Mr. Jan F. Salit has been President and Secretary at CIM Commercial Trust Corporation since March 11, 2014. Mr. Salit served as the Chairman, Chief Executive Officer, President and Secretary of PMC Commercial Trust since October 2012 and served as its Treasurer since October 2008. Mr. Salit served as a Trust Manager of PMC Commercial Trust from October 26, 2012 to March 2014. Mr. Salit served as the Chief Operating Officer of PMC Commercial Trust from October 2008 to October 26, 2012, Executive Vice President from June 1993 to October 26, 2012, Chief Investment Officer and Assistant Secretary from January 1994 to October 26, 2012. He served as an Executive Vice President of PMC Capital Inc. from May 1993 to February 2004 and Chief Investment Officer and Assistant Secretary from January 1994 to February 2004. From 1979 to 1992, he was employed at Glenfed Financial Corporation and its predecessor company Armco Financial Corporation, holding various positions including Executive Vice President and Chief Financial Officer. Mr. Salit received his BA from Michigan State University and his MBA from New York University.