Dutch retail giant Ahold has confirmed that the US Department of Justice and the US Securities and Exchange Commission have brought charges against four former executives of its US subsidiary US Foodservice.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more


The charges levelled against former marketing director Mark Kaiser, former chief financial officer Michael Resnick, former purchasing manager Timothy Lee and a former vice president William Carter, relate to accounting irregularities at US Foodservice that were revealed by the company in February 2003.


According to the charges, the US government alleges that the four former executives engaged in securities laws violations. Lee was also charged with insider trading in securities of US Foodservice before its acquisition by Ahold and making false statements to a government official.


“US Foodservice has been actively cooperating with the authorities in their investigations. We will continue to cooperate with the government in its efforts to hold accountable those individuals who may have violated the law and abused our trust,” said US Foodservice’s new CEO, Lawrence Benjamin.

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