61
Remuneration
Committees of the Supervisory Board
Ahold
Annual Report 2011
Groupata glance
Performance
(Governance
Financials
Investors
Supervisory Board report continued
The annual remuneration of the members of the Supervisory Board was determined by the
General Meeting of Shareholders on April 13, 2010. Remuneration is subject to a yearly review
by the Supervisory Board.
Chairman Supervisory Board
€65,000
Vice Chairman Supervisory Board
€60,000
Member Supervisory Board
€50,000
Chairman Audit Committee
€12,000
Member Audit Committee
€10,000
Chairman Remuneration Committee
€7,000
Member Remuneration Committee
€5,000
Chairman Selection and Appointment Committee
€7,000
Member Selection and Appointment Committee
€5,000
T ravel compensation1 intercontinental
€5,000
T ravel compensation1 continental
€1,500
1 Travel compensation per round trip air travel.
The Supervisory Board has three permanent committees to which certain tasks are assigned.
The committees provide the Supervisory Board with regular updates of their meetings.
The composition of each committee is detailed in the following table.
Audit
Committee
Remuneration
Committee
Selection and
Appointment
Committee
René Dahan, Chairman
Tom de Swaan, Vice Chairman
Derk Doijer
Stephanie Shern
Judith Sprieser
Mark McGrath
Ben Noteboom
Rob van den Bergh
Chairman
Member
Member
Member
Chairman
Member
Member
Member
Member
Chairman
Member
Member
Member
Member
Audit Committee
The Audit Committee assists the Supervisory Board in its responsibility to oversee Ahold's
financing, financial statements, financial reporting process, and system of internal business
controls and risk management. The Chief Executive Officer, Chief Financial Officer, Chief
Corporate Governance Counsel, Chief Commercial Development Officer, Senior Vice
President Internal Audit, and representatives of the external auditor are invited to the Audit
Committee meetings. Other members of senior staff are invited when the Audit Committee
deems it necessary or appropriate. The Audit Committee determines how the external auditor
should be involved in the content and publication of financial reports other than the financial
statements. The Corporate Executive Board and the Audit Committee report to the Supervisory
Board annually on their dealings with the external auditor, including the auditor's independence.
The Supervisory Board takes these reports into account when deciding on the nomination for the
appointment of an external auditor that is submitted to the General Meeting of Shareholders.
In 2011the Audit Committee held four meetings in person and one conference call to review the
publication of quarterly results.
