The Netherlands-based LeasePlan Corporation N.V. has appointed Tex Gunning as its CEO and Marco van Kalleveen as its COO following the resignation of Vahid Daemi and Sven-Torsten Huster, the fleet management company announced.

Daemi is retiring after serving as the company's CEO for two decades. Huster will also step down after six years on LeasePlan’s managing board.

The changes are effective Sept. 20, with the exception of Huster, who will share the role of COO with Kalleveen until Dec. 31. The appointments have been approved by the Dutch Central Bank (DNB).

Daemi has agreed to continue to serve LeasePlan as an advisor to the managing board and as chair of the general meeting of shareholders until the end of 2017. Huster will continue as an advisor to his successor until the end of 2017.

Gunning has experience in supporting the development large global companies. He worked in global positions for consumer goods company Unilever for more than 25 years. His last role at Unilever was business group president in Asia. Kalleveen has management experience on a global level as a partner of McKinsey and in senior positions at Bain Capital and TNT Express.