Chief Financial Officer Natalie Knight to leave Ahold Delhaize
Ahold Delhaize announces the departure of Natalie Knight, CFO since 2020, as she seeks new opportunities in the U.S. She will serve a six-month notice. CEO Frans Muller acknowledged her contributions, including driving financial alignment and supporting sustainability. Knight emphasized the significance of the grocery sector during the COVID-19 pandemic and highlighted the company’s strong financial results and commitment to e-commerce and sustainability. The search for a new CFO has commenced, with further announcements forthcoming.
- Natalie Knight enhanced financial reporting and drove sustainability initiatives.
- The company has maintained strong financial results during her tenure.
- The departure of the CFO may create uncertainty during the transition period.
Zaandam, the Netherlands, 10 January 2023 – Ahold Delhaize today announces that Natalie Knight, CFO since 2020, has informed the company that she will pursue another career opportunity in the United States of America, and will leave Ahold Delhaize. A six months’ notice period applies. The search for a successor has started.
Frans Muller, President & Chief Executive Officer Ahold Delhaize said: “Although her time at Ahold Delhaize has been short, I respect Natalie’s decision to move her family back to the United States after more than 25 years in Europe. During her tenure here, Natalie has had a positive impact on our company, driving greater alignment across the Finance function, fueling our Save for our Customers program and taking financial reporting and communication to the next level. Her passion for sustainability and diversity has supported advancing these topics across our business. I look forward to our continued collaboration through the next months as we further implement our Leading Together Strategy.”
Natalie added: “It has been an honor to serve this great company and its associates during a time when the COVID-19 pandemic showed us the importance of grocery retail in the communities we serve. I am proud that throughout it all, we’ve been able to deliver not only strong financial results but also ensure financial stability of the company, advance e-commerce profitability and increase our future-focused investments such as sustainability. I look forward to continue working with Frans and the team to ensure a smooth transition and to help identify my successor.”
Further announcements will be made in due course.
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 and expressions such as to leave, will, decision, continue(d), next few months, further, ensure, look forward, transition, due course 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.
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