Textron Financial Corporation Names Lisa Larson General Manager of Diversified Products Division


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Textron Financial Corporation Names Lisa Larson General Manager of Diversified Products Division

Alpharetta, GA – July 9, 2007 – Textron Financial Corporation’s Distribution Finance Group announced today that Lisa Larson has been named senior vice president and general manager of the company’s Diversified Products Division. This division provides inventory financing to utility trailer dealers, spa dealers, and musical instrument dealers, as well as dealers of other durable consumer goods. Textron Financial is a subsidiary of Textron Inc. (NYSE: TXT).

With Larson’s appointment, Diversified Products has redoubled its efforts to grow in its current key markets. “We have aggressive growth plans at work across the industries we serve,” said Larson. “As a division, Diversified Products is committed to achieving growth through outstanding service to dealers.”

Textron Financial Group President Jerry Britton noted, “Lisa’s appreciation for the needs of our customers and her relentless pursuit of operational excellence gives me complete confidence in her ability to lead the business toward continued success.” Larson has more than 19 years commercial and consumer finance experience, most recently serving as the vice president of credit within Diversified Products. Prior to joining Textron Financial in 2006, Larson held senior positions with Bombardier Capital and GE Commercial Distribution Finance. She has a master’s degree in administration and management from St. Michael’s College.

About Textron Financial Corporation
Textron Financial is a diversified commercial finance company with $10 billion in managed receivables. It has core businesses in Aviation Finance, Asset-Based Lending, Distribution Finance, Golf Finance, Resort Finance, and Structured Capital. Textron Financial also provides financing programs for products manufactured by its parent company, Textron Inc. Additional information about the company is available at www.textronfinancial.com.

About Textron Inc.
Textron Inc. is an $11 billion multi-industry company operating in 32 countries with approximately 40,000 employees. The company leverages its global network of aircraft, industrial and finance businesses to provide customers with innovative solutions and services. Textron is known around the world for its powerful brands such as Bell Helicopter, Cessna Aircraft Company, Jacobsen, Kautex, Lycoming, E-Z-GO, Greenlee, Fluid & Power, Textron Systems and Textron Financial Corporation. More information is available at www.textron.com.