Textron names two new executives

PROVIDENCE, R.I. – Textron Financial Corporation, a Textron Inc. company, has appointed two new members to its executive team, the company said in a release Wednesday.

Shelley Wilson has been named senior vice president of marketing. Angelo Butera was chosen as executive vice president and chief credit officer. Both positions are effective June 1.

Wilson will plan and direct all aspects of the company’s marketing policies, objectives and initiatives, as well as oversee the management of positioning and promotional activities for the company’s products and services.

She will also collaborate with divisional marketing and sales managers to develop and implement business plans and strategies.

Wilson replaces Adele Suddes, who is joining Textron Inc. as executive director of customer leadership. Wilson will report to President and Chief Operating Officer Jay Carter and serve as a member of Textron Financial’s executive committee.

As chief credit officer, Butera will oversee ongoing portfolio quality management for all of Textron Financial. He succeeds Rod Weaver, who is retiring from this position after 31 years of service with Textron. Butera will also report to Carter, as well as serve as a member of the company’s management committee.

Butera joined Textron Financial in 1987 as a credit analyst with the company’s former Real Estate Finance Division. Since that time, he has served in roles of increasing responsibility in the areas of underwriting, investment control, credit and operations, and risk management. Most recently, as senior vice president of credit and special assets for the company’s Resort Finance Division, Butera oversaw both the underwriting and workout functions for the division.

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