Steve Lowery Email & Phone Number

London, United Kingdom

- Deputise for the Head of Commercial - Responsible for managing the company’s residual value risk, portfolio renewal and growth, and new business development- Led bids for new trains and the leasing of existing assets - Successfully led a cross-functional team to develop and deliver the re-leasing proposition for the company’s highest profile fleet, securing £117m of new capital expenditure to finance a significant refurbishment programme- Key contributor to developing and implementing the company’s commercial strategy - Present and liaise with the executive board on transactions and commercial strategy as part of the company’s corporate governance process

London, United Kingdom

- Led successful lease negotiations and commercial deal structures opposite clients as part of rail franchise bidding and direct award rail franchises - Undertook the assessment of projects and bids in order to identify and quantify financial, commercial and management risk to the company’s board

- Accountable for the management of successful business relationships with First Great Western, Chiltern Railways, Arriva Trains Wales and London Overground train operators, which generated a total income in excess of £100 million per annum- Developed an in-depth understanding of customer requirements in order to build mutually beneficial relationships to ensure that operating lease obligations were met and assets remain on lease

- Coordinated the programme of work for the development of an industry-wide strategy which addressed cost inefficiencies in the procurement of passenger rolling stock for the UK railway. The Passenger Rolling Stock Network Route Utilisation Strategy was published in September 2011- Successfully engaged with high level industry wide stakeholders to promote the development of network wide strategies, improving the credibility of the network strategy project portfolio

- Successfully project managed Engineering input to the infrastructure gauging capability programme, ensuring delivery of key milestones monitored by the Office of the Rail Regulator and built internal stakeholder confidence of success- Assessed perceived project management capability of the Engineering function by conducting a structured survey where the results were used to highlight areas of improvement and achieve senior stakeholder buy-in for change- Improved project reporting across the department by conducting periodic project performance review meetings improving project visibility and enabling more effective management of priorities

London, United Kingdom

- Engaged senior business leaders and created a cross-department working group to implement programme management ethos, leading to the successful implementation of Oracle Time and Labour to the Engineering function- Facilitated workshops for the development of a cross-functional process to support better business planning and specification development with senior stakeholders from Planning and Regulation, Engineering and Infrastructure Investment functions- Underpinned system requirements for the work and resource management solution across the function, ensuring an effective solution was delivered by the system developers

London, United Kingdom

- Implemented a major fleet wide modification to the secondary suspension system of the Class 373. The project was nominated for a National Rail Award (2005)- Represented the business at international meetings focussing on fleet reliability and train performance- Developed a modification to enhance on board catering equipment functionality significantly reducing in-service failures- Created a customer focused training course to improve the quality and reliability of vehicle interiors

Grantham, Lincolnshire

- Designed and developed a more efficient production system enhancing productivity by reducing component re-work and scrap- Achieved ISO 14001 status for the company, as part of a team of six- Streamlined the production of a high value component, enhancing productivity by over 30% and reducing resource overhead

Post Graduate Award, Business Leadership, Merit

Bachelor Of Engineering With Honours (Beng), Railway Engineering (Rail Traction & Rolling Stock), First Class