Ahold Delhaize : Ahold Delhaize announces resignation of James McCann and appointment of Kevin Holt at Ahold USA

Zaandam, the Netherlands, 5 October 2016 -  Today Ahold Delhaize announced that James McCann, member of the Management Board of Ahold Delhaize, has resigned in order to move out of full-time executive work and into a portfolio of non-executive and advisory roles. He will remain available to provide an appropriate hand over and transition through April 30, 2017.

James joined Ahold in September 2011 as Chief Commercial Officer, taking over responsibilities for Ahold USA in 2013. After the merger between Ahold and Delhaize Group in July 2016, he became member of the Ahold Delhaize Management Board and continued his leadership role at Ahold USA.

Dick Boer, CEO Ahold Delhaize: "We thank James for his significant contributions both driving our e-commerce strategy whilst based in Europe and for the last three-and-a-half years driving the transformation at Ahold USA, supporting the Stop & Shop New York, Stop & Shop New England, Giant Landover, Giant Carlisle, Martin's and Peapod brands. We wish James and his wife Tania all the best for the future."

James McCann will be succeeded at Ahold USA by Kevin Holt. Kevin currently is CEO of Delhaize America and member of the Management Board of Ahold Delhaize.

Dick Boer: "As the new leader of Ahold USA, Kevin brings a wealth of US retail experience and he is recognized for his leadership skills."

Kevin Holt: "I am looking forward to getting to know Ahold USA and the great brands it is supporting. I am leaving Delhaize America with pride for the transformations we have accomplished and with gratitude for the support and warmth I received from the many associates and customers."

Following Kevin's departure from Delhaize America to assume his new role at Ahold USA, Delhaize America including the Food Lion and Hannaford brands will be reporting on an ad interim basis to Frans Muller, Deputy CEO of Ahold Delhaize. Both Frans and Kevin will assume their new accountabilities effective immediately and will continue to report to Dick Boer.

161005 Press release Ahold Delhaize

---

This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Ahold Delhaize via Globenewswire