Amsterdam, The Netherlands, May 10, 2006 - Ahold today announced that Dick Boer, President and CEO of the Albert Heijn Arena, has been nominated for appointment by the Supervisory Board to the Ahold Corporate Executive Board. He will assume his responsibilities as acting Executive Board member with immediate effect. The General Meeting of Shareholders for his appointment will be scheduled at a later date.
Dick will remain President and CEO of the Albert Heijn Arena in addition to his new board responsibilities.
Dick’s initial focus on the Corporate Executive Board will be to head a review of Ahold’s retail operations. The objective of the review will be to develop recommendations to accelerate the plans to drive and fund identical sales volume growth across Ahold’s global retail businesses. Ahold’s Chief Financial Officer, John Rishton, and Ahold’s President and CEO of U.S. Foodservice, Lawrence Benjamin, will assist in the review.
Dick joined Ahold in 1998 as CEO of Ahold Czech Republic and was appointed President and CEO of Albert Heijn in 2000. In 2003, he became President and CEO of the Albert Heijn Arena, which comprises Albert Heijn, Etos and Gall & Gall. Prior to joining Ahold, Dick spent more than 17 years in various retail positions for SHV Holdings in the Netherlands and abroad, and for Unigro N.V., now Laurus N.V.
Commenting on Dick’s nomination to the Corporate Executive Board, Anders Moberg, President and CEO of Ahold, said: “Dick is an experienced retailer with a proven track-record. His highly successful value-repositioning program at Albert Heijn continues to increase our market-share and drive profitable growth in that arena. I am extremely pleased to have him join the board, and am confident that he will play a significant role in contributing to the execution of our group-wide initiatives and future strategy.”