PEAC Solutions hired Tibor Horvath as senior vice president and construction, transportation and industrial (CT&I) business unit leader to expand its global CT&I business unit to the United States. Horvath will be responsible for new business development, vendor programs, sales and new product creation across all markets that PEAC Solutions serves.

“PEAC has a successful history in this industry throughout Europe and the UK,” Bill Stephenson, CEO of PEAC Solutions, said. “We identify the best talent and most respected people who serve these markets. Tibor is at the top of that list with his proven industry experience and performance, which includes 18 years at DLL. His stellar reputation with the OEM, distributor and dealer networks will continue to serve him well now that he is part of the PEAC team.”

Tibor was a vice president during his tenure at DLL. He also held other global positions, including membership on the CT&I executive management team at DLL. At PEAC Solutions, he will continue to work closely with OEMs, dealers and end-user customers.

“I am thrilled to join Bill and the global PEAC team to utilize their best-in-class platform. And being a non-bank will allow us to develop and offer fresh, creative products and services,” Horvath said. “It’s the ideal situation that allows me to re-engage with my industry passion, combined with a company that shares my goals and empowers its employees to have significant input into creating new products and services for the markets they serve.”