Tom Low was president of Cessna Finance Corporation from March 2005 to March 2011. Low also served as group president of TFC’s Captive Finance Divisions, and, as such, had oversight for the financing activity related to products manufactured by its parent company, Textron Inc.; including Cessna aircraft, Bell helicopters, E-Z-GO golf cars and Jacobsen turf equipment. At the end of 2008, these businesses held over $3.6 billion in secured loans and leases to global customers in 74 countries. In this role, Low was responsible for supporting continued sales growth of Cessna, Bell, E-Z-GO and Jacobsen by providing financial solutions to their customers, while managing credit, documentation and collections to contribute to Textron’s profitability.
Low began his career at Textron in 2000 and has been a long-standing member of Textron Financial’s Management Committee with both operating and financial management responsibilities. Prior to being appointed group president of Textron Financial's captive divisions, Low was responsible for overseeing TFC’s businesses that provide floor plan financing in the recreational vehicle, manufactured housing, agriculture and automobile industries. In ten years at Textron, the divisions managed by Low provided $277 million of net operating profit.
Before joining Textron, Low held leadership positions for ten years at Deutsche Bank in San Francisco, Phoenix, Atlanta and St. Louis. Low received his bachelor’s degree in Business Administration from the University of Arizona. Low is a graduate of Wharton Global Leadership Program and Thunderbird School of Global Management Executive Leadership.
After assuming leadership in 2006, he expanded a Wichita based organization with business primarily in America to a global organization financing Cessna Aircraft and Bell Helicopter in 76 different countries with offices located in Sao Paulo, London, Singapore, Wichita and Dallas. Low had overall P & L responsibility including sales, credit, documentation, collections, sale of repossessed assets, legal and accounting.
Companies managed include Cessna Finance Corporation (“CFC”), Bell Helicopter Finance Division and Textron Financial Corporation’s Captive Finance Group. Under Low’s direction, annual net operating profits of up to $47 million were produced. He facilitated financing for over 20% of Cessna and Bell sales. Low successfully grew the aircraft finance business from volume levels of $300 million to $1.5 billion. With a change of strategic direction in 2008 and the liquidation of Textron’s finance divisions, Low managed the liquidation of this group from $3.6 billion to $2.2 billion and reduced staff from 141 to 70. Low’s business jet finance team was recognized as the Textron Financial Division of the Year in 2007 and 2008 and the received the Chairman’s Award for Innovation in 2010.
Tom is based in Virginia just outside of Washington, DC and can be reached at email@example.com and +1.202.558.7702.