ZAANDAM, THE NETHERLANDS - The major retailer bid adieu to a key member today. Ahold Delhaize, the Dutch international retailer, recently reported that Jeff Carr, Ahold’s Chief Financial Officer, has informed the company that he will not stand for another term as member of the Management Board after his current term expires per the Annual General Meeting of Shareholders in April 2020.

“I respect Jeff’s decision and wish him and his family all the best for the future,” Frans Muller, President and Chief Executive Officer, commented in the press release. “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.”

Carr joined Ahold in November 2011, then was appointed as a member of the Management Board in April 2012, and then finally his current role as CFO in July 2016.

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

No successor has been immediately announced, but ANUK will continue to report.

Ahold Delhaize