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Ahold Delhaize announces the resignation of Johan Boeijenga as Brand President of Super Indo, effective March 31, 2023. Boeijenga, who has led Super Indo for five successful years, is stepping down to achieve a better work-life balance between the Netherlands and Indonesia while continuing to support the brand's growth ambitions. Under his leadership, Super Indo has expanded its store network and adopted an omnichannel strategy, enhancing customer engagement in Indonesia. His contributions include focusing on sustainability and healthy eating, evidenced by Super Indo's recognition through the Green Initiative Award in 2021 and 2022.
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Ahold Delhaize announces the departure of Natalie Knight, CFO since 2020, as she seeks new opportunities in the U.S. She will serve a six-month notice. CEO Frans Muller acknowledged her contributions, including driving financial alignment and supporting sustainability. Knight emphasized the significance of the grocery sector during the COVID-19 pandemic and highlighted the company’s strong financial results and commitment to e-commerce and sustainability. The search for a new CFO has commenced, with further announcements forthcoming.
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Ahold Delhaize has launched a €1 billion share buyback program, initially announced on November 9, 2022. The company plans to complete the program by the end of 2023, aiming to balance growth funding and return excess liquidity to shareholders. The buyback will reduce capital by canceling shares acquired during the program. Execution will adhere to legal regulations, with updates provided on progress. This move reflects Ahold Delhaize's commitment to enhancing shareholder value and its financial strategy under the Leading Together framework.
Ahold Delhaize announced plans to propose the reappointment of Peter Agnefjäll as Chair of the Supervisory Board at the Annual General Meeting on April 12, 2023. Agnefjäll has served on the Board since April 2019 and as Chair since January 2021. His continued leadership is expected to support the company's Leading Together strategy. The reappointment is subject to shareholder approval. The press release emphasizes the forward-looking statements regarding future company performance.