Ahold Head Outlines Growth Strategies in Speech to Shareholders
AMSTERDAM -- At the 2006 Ahold Annual General Meeting yesterday, president and c.e.o. Anders Moberg struck an overall positive note in a speech to shareholders. However, despite Ahold's success in bouncing back from an accounting scandal that rocked the company in 2003, Moberg acknowledged that there had been "setbacks," and outlined such strategies as value repositioning, the introduction of private label products, and the rollout of a new general merchandise line to drive identical-store sales.