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Ahold Delhaize CFO Jeff Carr to depart

Global food retailer begins search for successor

Russell Redman

September 9, 2019

2 Min Read
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Jeff Carr, chief financial officer of Ahold Delhaize, is slated to leave the company next spring.

The Zaandam, Netherlands-based global food retailer said Monday that Carr won’t stand for another term as a member of its management board when his current term expires in April 2020 at the company’s annual shareholders meeting.

A search for a new CFO is under way, Ahold Delhaize said.

“I respect Jeff’s decision and wish him and his family all the best for the future,” President and CEO Frans Muller said in a statement. “I would like to recognize Jeff for his significant contributions to the company, as he remains a great partner in helping shape Ahold Delhaize, in driving our ‘Save for our Customers’ program and in delivering on our commitments. I look forward to our continued collaboration through next April as we further implement our ‘Leading Together Strategy’.” 

Jeff Carr_CFO_Ahold Delhaize_headshot.jpgCarr (left) joined Royal Ahold in November 2011 as executive vice president and CFO. He became CFO of Ahold Delhaize in July 2016 with the completion of Royal Ahold’s $29 billion merger with Brussels-based food retailer Delhaize Group.

Starting his career at Unilever, Carr later held senior roles in finance at Grand Metropolitan plc, Reckitt Benckiser and Associated British Foods. From 2005 to 2009, he served as group finance director and a board member at airline easyJet plc. In September 2009, he joined FirstGroup plc, a transport operator in the United Kingdom and the United States, as group finance director and a board member before coming to Royal Ahold two years later.

Related:Ahold Delhaize takes Q2 hit from Stop & Shop strike

“It has been a pleasure to serve this great company and its associates during the last eight years,” Carr stated. “I look forward to continue working with Frans to ensure a smooth transition and to help identify my successor.”

In fiscal 2018, Ahold Delhaize’s sales dipped 0.2% to €62.79 billion ($71.38 billion) from €62.89 billion ($71.49 billion), but at constant exchange rates the company saw sales growth of 2.5%. At Ahold Delhaize USA, the retailer’s largest business unit, net sales rose 1.9% to $44.17 billion, including 10.3% gain in online sales to $886 million. The company’s U.S. arm includes supermarket chains Stop & Shop, Giant Food, Giant/Martin’s, Food Lion and Hannaford, as well as online grocer Peapod.

About the Author

Russell Redman

Senior Editor
Supermarket News

Russell Redman has served as senior editor at Supermarket News since April 2018, his second tour with the publication. In his current role, he handles daily news coverage for the SN website and contributes news and features for the print magazine, as well as participates in special projects, podcasts and webinars and attends industry events. Russ joined SN from Racher Press Inc.’s Chain Drug Review and Mass Market Retailers magazines, where he served as desk/online editor for more than nine years, covering the food/drug/mass retail sector. 

Russell Redman’s more than 30 years of experience in journalism span a range of editorial manager, editor, reporter/writer and digital roles at a variety of publications and websites covering a breadth of industries, including retailing, pharmacy/health care, IT, digital home, financial technology, financial services, real estate/commercial property, pro audio/video and film. He started his career in 1989 as a local news reporter and editor, covering community news and politics in Long Island, N.Y. His background also includes an earlier stint at Supermarket News as center store editor and then financial editor in the mid-1990s. Russ holds a B.A. in journalism (minor in political science) from Hofstra University, where he also earned a certificate in digital/social media marketing in November 2016.

Russell Redman’s experience:

Supermarket News - Informa
Senior Editor 
April 2018 - present

Chain Drug Review/Mass Market Retailers - Racher Press
Desk/Online Editor 
Sept. 2008 - March 2018

CRN magazine - CMP Media
Managing Editor
May 2000 - June 2007

Bank Systems & Technology - Miller Freeman
Executive Editor/Managing Editor
Dec. 1996 - May 2000

Supermarket News - Fairchild Publications
Financial Editor/Associate Editor
April 1995 - Dec. 1996 

Shopping Centers Today Magazine - ICSC 
Desk Editor/Assistant Editor
Dec. 1992 - April 1995

Testa Communications
Assistant Editor/Contributing Editor (Music & Sound Retailer, Post, Producer, Sound & Communications and DJ Times magazines)
Jan. 1991 - Dec. 1992 

American Banker/Bond Buyer
Copy Editor
Oct. 1990 - Jan. 1991 

This Week newspaper - Chanry Communications
Reporter/Editor
May 1989 - July 1990

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