BNET Industries

Textron Financial

is in the Financial Services Industry

Last Fiscal Year Sales:$798.0M
  • Private
  • US
Dow Jones Description

In 1962, Textron Financial was established to provide commercial financing for distributors of its parent company Textron Inc. (NYSE:TXT) and its family of well known brands names like Bell Helicopter, Cessna Aircraft, and E-Z-GO golf cars. Today, we're a diversified commercial finance company with a balance sheet of $10 Billion and more than 35,000 customers whose businesses have benefited from our asset-based lending, distribution, resort, aircraft, golf and structured finance solutions. By and large, our success stems from our ability to see opportunities where other lenders do not. As a subsidiary of Textron Inc., we understand supply and distribution channels and their capital challenges. We recognize threats from domestic and foreign competition. We understand time-to-market pressures. We know what it means to have a ready source of capital to meet fluctuating market demands. Put us to work for your business. Contact one of our divisions about your financing needs.

President of Textron Financial's Asset
Robert Wagner
Number of Employees 1,237
Contact Information

40 Westminster St PO Box 6640

Providence, Rhode Island 02943

insure-this.com

(401) 621-4200

NAICS Code Consumer Lending: 522291

Recent Events

  • Textron Reports Lower Finance Unit Profit on Higher Losses

    10/27/09 - Financial Announcement - View Story

  • Textron CEO expects industrial rebound

    9/12/09 - Financial Announcement - View Story

  • Bulls lock in solid gains

    9/09/09 - Bond / Stock Rating - View Story

  • Teufel Nursery Struggles to Secure New Financing

    8/19/09 - Lawsuit Filed - View Story

  • TCF Inventory Finance Enters into Agreement with Textron Financial Corp.

    7/02/09 - Joint Venture / Alliance - View Story

News & Analysis

textron financial and textron inc. - All News and Analysis

Decision Makers

Name (plus bio) Position
Robert Wagner President of Textron Financial's Asset
Charles LoCurto CIO
John F. Carey Executive Vice President & Chief Marketing Officer
O. Lewis Humphrey Executive Vice President & Chief Credit Officer
Thomas J. Cullen CFO & Executive Vice President
John W. Mayers Executive Vice President, Corp Dev
Brian F. Lynn Treasurer & Senior Vice President, Capital Markets Group
Chris Cook Senior Vice President of Sales and Marketing With Textron Financial's Distribution Finance Business
Chris Sharp Vice President and General Manager
Karen Papa Vice President Corporate Communication
Thomas N. Nichipor Controller & Vice President
Scott Raymond Senior Vice President and General Manager of the Textron Financial Private Brands Division
Claudia S Horn Managing Director
Jerry Hinckley National Sales Director for Textron Financial's Marina and Golf Finance Programs
Stephen Brown Senior Vice President, National Sales Manager
Buell J. Carter, JR. Transformation Leadership Team Member

Board of Directors

Name (plus bio) Position
Mary F. Lovejoy Board of Directors

Organization Position Status
Textron Financial Corporation President of Textron Financial's Asset Current
Golf Finance Division - Provides President of Textron Financial's Asset Current
The International Factoring Association Board of Directors Current
Turnaround Management Association Board of Directors Current
Health Care Finance Senior Vice President Former
Health Care Finance General Manager Former
Textron Financial Corporation Board of Directors Former
Golf Finance Division - Provides Board of Directors Former
University of California, Los Angeles BS In Economics Former

Organization Position Status
Textron Financial Corporation CIO Current

Organization Position Status
Textron Financial Corporation Executive Vice President & Chief Marketing Officer Current
Textron Inc. Chief Marketing Officer & Executive Vice President Current

Organization Position Status
Textron Financial Corporation Executive Vice President & Chief Credit Officer Current

Organization Position Status
Textron Financial Corporation CFO & Executive Vice President Current

Organization Position Status
Textron Financial Corporation Executive Vice President, Corp Dev Current
Textron Systems Corporation Vice President Textron Six Sigma and Transformation Current
Textron Inc. Vice President, Textron Six Sigma and Transformation Current
Textron Financial Corporation President Former
Textron Systems Corporation Special Teams Former
Textron Inc. Six Sigma Council Chairman Former
Purdue University M.S. Degrees Former
Purdue University B.A. Former

Organization Position Status
Textron Financial Corporation Treasurer & Senior Vice President, Capital Markets Group Current

Organization Position Status
Textron Financial Corporation Senior Vice President of Sales and Marketing With Textron Financial's Distribution Finance Business Current

Organization Position Status
Textron Financial Corporation Vice President and General Manager Current

Organization Position Status
Textron Financial Corporation Vice President Corporate Communication Current

Organization Position Status
Textron Financial Corporation Controller & Vice President Current

Organization Position Status
Textron Financial Corporation Senior Vice President and General Manager of the Textron Financial Private Brands Division Current

Organization Position Status
Cmdr Premier Aircraft Corporation, Inc. Chief Financial Officer Current
Textron Financial Corporation Managing Director Current
Cavalry Media Services, LLC Professional Profile Current
Cmdr Premier Aircraft Corporation, Inc. Treasurer Current
Sabre Communications Corp Chief Financial Officer Former
Sabre Communications Corp Treasurer Former
Quinnipiac University B.A. Degree In Finance Former
University of Connecticut Former

Organization Position Status
Textron Financial Corporation National Sales Director for Textron Financial's Marina and Golf Finance Programs Current

Organization Position Status
Golf Finance Division - Provides Senior Vice President, National Sales Manager Current
Textron Financial Corporation Senior Vice President, National Sales Manager Current
National Funding Association, Inc. Board of Directors Current
Atlanta Venture Forum Board of Directors Current
Turnaround Management Association Board of Directors Current
American University MBA Former
University of Virginia Former

Mary F. Lovejoy was appointed vice president and treasurer of Textron in April 2000. She is responsible for overseeing the company's financing activities, global treasury operations, the investment of pension fund assets and Textron's insurance programs. In addition, she serves on Textron's enterprise-wide Finance Council. During her career with Textron, Lovejoy has held key positions in the field of investor relations and communications. She joined Textron in 1993 as director of investor relations. In 1995, she was promoted to vice president, investor relations and in 1996, she assumed responsibility for all corporate communications activities. Prior to joining Textron, Lovejoy was vice president and senior corporate banker at the First National Bank of Chicago. During her 16 years at First Chicago, she held a variety of positions at the bank's Chicago, Boston and London offices. Lovejoy received a B.A. from Dartmouth College and an M.B.A. from the University of Chicago. She is currently a member of the Local Initiatives Support Corporation's Rhode Island Advisory Board, a board member of the International Institute Rhode Island, and a board member for the Festival Ballet. Lovejoy is a past participant in the Textron Executive Development and the Advanced Management programs.

Organization Position Status
Textron Systems Corporation Vice President and Treasurer Current
Textron Inc. Vice President & Treasurer Current
Local Initiatives Support Corporation Member Current
Textron Financial Corporation Board of Directors Current
Textron Inc. Director of Investor Relations Former
First National Bank of Chicago Former
Textron Inc. Board of Directors Former
University of Chicago M.B.A. Former
Dartmouth College B.A. Former

Organization Position Status
Providence Foundation Member, Board of Trustees Current
Textron Financial Corporation Transformation Leadership Team Member Current
Textron Financial Corporation President Former
Textron Financial Corporation Chief Operating Officer Former
Textron Financial Corporation Executive Vice President Former
University of Louisville BS In Physics Former
Harvard Business School Textron Advanced Management Program Former