LeasePlan has announced the appointment of Tex Gunning as its new chief executive officer and Marco van Kalleveen as chief operating officer.

The move comes as current CEO Vahid Daemi and COO Sven-Torsten Huster step down.

Effective from 20 September, Mr Daemi will retire after more than 20 years at LeasePlan, including 10 years as CEO, but will continue to serve LeasePlan as an advisor to the Managing Board and as Chair of the General Meeting of Shareholders of LeasePlan until the end of 2017.

In addition, LeasePlan’s Chief Operating Officer Sven-Torsten Huster also steps down after six successful years on LeasePlan’s Managing Board. He will share the role of COO with Marco van Kalleveen until 31 December 2016.

Tex Gunning has extensive experience in supporting large global companies through to their next stage of development. He worked in global positions for Unilever for more than 25 years. His last role at Unilever was business group president in Asia and he also brings broad management experience at companies including Vedior, AkzoNobel and TNT Express.

Marco van Kalleveen has management experience on a global level as a partner of McKinsey and in senior positions at Bain Capital and TNT Express.

Mr Daemi said: “LeasePlan is in good shape, has a successful history and a continued growth path. This current environment presents a natural opportunity for me to pass the baton to a new CEO. I consider it a privilege to have led LeasePlan to its current market leadership and solid profitability. I am confident that CEO Tex Gunning and COO Marco van Kalleveen, together with CFO Guus Stoelinga and CCO Nick Salkeld, will form a strong Managing Board.”