Appointment of Two New Ahold Executive Board Members.Business Editors ZAANDAM, The Netherlands--(BUSINESS WIRE)--April 9, 2001 Royal Ahold (NYSE NYSE See: New York Stock Exchange : AHO), the international food retail and foodservice company, will seek approval from shareholders at its Annual General Meeting to be held on 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 U.S. Foodservice is one of the largest broadline foodservice distributor in the United States. The company distributes food and related products to over 250,000 customers, including restaurants, healthcare facilities, lodging establishments, cafeterias, schools and colleges. U.S. . 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 Supervisory board The board of directors that represents stakeholders in the governance of the corporation. . Bill Grize (54) is an American national. He has a long experience in food retail with Ahold and, among other positions, was President & CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Stop & Shop. Jim Miller Jim Miller may refer to any of the following individuals:
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 Ica (ē`kä), city (1993 pop. 108,724), capital of Ica dept., SW Peru, on the Pan-American Highway. It is a commercial center for the cotton, wool, and wine produced in the region. There are several summer resorts nearby. 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 See Chief Financial Officer. ), Jan Andreae (Europe), Bill Grize (US-retail), Jim Miller (US-foodservice), Allan Noddle nod·dle n. The head. [Middle English noddel, back of the head, perhaps from Latin n (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 The name Michael Perry may mean:
NOT FOR PUBLICATION: - A separate press release with highlights from the Annual Report is being forwarded to you today. - Pictures of the new Corporate Executive Board members can be downloaded from the Ahold.com website. The Ahold press office can also e-mail or otherwise forward to you the images (tel. +31 75 659 5720). - An invitation for the press meeting on the day of the Annual Meeting, May 15 in The Hague, follows later. It also invites you to attend the Annual Meeting as an observer. - Copies of the Annual Report 2000 and Shareholders Meeting agenda are mailed to the media today. Royal Ahold Royal Ahold operates approximately 8,500 supermarkets, hypermarkets and other store formats in the United States, Europe, Latin America and Asia with consolidated 2000 sales of close to USD USD In currencies, this is the abbreviation for the U.S. Dollar. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. 50 billion (Euro 52.2 billion). The company also has a significant presence in the foodservice sector and is swiftly developing its position in internet-based home delivery. Ahold employs almost 420,000 associates and serves the food needs of over 35 million customers and more than 200,000 foodservice accounts in 25 countries every week. Ahold's website can be found at www.ahold.com. Royal Ahold press releases may contain `forward-looking' statements. Actual results may differ from such statements as they may have been influenced by factors beyond the Company's ability to control. |
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