50 Attendance, independence Supervisory Board report continued Ahold Annual Report 2010 Group at a glance Performance Fi nancials Investors During 2010, the Supervisory Board reviewed matters related to all aspects of Ahold's activities, results, strategies, and management, but focused specifically on three important areas: The senior management succession issues related to the resignation of John Rishton and Lawrence Benjamin The restructuring and reorganization of the Ahold USA business, including the integration of the Ukrop's acquisition The Company's long term strategy with particular emphasis on strategic growth options With the assistance of the Audit Committee the Supervisory Board reviewed areas such as: Review of the financial reporting process and, in particular, quarterly interim reports and the 2009 Annual Report Review of reports related to the enterprise risk management of the Group, on subjects including the main risks of the business and the results of the Corporate Executive Board's assessment of the design and effectiveness of the internal risk management and control systems, and any changes required Review of the reports by the internal and the external auditor Approval of the proposal for the nomination of the external auditor Review and approval of the annual budget Reviews of updates on the functioning of IT systems and the implementation of improvements, where necessary Regular reviews of the European and U.S. businesses Review of Company strategy as part of the annual strategic planning cycle, including specific reviews of several strategic growth options Review of Ahold's corporate responsibility strategy and initiatives and of the 2009 Corporate Responsibility Report Regular updates on major legal proceedings with potential impact on Ahold Review of reports of the various committees of the Supervisory Board Regular assessment of the functioning of the Corporate Executive Board Regular assessment of organizational strategy, talent management, and succession planning No Supervisory Board member was frequently absent from the meetings held in 2010. The Supervisory Board confirms that as of March 2, 2011, all Supervisory Board members are independent within the meaning of provision III.2.2 of the Dutch Corporate Governance Code.

Jaarverslagen | 2007 | | pagina 84