Corporate governance
We have designed our corporate
governance structure to best
support our business, meet
the needs of our stakeholders
and comply with laws and
regulations.
The
Netherlands
I
This section contains an
overview of our corporate
governance structure and
includes information required
under the Dutch Corporate
Governance Code.
Governance structure
Management Board and
Executive Committee
Overview
Business review
Governance
Financials
Investors
Ahold Delhaize Annual Report 2016
Governance structure
Management Board
Belgium
General Meeting of Shareholders
Audit, Finance and Risk Committee
Governance and Nomination Committee
Supervisory Board
Remuneration Committee
Sustainability and Innovation Committee
Executive Committee
The diagram below shows Ahold Delhaize’s
governance structure. A list of subsidiaries, joint
ventures and associates is included in Note 36
to the consolidated financial statements.
Our Company comprises a Global Support
Office and five segments - Ahold USA,
Delhaize America, The Netherlands, Belgium
and Central and Southeastern Europe (CSE) -
which are made up of a number of brands.
We have a two-tier board structure with a
Supervisory Board and Management Board
that are accountable to our shareholders.
Our Management Board has ultimate
responsibility for the overall management
of Ahold Delhaize. The Management
Board is supervised and advised by a
Supervisory Board.
We also have an Executive Committee
comprised of our Management Board and
certain other key officers of the Company,
which is led by the Chief Executive Officer.
The Executive Committee has been
established to involve a broader leadership
team, including key functional leaders, in
the decision-making process in order to best
support our strategy and businesses while
having the flexibility to adapt to developments
in our industry.
Ahold
USA
Delhaize
America
For a more detailed description of the
responsibilities of the Management Board
and the Executive Committee, please refer
to the Rules of Procedure in the governance
section of Ahold Delhaize’s public website at
www.aholddelhaize.com.
Together, our Management Board and
Executive Committee support our businesses,
meet the needs of our stakeholders and
make sure we comply with relevant rules
and regulations.
Central and
Southeastern
Europe
Koninklijke Ahold Delhaize N.V. (“the
Company” or “Ahold Delhaize”) is a public
company under Dutch law, structured to
execute our strategy and to balance local,
regional and global decision-making.
Our Management Board has ultimate
responsibility for the overall management
of the Company and oversees all corporate
governance activity. It is also responsible for
the actions and decisions of the Executive
Committee, which manages our general affairs
and makes sure that we effectively implement
our strategy and achieve our objectives.
