Ahold Delhaize announces appointment of Natalie Knight as Executive Vice President Finance and nominee for Chief Financial Of...
October 22 2019 - 2:45AM
Ahold Delhaize announces appointment of Natalie Knight as Executive
Vice President Finance and nominee for Chief Financial Officer and
member of the Management Board
Zaandam, the Netherlands, October 22, 2019 – Ahold Delhaize
announces today the appointment of Natalie Knight as Executive Vice
President Finance for Ahold Delhaize and member of the Executive
Committee, effective March 1, 2020. Natalie will be nominated by
the Supervisory Board to be appointed as Chief Financial Officer
and a member of the Management Board at the Annual General Meeting
(AGM) of Shareholders in April 2020, officially succeeding Jeff
Carr, who will leave Ahold Delhaize when his current term expires
in April 2020. The month overlap will ensure a seamless
transition.
Natalie joins Ahold Delhaize from Arla Foods, a global dairy
company based in Denmark, where she most recently has served as
Chief Financial Officer, overseeing the company’s Finance, Legal,
and IT functions. In this role, she was instrumental in the
company’s transformation and efficiency program, called Calcium,
which meaningfully lowered the company’s cost basis. In addition,
Natalie led the company’s digital strategy process and has driven
significant cash generation and working capital improvements. She
is a finance leader who puts particular focus on commercial and
cross-functional performance management and has helped Arla make
substantial progress in the area of sustainability finance.
Prior to joining Arla Foods, Natalie worked 17 years at adidas,
a global sportswear manufacturer, serving in several financial
roles including Investor Relations and M&A, where she led the
acquisition of Reebok for adidas. She then served as CFO of adidas
North America, where she led major cross-functional cost reductions
and operational transformation efforts, returning the company to
record profitability following the financial crisis of 2008/2009.
Natalie’s last role with adidas was as SVP of Group Functions
Finance, leading a finance team in strategic and financial support
for the Group’s Global Operations, Procurement, Finance, Real
Estate, Legal, HR, IT and Executive functions.
Natalie is an American by nationality and holds a Master of
Economics from the University of Berlin, Germany and a Bachelor of
Business and German from the University of Arizona, in the United
States.
Frans Muller, President and CEO of Ahold Delhaize, said: “I’m
thrilled to have Natalie join Ahold Delhaize. She has worked in
both the U.S. and Europe, across a variety of industries, including
branded consumer goods and food products. With her broad
experience across several Finance areas, her commercial mindset,
and her demonstrated leadership in cost reduction and business
transformation efforts, she is the right leader to help accelerate
Ahold Delhaize’s Leading Together strategy. I look forward to
working with her.”
Natalie added, “I am excited to join Ahold Delhaize. With its
Leading Together strategy and its brand-led model, I believe the
company is well positioned to thrive in this new era of digital
transformation in the food retail industry. I look forward to
working with Jeff to ensure a smooth transition and support the
company as it continues to win in its local markets.”
Jan Hommen, Chairman of the Supervisory Board said, “I would
like to welcome Natalie to Ahold Delhaize and look forward to
nominating her to the Management Board. I would also like to thank
Jeff Carr for his distinguished service to Ahold Delhaize during
the past eight years. During his tenure, he brought focus to both
cost control and cash generation as well as financial leadership to
both the acquisition of bol.com and the merger of Ahold and
Delhaize. I wish him well in his future endeavors.”
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