Press release: Ahold organizes for growth
(Thomson Reuters ONE) - Amsterdam, The Netherlands - Ahold today announced a series ofchanges in its European and US businesses to create a strong platformfor future growth.The reorganization in both continents delineates the responsibilityfor running operations, supporting the operations, and businessdevelopment. The changes will ensure a sharper focus on localcustomer needs, provide efficient and effective support functions ineach continent, and a more robust approach to business development.The changes will further simplify and standardize processes andstructure to ensure the company can integrate acquisitions moreeasily, as it pursues its strategy for profitable growth.Dick Boer, the COO for Ahold Europe, member of the CorporateExecutive Board, and CEO of Ahold Netherlands, continues to beresponsible for all European activities and has appointed Sander vander Laan to head Albert Heijn as its new general manager. Van derLaan will return to the Netherlands from his current role atGiant-Carlisle in the United States to start in January 2010.Lawrence Benjamin, the COO for Ahold USA and member of the CorporateExecutive Board, continues to be responsible for all US operationsand has appointed Carl Schlicker as CEO of four newly reorganized USDivisions - Stop & Shop New England, Stop & Shop Metro New York,Giant-Landover and Giant-Carlisle.Commenting on the global reorganization, Ahold's CEO John Rishtonsaid "The changes we have announced today build a strong platform forfuture growth. We are further simplifying and streamlining ourbusinesses and will be able to provide even greater focus on ourcustomers. The changes will also allow Dick Boer and Larry Benjaminto devote more time to growth opportunities in existing and newmarkets."Ahold Press Office: +31 20 509 5291Ahold Investor Relations: +31 20 509 5216Cautionary noticeThis press release includes forward-looking statements, which do notrefer to historical facts but refer to expectations based onmanagement's current views and assumptions and involve known andunknown risks and uncertainties that could cause actual results,performance or events to differ materially from those included insuch statements. These forward-looking statements include, but arenot limited to, statements as to delineation of responsibilities,Ahold's sharper focus on local customer needs, support functions andbusiness development, integration of acquisitions and future growth.These forward-looking statements are subject to risks, uncertaintiesand other factors that could cause actual results to differmaterially from future results expressed or implied by theforward-looking statements. Many of these risks and uncertaintiesrelate to factors that are beyond Ahold's ability to control orestimate precisely, such as the effect of general economic orpolitical conditions, fluctuations in exchange rates or interestrates, increases or changes in competition, Ahold's ability toimplement and complete successfully its plans and strategies, thebenefits from and resources generated by Ahold's plans and strategiesbeing less than or different from those anticipated, changes inAhold's liquidity needs, the actions of competitors and third partiesand other factors discussed in Ahold's public filings. Readers arecautioned not to place undue reliance on these forward-lookingstatements, which speak only as of the date of this press release.Koninklijke Ahold N.V. does not assume any obligation to update anypublic information or forward-looking statements (referred to) inthis press release to reflect subsequent events or circumstances,except as may be required by securities laws. Outside theNetherlands, Koninklijke Ahold N.V., being its registered name,presents itself under the name of "Royal Ahold" or simply "Ahold".http://hugin.info/130711/R/1352713/327353.pdfThis announcement was originally distributed by Hugin. The issuer is solely responsible for the content of this announcement.
Datum: 05.11.2009 - 08:00 Uhr
Sprache: Deutsch
News-ID 7930
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