Tom Meredith, DLL’s chief commercial officer and member of the executive board, will retire on Jan. 31. The company is currently searching for a successor.

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). The business unit achieved year-over-year portfolio and profitability growth, expanded its footprint in Europe and entered the Asian market under his guidance.

“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,” Carlo van Kemenade, CEO and chairman at DLL, said. “I wish Tom all the best in his well-deserved retirement.”

After being appointed chief commercial officer and member of the executive board in 2017, 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.

“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,” Meredith said. “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.”

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