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Florence, Tom

Chairman & Chief Executive Officer

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Luminaries 2026

Asset Managers

Luminaries 2026 Impact Statement

Tom Florence’s leadership as CEO of Tortoise Capital represents one of the most notable business transformations, amid extraordinary organizational uncertainty, of a specialized asset manager in the last 20 years. As Tortoise Capital’s CEO, Tom sets and drives the firm’s strategic direction, aligning investments, operations, product, and distribution to deliver long-term growth and lasting value for clients. Appointed CEO in mid-2024 at a critical inflection point for the firm, Tom redirected the firm’s trajectory, orchestrating a decisive firmwide transformation to reengineer the business. He led the successful corporate refinancing of Tortoise Capital, refocused the firm on its core energy and infrastructure strengths, simplified platform and product offerings, rebuilt distribution, transformed its organizational culture and optimized operations through thoughtful outsourcing.