Friday, April 27, 2007
Amsterdam – Ahold today announced that Anders Moberg, President and Chief Executive Officer, will leave the company effective July 1, 2007, to pursue other career interests.
Moberg’s decision to leave the company was taken in consultation with the Supervisory Board who agreed that now is the right time for a change of leadership at Ahold as the company moves into the next phase of its development.
The Supervisory Board has appointed John Rishton, currently Ahold’s Chief Financial Officer, as Acting President and CEO, effective July 1, 2007. While in that position, Rishton will continue to conduct his duties as CFO. It is expected that a final decision on succession will be announced in the latter part of 2007.
Moberg joined Ahold in 2003. During the past four years he has been the principal architect of the company’s Road to Recovery strategy, which established a sound corporate governance model, restored financial health and put Ahold on track for sustainable profitable growth.
“Anders has made a great contribution to restoring the health of Ahold”, said René Dahan, Chairman of Ahold’s Supervisory Board. “With this achieved, and the strategy for Ahold’s future profitable growth in place, now is a good time for new leadership to be appointed to take the company through its next set of challenges and opportunities. We wish Anders every success in his future endeavors,” Dahan added.
Pictures Anders Moberg and John Rishton
Profiles Anders Moberg and John Rishton