Ahold appoints Jose Alvarez President and CEO of Stop & Shop/Giant-Landover
Amsterdam, The Netherlands, April 4, 2006 - Ahold announced today that the Corporate
Executive Board has appointed Jose Alvarez as President and Chief Executive Officer of
the Stop & Shop/Giant-Landover arena.
Alvarez, who joined the company in 2001, was previously Executive Vice President of
Supply Chain and Logistics at Stop & Shop/Giant-Landover. He has also served as the
arena's Senior Vice President Logistics and Vice President Strategic Initiatives.
Marc Smith, who announced his decision to retire as CEO of the arena in February 2006,
will work closely with Alvarez over the next month as he makes the transition into his
new role.
Alvarez has over 15 years experience in the supermarket industry and has held management
positions in a variety of functional areas.
Before joining Stop & Shop/Giant-Landover in 2001, Alvarez worked with Shaw's
Supermarkets, where his positions included Vice President of Grocery Merchandising. He
also worked at American Stores Company and its subsidiary Jewel Food Stores, where his
posts included Director of Market Research, Category Manager Produce, store management
positions and assignments in developing strategic initiatives.
Alvarez holds a bachelor's degree from Princeton University and an MBA from the
University of Chicago.
"I'm very pleased that we are promoting Jose to the President and CEO position, as I
believe his strategic planning skills and breadth of functional experience make him the
right person to lead the arena," said Ahold's President and Chief Executive Officer
Anders Moberg.
"Jose has a track record of delivering results by reinventing the way we do business. He
has taken responsibility for difficult projects involving large scale change and has
successfully led the management teams which have completed those projects. I'm confident
that he will successfully manage the repositioning of Stop & Shop/Giant-Landover to
enhance our market position in this arena."
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