Ahold Delhaize plans to give its CEO another go

Ahold Delhaize, the Dutch parent of U.S. brands such as Food Lion and The Giant Co., said Wednesday that its supervisory board will propose the reappointment of Frans Muller as president and CEO and member of the management board at the general meeting of shareholders in April.

“We are delighted that Frans will continue as president and CEO of Ahold Delhaize, subject to shareholder approval,” said Peter Agnefjäll, chair of the supervisory board of Ahold Delhaize, in a statement. “Since he started in this role in July 2018, the company has continued to build on its strengths. Under Frans’ leadership, the Leading Together strategy was introduced, which increased its ability to better serve its customers.”

Muller, who became president and CEO in 2018, expressed gratitude regarding the nomination for his reappointment.

“I am grateful for the nomination and would be honored to continue to lead Ahold Delhaize, together with the executive committee colleagues, our great local brands and caring associates, making sure we support our communities and deliver on our purpose of helping our customers eat well, save time and live better,” Muller said in a statement.

Prior to his position as president and CEO, Muller served as a member of the management board and deputy CEO and chief integration officer.

“Frans and the executive team he built have demonstrated the long-term validity of their strategic choices, delivering solid financial results,” Agnefjäll said in a statement. “From this basis, the company is able to contribute positively to communities and address the challenges facing our society, like keeping healthy and sustainable food affordable.”

Ahold Delhaize's U.S. banners include Stop & Shop, Hannaford, Martin’s, Giant Food, The Giant Co. and Food Lion.