Ahold CFO Kimberly Ross has decided to leave the Dutch retailer for the top finance job at US beauty group Avon.
Ross, who has spent a decade at the Albert Heijn retailer, will leave the business in November. She became CFO in 2007.
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CEO Dick Boer said: “Kimberly has played a major role at Ahold in the ten years she has been with us. Today we are a stable and financially sound company with a strong balance sheet.”
Ahold said it had begun an “international search” for Ross’s replacement, although a spokesman indicated that the world’s seventh-largest retailer would consider internal and external candidates.
