AMSTERDAM, Netherlands -- Ahold Chief Executive Officer Cees van der Hoeven and three other former executives and directors are scheduled to stand trial here for fraud next year, a source at Ahold confirmed last week. ttee member. The charges relate to allegations that Ahold improperly booked revenues from some of its overseas subsidiaries prior to February 2003, when both van der Hoeven and Meurs resigned amid Ahold's revelation that it had overstated its profits by what turned out to be ...
REGISTER TO VIEW THIS ARTICLE - Register for a Free Account
Why Register for FREE?
Registering for content on Supermarket News will give you INSTANT access to invaluable articles and media content that industry professionals rely on. You will have access to our special reports, feature articles, and industry analysis. It’s FREE, easy and quick. What are you waiting for! In addition you will also receive a complimentary copy of SN's salary survey sent to you by email.
Attention Paid Print Subscribers: While you have already been granted free access to SN we ask that you register now. We promise it will only take a few minutes! Or visit your profile and add your print magazine account number and zip code.