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Wakkie To Retire From Ahold

Ahold yesterday said Peter Wakkie has decided to retire from Ahold, effective Dec. 31.

AMSTERDAM – Ahold yesterday said Peter Wakkie has decided to retire from Ahold, effective Dec. 31.

Wakkie, 60, is chief corporate governance counsel and is a member of the Ahold corporate executive board. He joined Ahold in October of 2003 following a 31-year career with a Dutch law firm.

Initially, Wakkie was involved in managing the multiple investigations and lawsuits that Ahold faced in the wake of its 2003 financial implosion, and he was tasked with establishing a better corporate governance structure. Since then, he was heavily involved in Ahold’s divestment program and was chief architect of the company’s corporate responsibility strategy.

“Peter’s contribution and support during his time at Ahold have been invaluable,” said John Rishton, chief executive officer, Ahold. He has been a pivotal member of our executive board and has played an enormous role in shaping Ahold’s strategy for sustainable profitable growth.” Ahold said a successor will be nominated later this year.

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