KONINKLIJKE AHOLD NV ADS EACH RE
SymbolAHO

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Press release: Ahold organizes for growth

2009-11-05 02:05 ET - News Release

AMSTERDAM, NETHERLANDS -- (MARKET WIRE) -- 11/05/09

Ahold today announced a series of changes in its European and US businesses to create a strong platform for future growth.

The reorganization in both continents delineates the responsibility for running operations, supporting the operations, and business development. The changes will ensure a sharper focus on local customer needs, provide efficient and effective support functions in each continent, and a more robust approach to business development. The changes will further simplify and standardize processes and structure to ensure the company can integrate acquisitions more easily, as it pursues its strategy for profitable growth.

Dick Boer, the COO for Ahold Europe, member of the Corporate Executive Board, and CEO of Ahold Netherlands, continues to be responsible for all European activities and has appointed Sander van der Laan to head Albert Heijn as its new general manager. Van der Laan will return to the Netherlands from his current role at Giant-Carlisle in the United States to start in January 2010.

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