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Ahold announces new executive leadership structure and the appointment of a new Chief Commercial Officer (CCO)

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Copyright © Thomson Reuters 2013. All rights reserved.
2013-06-18 08:05:04 -

June 18, Zaandam, the Netherlands - Ahold today announced a new Executive
Committee (ExCo) leadership structure, which will enable the company to
accelerate its Reshaping Retail strategy. The new ExCo will simplify the
company's governance structure and decision-making process, and ensure that the
company's business and functional leaders are represented at the highest level.

Joining Ahold to become part of the seven-strong Executive Committee is Hanneke
Faber as Chief Commercial Officer (CCO). Hanneke, reporting to CEO Dick Boer,
joins Ahold from Procter & Gamble, where she worked in various senior general
management and marketing roles in the United States, Switzerland, Greece and the
Netherlands. She brings years of global experience in innovation, strategy,
customer insights and leading international brands to Ahold. In her new role as
CCO, Hanneke will be leading 
all global online and customer loyalty initiatives. The other members of the Executive Committee and their responsibilities are: * Chief Executive Officer Dick Boer: overall Reshaping Retail strategy, communications, external relations * Chief Financial Officer Jeff Carr: finance, information management, real estate, simplicity * Chief Corporate Governance Counsel Lodewijk Hijmans van den Bergh: legal & compliance, mergers & acquisitions, responsible retailing * Chief Operating Officer Ahold USA James McCann: business operations, continental strategy * Chief Operating Officer Ahold Europe Sander van der Laan: business operations, continental strategy * Chief Human Resources Officer: HR, leadership, organizational design "Following the development and implementation of Reshaping Retail, Ahold is now at a point to adjust its leadership structure in a way that will best drive and support our growth phase," said CEO Dick Boer.  "Furthermore, I am delighted that we have Hanneke joining our company. Coming from a world-class marketing organization, she will provide us with key insights in leading online and customer loyalty initiatives going forward." The members of the Executive Committee will officially take up their roles starting September 1, 2013. Note to editors (not for publication) Ahold will continue to operate a two-tier Board structure. The Executive Committee will be charged with the management of Ahold. The Management Board, as appointed by the General Meeting of Shareholders, will always bear full responsibility for this management. The Management Board is supervised and advised by the Supervisory Board. The two Boards are accountable to the General Meeting of Shareholders. 2013/13 Ahold_pressrelease_ExCo_CCO: Picture Hanneke Faber: This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients. The owner of this announcement warrants that: (i) the releases contained herein are protected by copyright and other applicable laws; and (ii) they are solely responsible for the content, accuracy and originality of the information contained therein. Source: Ahold via Thomson Reuters ONE [HUG#1706297]

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