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Remuneration
Ahold's remuneration policy is prepared in
accordance with the Dutch Corporate Governance
Code and was adopted at the General Meeting of
Shareholders on May 18, 2006.
Remuneration Committee
Ahold
Annual Report 2011
Groupata glance
Performance
Governance
Financials
Investors
Further details on the Corporate Executive Board members' employment agreements, individual
remuneration, pension, shares, and other interests in the Company are outlined in Notes 31 and
32 to the consolidated financial statements.
The main responsibilities of the Remuneration Committee include:
Preparing proposals for the Supervisory Board on the remuneration policy for the
Corporate Executive Board to be adopted by the General Meeting of Shareholders
Preparing proposals on the remuneration of individual members of the Corporate
Executive Board
Advising on the level and structure of compensation for senior personnel other than
members of the Corporate Executive Board
The Remuneration Committee uses internal and external advisors for market data and recent
developments. In 2011external advisors were hired to provide advice regarding market practices
and developments relating to the remuneration policy and short- and long-term incentive plans.
Ultimately, the Supervisory Board determines the level and composition of the remuneration
components for the individual members of the Corporate Executive Board.
The current members of the Remuneration Committee are Supervisory Board members
Derk Doijer (Chairman), Stephanie Shern, Judith Sprieser, Mark McGrath, and Ben Noteboom.
In 2011the Remuneration Committee met five times.
