DLL has appointed a senior vice president heading the global asset management and remarketing (AMR) division, managing assets’ lifecycle for vendor partners.

Bruce Trachtenberg, who has been with DLL since 2004, was previously in charge of global clean technology financing, and US healthcare before that.

His career includes eleven years within GE Capital, rising to vice president business development. He was also general manager for equipment leasing within HealthCapital Financial Group between 2000 and 2004.

DLL’s AMR business provides vendors with asset refurbishment services for successive leases, as well as end-of-life disposal.

Tom Meredith, DLL chief commercial officer, said: “Bruce will bring a great balance of leadership and extensive knowledge across all of DLL’s solutions to the AMR team.

“Over the past decade, he has made notable contributions to the integration of asset management activities into DLL’s commercial organization.

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“He was one of the key leaders responsible for pioneering the adoption of the usage-based – managed equipment services – vendor finance model at DLL.”