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New parent company for Ahold Delhaize's U.S. businesses

Ahold Delhaize announced the creation of Ahold Delhaize USA, to be effective Jan. 1. Ahold Delhaize USA will be the parent company for all of Ahold Delhaize's U.S. companies, including its local brands, Stop & Shop, Food Lion, Giant, Hannaford, Giant/Martin's and Peapod, as well as Retail Business Services, a U.S. shared services company providing support to the brands.  ahold

Ahold Delhaize USA will be led by Kevin Holt, who will be appointed chief executive officer of Ahold Delhaize USA, effective Jan. 1. Holt is currently chief operating officer of Ahold USA. In this new role he will remain a member of Ahold Delhaize's management board and executive committee and will continue to report to Dick Boer, CEO of Ahold Delhaize. Frans Muller, deputy CEO of Ahold Delhaize and chief integration officer, who serves as acting COO Delhaize America (ad interim) will focus on the continued smooth integration of Ahold Delhaize.

"Combining the parent companies of the U.S. brands and RBS is the natural next step in our brand-centric strategy in the U.S.," said Boer. "Kevin is an outstanding leader with extensive food retail experience and a great choice to guide our U.S. businesses through this time of continuing change and evolving customer expectations."

Holt joined Delhaize Group in 2014 as CEO Delhaize America and transitioned to chief operating officer of Ahold USA in 2017. Prior to joining Ahold Delhaize, he served in executive leadership roles at SuperValu and Meijer.

"I'm excited that we are moving into this next phase where we can focus on further strengthening our brands and winning in our markets," said Holt. "Ahold Delhaize USA and its U.S. brands are well positioned to continue to drive growth and innovation and meet the evolving needs of customers, both in stores and online."