (NYSE: CRE) has appointed Salvatore V. Riso Jr. as president and chief executive officer effective as of close of business December 4.

Riso replaces F. Scott Kellman, who informed the firm’s board that he will be resigning effective at the close of business on December 4, 2009. Riso has served as Care’s secretary and Chief Compliance officer since February 2008 and has been employed by CIT Group (OTC: CITGQ) since September 2005, serving as senior vice president and chief counsel of CIT Corporate Finance since March 2007.

Prior to his current position, Riso served as chief counsel for the firm’s external manager, CIT Healthcare LLC, and other business units of CIT Group Inc. New York-based Care Investment Trust is a real estate investment and finance company investing in healthcare-related real estate and commercial mortgage debt.

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