Rishton appointed Ahold president and CEO

AMSTERDAM, Netherlands Ahold’s acting president and chief executive officer, John Rishton, has been officially appointed the position, the company announced last week. Rishton has been acting president and chief executive officer since July 2007.

Additionally, the company also said that Kimberly Ross, currently deputy chief financial officer, is now chief financial officer, succeeding Rishton, and has been nominated by the Supervisory Board for appointment to the Ahold Corporate Executive Board and will assume her responsibilities as acting executive board member with immediate effect.

Rishton’s appointment as President and chief executive officer and Ross’ appointment as chief financial officer take effect immediately. In addition, Peter Wakkie, executive vice president and chief corporate governance counsel, has agreed to accept another term as a member of the corporate executive board.

The appointment of Kimberly Ross to the Corporate Executive Board and the reappointment of Peter Wakkie will be proposed by the Supervisory Board to the Annual General Meeting of Shareholders on April 23, 2008.

Login or Register to post a comment.