Trilliant Incorporated, the leader in delivering Smart Grid solutions that enhance energy efficiency, utility operations, and renewable resource integration, today announced that Michael Towe has joined the company as Chief Financial Officer. Towe joins Trilliant from World Airways, a wholly owned subsidiary of Global Aviation Holdings, where he was CFO for the $1 billion charter passenger and cargo airline. Towe's experience includes financial reporting, acquisitions and integration, Sarbanes-Oxley compliance, information systems, and financial planning and analysis.
"Michael brings an impressive resume of financial acumen and leadership to our company," said Andy White, CEO of Trilliant. "As Trilliant continues to deliver the industry's only true end-to-end Smart Grid solution, Michael's astute knowledge and experience of regulatory and financial matters will be a tremendous benefit to Trilliant."
Towe began his career in General Electric's elite Financial Management Program. Over the course of 25 years at GE, Towe gained financial expertise with acquisitions, auditing, financial planning, cost management, financial systems and integration, in a variety of roles with increasing responsibility. He provided financial leadership in eight diverse businesses within Motors, Lighting, Aerospace, Plastics, and Capital and held five CFO positions, including three global CFO roles in Korea, China, and Hong Kong. Towe also played an integral role in the creation of GE's first wholly owned entity in China.
In 2004, Towe joined Roper Industries as CFO. Roper Industries is a $1.5 billion diversified, publicly traded global industrial company based in Duluth, GA that includes water metering and meter data collection networks. During Towe's tenure as CFO, the company's market cap grew 55%.
"The energy industry is at an important crossroads not only domestically, but also internationally," said Towe. "Trilliant's great technology and experience deploying the largest Smart Grid in North America makes Trilliant uniquely well-positioned in the market. I am thrilled to join the Trilliant team and to help bring the promise of the Smart Grid to utilities and their customers."