Sunday, April 27, 2014

Dick Boer: Koninklijke Ahold N.V. CEO

Dick Boer lives in the Netherlands and is married with four children. He studied the Executive MBA at program IBO (Ziest).  Dick joined Ahold in 1998 and has worked his way up the corporate ladder. 

He was the CEO of Ahold Czech Republic from 1998 to 2000.  Next he was the President and CEO of Albert Heijn (an Ahold company) from 2000 to 2003. Dick’s good performance as an executive can readily be seen in his promotions. After his stint at Albert Heijn he was appointed President and CEO of Ahold’s Dutch operating companies from 2003 to 2006.  Then from 2006 to 2011 Dick was the COO of Ahold Europe. On March 2011 until present he has been the CEO of Ahold.

Ahold is a huge corporation. It is an international retailer based in the Netherlands that runs around 3,000 stores (most of it supermarkets) all over Europe and the U.S.  Dick is running a company that has been adjusting to changing times. One aspect of the supermarket retail business is the margins are thin and competition is fierce. So Dick has to make sure they are executing the right moves.

The change Ahold is undergoing was set into motion in 2006 when the board of Ahold asked management to make a full review of the company. Prior to that Ahold was a mixed bag of different brands, different structures and even different businesses with food retail in Europe and food service in the U.S.

At the end of 2006 Ahold decided to focus on food retail and in markets where it was or could become number one or number two.  This focus led to the sale of its wholesale division, US Foodservice in mid-2007.  Ahold USA and Ahold Europe became clearly delineated. After the restructuring the company is now focusing on growth with the strategy of “reshaping retail”.

Ahold has closed its hypermarkets and focusing on supermarkets, convenience and smaller-store concepts. It also recognized the importance of the online market. Dick wants Ahold to be as close to its customers as possible.

Dick runs a huge company and it’s not an easy task guiding it to reach its goal and so far he has done an admirable job. 

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