Ahold Delhaize has announced that Kevin Holt, the chief executive of Ahold Delhaize USA, plans to retire and will step down from the company's management board after his term expires in April of next year.
The company will nominate the president of Peapod Digital Labs and chief commercial and digital officer of Ahold Delhaize USA, JJ Fleeman (pictured), as Holt's successor at the AGM in April 2023.
His appointment to the management board will be subject to shareholder approval.
Holt will remain with Ahold Delhaize USA in an advisory capacity until the end of 2023 to ensure a seamless transition.
Holt commented, “My time at the companies of Ahold Delhaize USA has been some of the best years of my career in retail. I’m very proud of how our teams have ensured that our brands remain locally relevant and serve customers through our omnichannel offerings. I look forward to continuing to see our businesses thrive under JJ’s leadership.”
An Experienced Professional
Fleeman is a seasoned professional who has spent the majority of his 30-year career in grocery retail in Ahold Delhaize companies in various executive leadership roles in the areas of strategy, commercial, digital, retail operations, marketing and merchandising.
Commenting on his new role, he added, “I’m incredibly grateful for this opportunity to serve as CEO of Ahold Delhaize USA and work alongside our associates who are passionate about serving their customers and communities each and every day."
Frans Muller, president and CEO of Ahold Delhaize, thanked Holt for his service and said, "Under Kevin’s leadership, our US businesses have performed exceptionally well, and he has always led with customers and associates in mind.”
“My executive committee colleagues and I look forward to welcoming JJ to our leadership team and together delivering value to customers every day.”