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Ahold names Rishton ceo

11/16/2007

AMSTERDAM, the Netherlands Ahold Friday announced the appointment of John Rishton as president and ceo. Rishton has been in the role of acting president and ceo since July.

Ahold also announced the appointment of Kimberly Ross, currently deputy cfo, as cfo, succeeding Rishton. She has been nominated by the supervisory board for appointment to the Ahold corporate executive board and will assume her responsibilities as acting executive board member with immediate effect.

Rene Dahan, chairman of Ahold’s supervisory board, said, “After careful consideration, the supervisory board unanimously reached the conclusion that John is the right individual to lead Ahold into the future. John has the skills, capabilities, and knowledge of Ahold, necessary to drive Ahold’s strategy for sustainable profitable growth. I am delighted he has accepted the role."

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