William F. Stephenson Appointed CEO of De Lage Landen

Eindhoven, The Netherlands And Wayne, New Jersey (ots/PRNewswire)
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De Lage Landen (DLL), a global provider of asset based financing
solutions, announced today that William F. (Bill) Stephenson has been
appointed Chief Executive Officer and Chairman of the Executive Board
of DLL. "I am proud to lead our company into the next phase. It is
through our diverse culture, perspectives, and opinions that we are
able to create solutions for our customers that not only meet their
expectations for today, but also anticipate their market needs of
tomorrow," says Stephenson.

(Photo: http://photos.prnewswire.com/prnh/20140612/691075 )

Stephenson's appointment was approved by the Dutch central banking
authority (De Nederlandsche Bank) and he becomes the first non-Dutch
national to lead the international finance company. Currently he is
the company's Chief Commercial Officer and member of the Executive
Board. Due in large part to Stephenson's commercial leadership, the
company has grown its managed portfolio to over 31.5 billion Euro
(43.4 billion USD) and is active in 36 countries globally.

"De Lage Landen has posted exceptional financial results in recent
years. Specialized knowledge among its core markets and uniquely
strong relationships with customers is what makes this possible,"
said Berry Marttin, Executive Board member of Rabobank and
Supervisory Board member for DLL. "Our decision to appoint Bill
reinforces our commitment toward this strategy and demonstrates how
important it is to preserve and promote these key success factors."

Earlier this year DLL reported 2013 annual results, including net
profit of 402 million Euro (534 million USD), an increase of 6.2%
over the prior year. Stephenson, along with his fellow Board members,
intends to build upon this success by continuing the company's focus
on deep industry knowledge, innovative products and a strong
commitment toward both global and local customers.

"By collaborating closely with our customers and developing
products and services that help them realize their true potential, we
are able to set ourselves apart," said Stephenson. "I started in
sales and very early in my career learned that if you listen to your
customers and understand what it takes to be successful in their
market, you become more than just a provider of capital. You become a
trusted partner. I am proud to lead a company that continues to
adhere to these core principles."

Since joining the company in 1987, Stephenson served in a number
of key senior positions. He played an integral role in the emergence
of De Lage Landen as a global market leader within the company's
vendor finance channels and equipment leasing industry. Most
recently, he was responsible for each of the company's global
business lines as well as managing a number of other departments
including strategic marketing, asset management and commercial
finance.

Stephenson has lived and worked in various countries and is a
frequent speaker at industry events. He serves on the Board of
Directors of the Equipment Leasing and Financing Association (ELFA).
He is a graduate of Florida State University and Harvard Business
School, AMP.

http://www.delagelanden.com

Photo:
http://photos.prnewswire.com/prnh/20140612/691075

ots Originaltext: De Lage Landen
Im Internet recherchierbar: http://www.presseportal.de

Contact:
For more information, interview requests and photos in high
resolution, which can be used free of copyright and are suitable for
publication, please contact: Corporate Communications De Lage Landen,
Astrid Balsink / Tiffany Burke (Americas), Email:
a.balsink@delagelanden.com / t.burke@delagelanden.com, Tel:
+31(0)6-536-514-14 / +1-(0)484-868-5029