DLL, a global provider of asset-based financial solutions, announced the intended appointment of Carlo van Kemenade as Chief Executive Officer (CEO) and Chairman of the Executive Board of DLL, subject to final approval of the applicable regulatory authorities. Van Kemenade will succeed William F. Stephenson, who announced his retirement from DLL earlier this year.

Carlo van Kemenade has spent the past four years as CEO and Chairman of the Board for Obvion, one of the largest mortgage providers in the Netherlands and a wholly owned subsidiary of Rabobank.  During his tenure, he led the company’s significant turnaround and growth, which included substantial gains in both customer satisfaction and employee engagement.

The intended appointment of van Kemenade marks his return to DLL, a company that he joined in 1990 and spent more than 25 years of his professional career. During that time, he progressed through the ranks and built leadership experience in Operations, Risk, IT, Sales and General Management, including assignments in several European countries and the United States. In 2013, he was appointed Chief Operating Officer and Member of the Executive Board of DLL, and was responsible for operations and IT activities across DLL’s entire global network.

“My return to DLL represents a very special personal and professional homecoming. I look forward to reconnecting with the many talented members of the leadership team and the wider global workforce, as well as the company’s network of valued partners and customers,” said van Kemenade. “DLL is well-positioned for the future, with a solid business model and new innovations on tap that will continue to deliver value for years to come.”

Stephenson, outgoing CEO and Chairman of the Executive Board of DLL, said, “We are very fortunate to be able to propose the appointment of a candidate who already possesses a solid understanding of DLL’s business and customers, and, perhaps even more importantly, is strongly aligned with the very special culture and values that we have developed as an organization.”  

Berry Marttin, Rabobank Managing Board Member and Chairman of the DLL Supervisory Board commented, “Carlo is a dynamic and transformative leader. His selection is a clear validation of the talent that is available within the wider Rabobank Group, and it is great to see this continued exchange of people and knowledge between companies.” 

Equipment Finance Advisor reported Stephenson's retirement plan in August.

Bill Stephenson reflected on his career in a Equipment Finance Advisor video.