Bert Roetert, CEO of Dutch retailer Schuitema, is to leave following confirmation of the change of control at the company.
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Roetert informed the Schuitema board of his decision after private equity group CVC secured regulatory approval for its purchase of the 73% held in the business by Dutch retail giant Ahold.
He said: “In coming to Schuitema, my main task was to bring Schuitema to play a totally independent role in a consolidating market. This historic milestone has been reached and C1000 is writing a new piece of history.”
Schuitema runs the C1000 stores in the Netherlands.
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