Zaandam, The Netherlands, April 9, 2001 - Royal Ahold, the international food retail and foodservice company, will seek approval from shareholders at its Annual General Meeting to be held May 15 in The Netherlands, to appoint two new members to the Ahold Corporate Executive Board, William J. Grize, President/CEO Ahold USA-Retail and James L. Miller, President/CEO U.S. Foodservice.
The agreement of Ahold shareholders is required as they will also be asked at the same meeting to approve amendments to the Articles of Association concerning the so-called ‘structure regime’. This will allow shareholders to have more influence regarding the composition of Ahold’s Corporate Executive Board and Ahold’s Supervisory Board.
Bill Grize (54) is an American national. He has a long experience in food retail with Ahold and, among other positions, was President & CEO of Stop & Shop. Jim Miller (52) is also an American national. He leads Ahold’s foodservice activities in the US. Following approval by shareholders, these appointments will be effective as per September 1, 2001.
As announced earlier, Robert G. Tobin (62), will retire from Ahold’s Corporate Executive Board. It is proposed that he becomes a member of the Supervisory Board. Roland Fahlin (62), who recently stepped down as Chairman of the ICA Group, has also been proposed as a new member of the Supervisory Board.
After approval by shareholders, Ahold’s Corporate Executive Board from September 1, 2001 will consist of the following members: Cees van der Hoeven (President/CEO), Michiel Meurs (CFO), Jan Andreae (Europe), Bill Grize (US-retail), Jim Miller (US-foodservice), Allan Noddle
(Latin America/Asia) and Theo de Raad (special projects). It is expected that Allan Noddle will retire early 2002 as an Ahold Corporate Executive Board member. His responsibilities will be transferred to Theo de Raad.
Following approval of shareholders, the Ahold Supervisory Board, as of September 1, 2001 will consist of the following members: Henny de Ruiter (Chairman), Cor Boonstra, Roland Fahlin, Jos A. van Kemenade, Sir Michael Perry, Robert G. Tobin and Lodewijk J. R. de Vink.