HdL celebrates the dedicated leadership and service of sales tax visionary and co-founder Lloyd de Llamas.
Lloyd de Llamas, co-founder of HdL Companies, recently announced his retirement. He led the company for 23 years and served on the Company’s Board of Directors for 34 years, most of that time as Chairman. “Lloyd created much of what HdL is today. He’s been a colleague, friend and mentor to me for nearly three decades and his contributions to HdL in executive and board roles can be seen throughout the organization,” said Andy Nickerson, President and CEO.
Mr. de Llamas has been involved in sales tax management at HdL since 1987 and developed much of the analytical and audit methodology used by all local governments to monitor and maximize sales and use tax revenues. He was California’s first Hispanic City Manager previously serving as City Manager of Monterey Park, Lawndale and Woodlake and as an Assistant in Torrance and San Diego. He is a past President of the San Gabriel Valley City Manager’s Association and one of the Founding Directors of the California Redevelopment Association. Mr. de Llamas also served for over 20 years on the Los Angeles County Committee on School District Organization and on a variety of policy committees for the League of California Cities. Mr. de Llamas and co-founder, Robert Hinderliter grew HdL from one small office in Claremont, CA with a handful of employees to the growing, national company we are today. In 2007, Lloyd and Robert sold HdL to the company’s employees through an Employee Stock Ownership Plan. When asked why the founders choose this exit strategy, Lloyd said “We wanted to reward those that helped us build the company.” He will be missed by both his co-workers and HdL’s 500+ municipal clients.
More on Lloyd de Llamas
Lloyd donated $1.5M to the San Ysido Library (right click to translate to English).
Lloyd was interviewed as City Manager and mentioned throughout the book.
An interview series on Lloyd's personal history, work in Monterey Park, the building of the Monterey Park Civic Center, and City Government and Politics in the 1980's.