Ahold Delhaize readies executive team

The soon-to-be Ahold and Delhaize Group has named four new members to its future executive committee that will oversee the newly merged company.

Marc Croonen was appointed to the newly created role of chief sustainability, transformation and communications officer. Croonen was previously exec-VP of human resources, internal communications and sustainability for Delhaize.

Another new role, chief e-commerce and innovation officer, will be filled by Hanneke Faber, who was Ahold's former chief commercial officer.

Two former Ahold executives will take on the same roles they had pre-merger. Jan Ernst de Groot will serve as chief legal officer and Abbe Luersman will be chief human resources officer.

These four executive board members will all report to Ahold Delhaize CEO Dick Boer. The executive committee as a whole is responsible for day-to-day management of the company.

As previously announced, the management board includes Boer, Frans Muller, deputy CEO and chief integration officer, CFO Jeff Carr, COO Europe Pierre Bouchut, COO USA Kevin Holt and COO USA James McCann. The management board is tasked with overall management and decision-making, with fiduciary responsibility toward the supervisory board and shareholders.

Kostas Macheras, Delhaize's exec-VP and CEO of southeastern Europe, is retiring from the company in March 2016 after 19 years with the company. He shared his intentions before talks of the merger.

The Ahold-Delhaize merger, valued at $29 billion, is expected to be completed in mid-2016 and will create one of the largest supermarket chains in the U.S. Press Release