Ahold Delhaize proposes to reappoint CEO Frans Muller
Ahold Delhaize announced on September 28, 2022, that it will propose the reappointment of Frans Muller as President and CEO at the Annual General Meeting scheduled for April 12, 2023. The supervisory board praised Muller's leadership since 2018, highlighting the successful implementation of the Leading Together strategy, which has improved customer service and resulted in solid financial results. Muller expressed gratitude for the nomination and emphasized a commitment to supporting communities and enhancing customer satisfaction.
- Frans Muller continues leadership, enhancing brand stability.
- Successful implementation of the Leading Together strategy increases customer service.
- None.
Zaandam, the Netherlands, 28 September 2022 - Ahold Delhaize today announces that its Supervisory Board intends to propose the reappointment of Frans Muller as President and CEO and member of the Management Board at the Annual General Meeting of Shareholders on 12 April 2023.
Peter Agnefjäll, Chair of the Supervisory Board of Ahold Delhaize, stated: “We are delighted that Frans will continue as President and CEO of Ahold Delhaize, subject to shareholder approval. Since he started in this role in July 2018, the company has continued to build on its strengths. Under Frans’ leadership the Leading Together strategy was introduced, which increased its ability to better serve its customers.”
“Frans and the executive team he built have demonstrated the long term validity of their strategic choices, delivering solid financial results. From this basis the company is able to contribute positively to communities and address the challenges facing our society, like keeping healthy and sustainable food affordable.”
Upon the nomination for reappointment, Frans Muller said: “I am grateful for the nomination and would be honored to continue to lead Ahold Delhaize, together with the Executive Committee colleagues, our great local brands and caring associates, making sure we support our communities and deliver on our purpose of helping our customers eat well, save time and live better.”
Frans Muller became President and CEO on 1 July 2018. Before that, he served as member of the Management Board and Deputy Chief Executive Officer and Chief Integration Officer since 2016. Prior to Ahold Delhaize, Frans was the President and CEO of Delhaize Group.
-ENDS-
Cautionary notice
This communication contains information that qualifies as inside information within the meaning of Article 7(1) of the EU Market Abuse Regulation.
This communication includes forward-looking statements. All statements other than statements of historical facts may be forward-looking statements. Words such as proposes, to, reappoint, intends, 2023, remains, is, keeping, continue to, making sure, deliver and purpose, or other similar words or expressions, are typically used to identify forward-looking statements.
Forward-looking statements are subject to risks, uncertainties and other factors that are difficult to predict and that may cause actual results of Koninklijke Ahold Delhaize N.V. (the “Company”) to differ materially from future results expressed or implied by such forward-looking statements. Such factors include, but are not limited to, the risk factors set forth in the Company’s public filings and other disclosures. Forward-looking statements reflect the current views of the Company’s management and assumptions based on information currently available to the Company’s management. Forward-looking statements speak only as of the date they are made and the Company does not assume any obligation to update such statements, except as required by law.
For more information
- Press office: +31 88 6595134 / media.relations@aholddelhaize.com
- Investor relations: +31 88 659 5213 / investor.relations@aholddelhaize.com
- Social media: Instagram: @Ahold-Delhaize | LinkedIn: @Ahold-Delhaize | Twitter: @AholdDelhaize
About Ahold Delhaize
Ahold Delhaize is one of the world’s largest food retail groups and a leader in both supermarkets and e-commerce. Its family of great local brands serves 55 million customers each week, both in stores and online, in the United States, Europe, and Indonesia. Together, these brands employ more than 413,000 associates in 7,452 grocery and specialty stores and include the top online retailer in the Benelux and the leading online grocers in the Benelux and the United States. Ahold Delhaize brands are at the forefront of sustainable retailing, sourcing responsibly, supporting local communities and helping customers make healthier choices. The company’s focus on four growth drivers – drive omnichannel growth, elevate healthy and sustainable, cultivate best talent and strengthen operational excellence – is helping to fulfil its purpose, achieve its vision and prepare its brands and businesses for tomorrow. Headquartered in Zaandam, the Netherlands, Ahold Delhaize is listed on the Euronext Amsterdam and Brussels stock exchanges (ticker: AD) and its American Depositary Receipts are traded on the over-the-counter market in the U.S. and quoted on the OTCQX International marketplace (ticker: ADRNY). For more information, please visit:www.aholddelhaize.com.
Attachment
FAQ
What is the significance of Frans Muller's reappointment for Ahold Delhaize?
When will the shareholders vote on Frans Muller's reappointment?
How long has Frans Muller been CEO of Ahold Delhaize?
What strategy has Ahold Delhaize implemented under Frans Muller's leadership?
What are the potential impacts of Muller's leadership on Ahold Delhaize's stock (ADRNY)?
