Delhaize Group management changes

BRUSSELS, BELGIUM, October 7, 2013 - Delhaize Group (Euronext, Brussels: DELB, NYSE: DEG), the Belgian international food retailer, announced today that Stéfan Descheemaeker has decided to resign from his role as CEO of Delhaize Europe effective October 31, 2013.

Referring to Mr. Descheemaeker’s departure, Delhaize Group CEO Pierre-Olivier Beckers said: “I want to thank Stéfan for his significant contributions to the success of Delhaize Europe and Delhaize Group. In both his former capacity as CFO and then as CEO of Delhaize Europe, Stéfan has been an energetic  leader who raised the organization’s focus on cash-flow generation and brought the company to a higher level of performance while steadfastly promoting the company values. I want to wish him well in his future endeavors.”

As a result of Mr. Descheemaeker’s resignation and departure, Delhaize Group is announcing the following organizational changes, all effective November 1, 2013:
 

  • Kostas Macheras, Delhaize Group EVP, current member of the Group Executive Committee and CEO of Delhaize Group Southeast Europe (SEE) and Asia, will report directly to the Group CEO.
  • Dirk Van den Berghe, CEO of Delhaize Belgium will report directly to the Group CEO.
       

Frans Muller, the incoming Group CEO said: “I look forward to working directly with both Kostas and Dirk to continue building on the positive momentum of our European businesses to generate further progress. Equally I look forward to partnering with our Group CFO, Pierre Bouchut, so that we can continue improving the focus and performance of the overall Group. This will be amongst my key priorities in addition to  working directly with the Delhaize America team while I evaluate and search for the best candidate to fill the Delhaize America CEO role.”

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