Cubic Names Jeffrey Lowinger as President of Transportation Business

Two executives promoted to support advancement of Cubic Transportation Systems’ NextCity vision

SAN DIEGO – April 21, 2020 – Cubic Corporation (NYSE:CUB) today announced the appointment of Jeffrey Lowinger as senior vice president and new president of the Cubic Transportation Systems (CTS) business division. Lowinger brings to Cubic vast experience leading strategy, growing profit and loss in addition to an extensive background in operational excellence including program, engineering and entrepreneurial management. He will report to Chairman, President and Chief Executive Officer Bradley H. Feldmann, effective April 27.

Along with the appointment of Lowinger, two CTS executives were promoted to strengthen the operations and growth of the business. Laurent Eskenazi, acting president of CTS and former managing director of Europe, Middle East and Africa (EMEA), was promoted to senior vice president and managing director of North America. Eskenazi will oversee the larger North American market consisting of four regions. In addition, David Wear, acting managing director of EMEA and former vice president and EMEA chief financial officer, was promoted to succeed Eskenazi as the managing director of EMEA. Wear will continue to manage the overall EMEA market and grow business for the region. Both Eskenazi and Wear will report to Lowinger, effective April 27.

“I am excited to welcome Jeff to our leadership team. Jeff is a proven leader with more than three decades of success. He is uniquely suited to drive continued growth in CTS by delivering on our near-record backlog and advancing Cubic’s NextCityTM strategic priorities, including new digital business models and driving the future of multimodal transportation,”  said Feldmann.

“I would also like to take this opportunity to congratulate Laurent and David for their promotions and thank them for their commitment and strong leadership during this transitional period. Specifically, in Laurent’s tenure as the acting president of CTS, he was instrumental in growing our business in Germany and Ireland, as well as restructuring the CTS engineering organization and managing operational risks to plan and caring for our employees and customers during the current COVID-19 pandemic,” added Feldmann.

“I’m very excited to join Cubic and CTS as the business and technologies not only align very well with my background, but also my passion in providing innovative solutions to our customers to minimize congestion as urbanization continues to grow over the next 20 years,” said Jeffrey Lowinger, newly appointed president of Cubic Transportation Systems.    

Prior to joining Cubic, Lowinger was the president of the eMobility segment for Eaton Corporation, a new organic growth segment announced in March of 2018 to provide intelligent power electronics, power systems and advanced power distribution in addition to circuit protection products and solutions for the automotive and commercial vehicle industry. Since the launch of the segment, the business achieved over $450 million in mature year revenue of new business. He oversaw the global profit and loss (P&L) for sales, marketing, development, production and services for all power management technologies for on- and off-road vehicles. Prior to leading eMobility, Lowinger served as the senior vice president of engineering and chief technology officer for the company’s industrial sector where he was responsible for leading the technology maturation for the aerospace, vehicle and hydraulics portfolio as well as overseeing the commercialization for new product development for specific customer applications.

Lowinger successfully completed a 25-year career at Boeing where he held several engineering leadership roles managing very complex hardware/software development programs for all key rotorcraft programs. He was also the executive vice president of engineering, Xworx and commercial business at Bell Helicopter, where he oversaw the $1.5 billion global commercial business in addition to leading innovation and technology for Bell’s Xworx organization.

Lowinger is active in promoting science and technology and has served on the advisory boards at Rutgers University, Texas Christian University, Penn State University and Concordia University. He holds a bachelor’s degree in electrical engineering from Rutgers University. He also completed executive education programs at Thunderbird School of Global Management at Arizona State University and Fuqua School of Business at Duke University.

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