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Ahold and Delhaize Reveal Future Executive Team

Ahold and Delhaize Group has revealed the proposed members of the executive committee of Ahold Delhaize, effective upon completion of the proposed merger of the two companies.

As Progressive Grocer reported on June 24, the future executive committee will be comprised of the management board members, and will be supplemented by the following four members, in alphabetical order, who will report directly to the Ahold Delhaize CEO:

  • Marc Croonen, chief sustainability, transformation & communications officer
  • Hanneke Faber, chief e-commerce & innovation officer
  • Jan Ernst de Groot, chief legal officer
  • Abbe Luersman, chief human resources officer

Ahold and Delhaize Group have created two new important roles in the future executive committee to help shape and drive the company's ambitions as a responsible and innovative retailer: chief sustainability, transformation & communications officer and chief e-commerce & innovation officer. At the level of the supervisory board, these areas will be overseen by a sustainability and innovation committee.

As PG also prevoiusly announced, the proposed Ahold Delhaize management board consists of CEO Dick Boer; Deputy CEO and Chief Integration Officer Frans Muller; CFO Jeff Carr; COO Europe Pierre Bouchut; COO USA Kevin Holt; and COO USA James McCann.

The management board will be responsible for the overall management and decision-making of the new company and will have fiduciary responsibility towards the supervisory board and shareholders, while the future executive committee will be charged with the day-to-day management of the company.

When announcing the newly formed executive team, the company issued the following joint statement: "With a strong and balanced leadership team with representation from both companies, it exhibits the right combination of functional capabilities and retail experience to steer a company that will greatly expand its reach to deliver even more for the customers and communities it serves. The team will be well-positioned to drive and support integration, while managing the businesses for continued customer service and commercial success."

Ahold and Delhaize remain on track to complete their proposed merger by mid-2016. The appointment of the future management board members and other important elements of the merger are subject to shareholder approval and regulatory clearance as well as other customary conditions.

More information about the impending merger of the two international retail conglomerates can be found here.

 

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