DLL Announces New Executive Leadership Appointments

PR66864

EINDHOVEN, the Netherlands, Dec 13, 2016 /PRNewswire=KYODO JBN/ --

      DLL, a global provider of asset-based financial solutions, announced today

the appointments of three new Executive Board members. The new appointees join

Chief Executive Officer (CEO) Bill Stephenson and Chief Operating Officer (COO)

Carlo van Kemenade to form the Executive Board of DLL. All new appointments are

effective January 1, 2017.

    "It has been a pivotal year for DLL as we continue to grow and sharpen our

focus on our core vendor finance business," stated Bill Stephenson, CEO and

Chairman of the Executive Board at DLL. "As we head into 2017 with a highly

qualified and committed leadership team, a clear vision and strategy for

growth, and the full support of our parent, Rabobank, I am more confident than

ever about the future of our organization."

    The current board position of Chief Finance & Risk Officer (CFRO) is being

split into two distinct roles - Chief Financial Officer (CFO) and Chief Risk

Officer (CRO). Effective January 1, 2017, former CFRO Frans Overdijk will

return to DLL parent, Rabobank.

    Marc Dierckx will assume the role of Chief Financial Officer (CFO). Dierckx

joined DLL in 2004 and has held several leadership roles within the commercial

organization, including President of the Office Technology Global Business

Unit. He most recently served as Deputy CFO and was responsible for

spearheading DLL's sale of its vehicle leasing business, Athlon, to Daimler

Financial Services earlier this year.

    Ab Gillhaus has been named Chief Risk Officer (CRO). Gillhaus will join DLL

from Rabobank where he held a number of positions in the commercial and risk

domains, including his most recent role as Chief Credit Officer. This will be

Gillhaus' second tour at DLL, having previously led the organization's European

Vendor Finance division from 2000 to 2003.

    Tom Meredith has been appointed Chief Commercial Officer (CCO). A 35-year

veteran of the leasing industry, Meredith joined DLL in 2010 as president of

the Global Food and Agriculture Business Unit. Under his leadership, the

Business Unit has achieved year-over-year portfolio and profitability growth,

expanded its footprint in Europe and entered the Asian market.

    "I have had the honor of working with this talented group of leaders in

varying capacities over the past decade," said Stephenson. "As I think about

the challenges and opportunities that lie ahead of us, I have the utmost

confidence that this team has the expertise required to preserve the unique

culture that distinguishes DLL from our competition and lead the organization

on a continued path of growth and success for many years to come."

    https://www.dllgroup.com Twitter: @DLLgroup LinkedIn company page:

www.linkedin.com/company/dllgroup

SOURCE: DLL