Ahold ceo Expresses Confidence in USF's Benjamin

ZAANDAM, The Netherlands. - Anders Moberg, president and ceo of Ahold, addressing an extraordinary meeting of stockholders on corporate governance and performance here today, expressed confidence in the leadership of Lawrence Benjamin, president of U.S. Foodservice, its Columbia, MD-based foodservice distributorship affiliate.

"The new management team under Larry Benjamin at U.S. Foodservice is making impressive progress in restoring U.S. Foodservice to competitive strength. The change process at U.S. Foodservice is underway and we look forward to updating you on its performance and business plan at the next shareholders' meeting," Moberg said.

Moberg did not reveal any details about Benjamin's plans to turn around the scandalized distributorship. He did say that the entire global corporation is moving to restore a positive image about itself.

"Nevertheless, we are moving, and we are moving fast. Our people are focused on restoring pride and credibility in our business. We are not dragging our heels. We are making good progress," Moberg said. "As CEO of Ahold, let me repeat my personal commitment to you: First of all, accountability for results; Second, integrity in how we do business; and Third, my commitment to share all information as soon as investigations are finalized. And please have some patience."

Members help make our journalism possible. Become a Restaurant Business member today and unlock exclusive benefits, including unlimited access to all of our content. Sign up here.

Multimedia

Exclusive Content

Leadership

Meet the restaurant fixer who now owns Etta

Tech entrepreneur Johann Moonesinghe suddenly finds himself leading a growing group of restaurants. His secret? He doesn't expect to make a profit.

Financing

Looking for the next Chipotle? These 3 chains are already there

The Bottom Line: Wingstop, Raising Cane’s and Jersey Mike’s have broken free from the pack of well-established growth chains. Here’s why this trio stands out.

Financing

For Starbucks, 2 years of change hasn't yielded promised results

The Bottom Line: The coffee shop giant’s sales struggles worsened earlier this year, despite a flurry of efforts to improve operations and employee satisfaction.

Trending

More from our partners