Troubled Dutch retail giant Ahold has nominated Hannu Ryopponen to become the company’s chief financial officer from 1 September.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more


Ryopponen, who is from Finland, is currently finance director of private equity firm Industri Kapital Group in London. Between 1985 and 1998 Ryopponen worked for Swedish furniture group Ikea, a company for which Ahold’s new chief executive Anders Moberg also worked.


The appointment is conditional on shareholders’ approval. Interim CFO Dudley Eustace, who was appointed following the February resignation of Ahold CFO Michael Meurs, is to stay on until further notice, reported Reuters.


Ahold has been hit by an accounting scandal that led to the resignation of the company’s CEO and CFO.

GlobalData Strategic Intelligence

US Tariffs are shifting - will you react or anticipate?

Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.

By GlobalData

Just Food Excellence Awards - Have you nominated?

Nominations are now open for the prestigious Just Food Excellence Awards - one of the industry's most recognised programmes celebrating innovation, leadership, and impact. This is your chance to showcase your achievements, highlight industry advancements, and gain global recognition. Don't miss the opportunity to be honoured among the best - submit your nomination today!

Nominate Now