New Leadership Ahead for Ahold Delhaize USA

Ahold Delhaize announced that Kevin Holt, current CEO of Ahold Delhaize USA, plans to retire and step down from the Ahold Delhaize Management Board when his term expires. Ahold Delhaize will nominate JJ Fleeman as member of the Ahold Delhaize Management Board and CEO of Ahold Delhaize USA at the Annual General Meeting (AGM) of shareholders on April 12th, 2023, subject to shareholder approval at the AGM. After the AGM, Holt will remain with Ahold Delhaize USA in an advisory capacity until he retires at the end of 2023, to ensure a smooth transition. Fleeman has served as President, Peapod Digital Labs and Chief Commercial and Digital Officer of Ahold Delhaize USA since May 2018. Through Peapod Digital Labs, a center of excellence serves as the engine that powers U.S. eCommerce and digital strategies, Fleeman is responsible for enabling the local brands of Ahold Delhaize USA to deliver an unparalleled omnichannel grocery experience. Fleeman has spent a major part of his 30-year career in grocery retail in Ahold Delhaize companies, including Food Lion, the largest U.S. brand, serving a diverse array of executive leadership roles, covering strategy, commercial, digital, retail operations, marketing, and merchandising. It is reported that Fleeman will continue to be based in Salisbury, N.C., and spend time across other U.S. offices.  Ahold Delhaize USA, based in Quincy, Massachusetts, is the third-largest U.S. conventional supermarket retailer. The company operates more than 2,000 grocery stores along the U.S. East Coast under the retail banners Stop & Shop, Giant Food, Giant/Martin’s, Food Lion, and Hannaford. Its business units also include online grocer FreshDirect, e-commerce and digital technology provider Peapod Digital Labs, and retail services arm Retail Business Services (RBS).