NETHERLANDS: Ahold chairman Dahan to step down
By Michelle Russell | 6 March 2013
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Rene Dahan will step down in October |
Dutch retail giant Ahold has said the chairman of its supervisory board, Rene Dahan, is to step down.
Ahold said today (6 March), that Dahan will step down in October after almost a decade in the role. He will be succeeded by outgoing CEO of ING Groep Jan Hommen with effect from 1 October.
Hommen was previously vice chairman of Ahold's supervisory board and served as chairman of the audit committee from 2003 to 2007.
Dahan said of his departure: "I have announced my intention to leave the Ahold supervisory board knowing that the company is well positioned for the future. I welcome the company's proposal to appoint Jan Hommen as a new supervisory board member and as my future successor."
Rene Dahan announces intention to step down as Chairman of Ahold Supervisory Board, Ahold announces intention to propose Jan Hommen as member of Supervisory Board
In view of his intended resignation, Ahold will propose to the General Meeting of Shareholders to appoint Mr. Jan Hommen as a member of the Ahold Supervisory Board with effect from October 1, 2013.
Pending approval of Mr. Hommen’s nomination to the Supervisory Board at the General Meeting of Shareholders on April 17, 2013, the Ahold Supervisory Board intends to appoint Mr. Hommen in the role of Chairman of the Ahold Supervisory Board in October 2013.
Mr Hommen was previously vice chairman of the Supervisory Board of Ahold and served as chairman of the Audit Committee from 2003 to 2007. He also served as vice chairman of the board of management at Royal Philips Electronics, and held positions in the Supervisory Boards of TNT N.V. and Reed Elsevier N.V. Mr. Hommen is currently the CEO of ING Group. He will step down from this position per 1 October 2013.
“I have announced my intention to leave the Ahold Supervisory Board knowing that the company is well positioned for the future. I welcome the company’s proposal to appoint Jan Hommen as a new Supervisory Board member and as my future successor,” said Dahan.
Dick Boer, CEO of Ahold said: “Now that Rene Dahan has announced his intention to resign as Chairman, I would like to express my appreciation for his work over the past years. His experience and wisdom has helped Ahold become the company it is today. For that we would like to thank him.”
Ahold will also propose to the AGM a new term to the Supervisory Board for Mr. B.J. Noteboom, Mr. D.C Doijer and Mrs. S.M. Shern, with effect from April 17, 2013.
Additional information on the composition of the Supervisory Board and on Ahold’s full-year results which were first presented February 28, 2013, is included in Ahold's 2012 Annual Report that was published today.
Ahold’s Annual General Meeting of Shareholders will be held at the Muziekgebouw aan t IJ in Amsterdam on April 17, 2013, beginning at 14:00 hours CET.
Original source: Ahold
Sectors: Retail
Companies: Ahold
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