Troubled Dutch retail giant Ahold has nominated Hannu Ryopponen to become the company’s chief financial officer from 1 September.
Go deeper with GlobalData
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.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalData
