DLL, a global provider of asset-based financial solutions, reported that Chief Commercial Officer (CCO) and Member of the Executive Board, Tom Meredith will retire effective Jan. 31, 2023. A search for his successor is underway.

Meredith’s retirement will mark the end of an impressive 41-year career in the financial services industry, including the past 13 years with DLL. Meredith joined DLL in 2010 as President of the Food and Agriculture Global Business Unit (GBU). Under his leadership, the business unit achieved year-over-year portfolio and profitability growth, expanded its footprint in Europe and entered the Asian market.

In January 2017, Meredith was appointed Chief Commercial Officer and member of the Executive Board and assumed responsibility for setting the company’s commercial strategy and global business activities across all industry sectors. Meredith leaves behind a strong legacy as a regarded commercial leader, building and maintaining important relationships with customers and being a strong advocate of the organization’s digital transformation.

“It has been a distinct honor to work alongside Tom over the years. His dedication to our customers and our members is unparalleled and will be greatly missed. I wish Tom all the best in his well-deserved retirement,” said DLL CEO and Chairman of the Executive Board, Carlo van Kemenade.

In commenting on his retirement from DLL, Meredith shared, “While this was a difficult decision to make, I am comfortable stepping away from DLL at this moment in time, with the organization well positioned for future success. I will miss interacting with our customers and members but after spending many years travelling the world for business, I am looking forward to this next chapter where I aim to spend more time with my family and friends.”

A search for Meredith’s successor is already underway and once the requisite approvals are secured from the regulatory authorities, the company will announce the new appointee.