Corporate governance
O
Ahold is committed to a corporate
governance structure that best suits
its business and stakeholders, and
that complies with relevant rules
and regulations.
General governance and business structure
Governance
AHOLD ANNUAL REPORT 2008 31
This section contains an overview of Ahold's corporate
governance structure and includes details of the information
required under the Dutch Corporate Governance Code.
Koninklijke Ahold N.V. is a public company under Dutch
law with a two-tiered board structure. Ahold is managed by
a Corporate Executive Board, which is supervised and advised
by a Supervisory Board. The two boards are accountable to
the General Meeting of Shareholders.
The Company is structured to effectively execute its strategy
and to balance local, continental and global decision-making.
It is comprised of a Corporate Center and two continental
platforms, Ahold USA and Ahold Europe, each of which
contains a number of operating companies.
The following diagram shows the governance structure of Ahold and its businesses. A list of subsidiaries, joint ventures and
associates is included in Note 35 to the consolidated financial statements in this Annual Report.
General Meeting of Shareholders
Audit Committee
Supervisory Board
Remuneration Committee
Corporate Executive Board and
Corporate Center
Selection and Appointment
Committee
Continental
platforms
Operating
companies
Banners
Ahold USA
Giant-
Carlisle
Giant
(Carlisle)
Martin's
Pending divestment
Unconsolidated joint venture
Stop
Shop/Giant-
La ndover
Stop
Shop
Giant
(Landover)
Ahold Europe
Albert Albert/
Heijn I Hypernova
Albert
Heijn
Etos
Peapod Gall Gall
Albert
Hypernova
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