51
Corporate governance
Ahold is committed to a corporate governance
structure that best supports its business and
meets the needs of its stakeholders and that
complies with relevant rules and regulations.
Governance structure
Governance structure
Corporate Executive Board
Ahold
Annual Report 2011
Groupata glance
Performance
(Governance
Financials
Investors
This section contains an overview of Ahold's corporate governance structure and includes
information required under the Dutch Corporate Governance Code.
Koninklijke Ahold N.V. is a public company under Dutch law with a two-tier 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 Europe and Ahold USA, each of which contains a number of companies.
The following diagram shows the governance structure of Ahold and its companies. A list of
subsidiaries, joint ventures, and associates is included in Note 36 to the consolidated financial
statements.
iSeneraJ Meeting cfSawrnhflklers,
Audi {]ommrttee
j Supervisory Board v
Rermnorifion CannillM
Corporate iHbAc Bourd
SrtKfon and ^porrtmetrt ConrnMteo
Ahotd Europe WwHUSA Cwpmln Cooler
The Corporate Executive Board is responsible for the management and the general affairs of
Ahold. For a more detailed description of the responsibilities of the Corporate Executive Board,
please refer to its charter in the corporate governance section of Ahold's public website at
www.ahold.com.
