AMSTERDAM — An appeals court here has sentenced three former Ahold executives to suspended sentences and fines over their roles in the retailer’s 2003 accounting scandal, reports said.
Cees van der Hoeven, the former chief executive officer, was sentenced to pay a fine of about $39,000 (U.S.) Michiel Meurs, the former chief financial offer, was sentenced to 240 hours of community labor, fined $131,000 and given a six-month suspended sentence; and Jan Andrae, a former board member, was given ...
REGISTER TO VIEW THIS ARTICLE - Register for a Free Account
Registering for content on Supermarket News will give youINSTANTaccess 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’sFREE, easy and quick. What are you waiting for!In addition you will also receive complimentary access to the SN salary survey data tables.
Click here to read the FAQ page if you have any questions (opens in a new window)
Attention Paid Print Subscribers: While you have already been grantedfreeaccess to SNwe ask that youregister now.We promise it will only take a few minutes! Or visit your profile and add your print magazine account number and zip code.