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Delhaize President and CEO Pierre-Olivier Beckers to Retire

Delhaize President and CEO Pierre-Olivier Beckers to Retire

Brussels, Belgium
By Jordan Okumura

Delhaize Group's President and Chief Executive Officer, Pierre-Olivier Beckers, is intending to retire from his executive role by the end of this year. He will continue to serve as a company director, according to press releases.
Mr. Beckers will stay in his post until a new CEO is appointed with a smooth transition as part of Delhaize’s succession plan. He will continue to serve on the Board, in a non-executive capacity.
Mr. Beckers started his career with Delhaize in 1983 and has been a Director of the company since 1995. He was appointed President and CEO in January 1999.
Since 1999, the number of stores has grown from 1,904 to3,411 in ten countries on three continents and revenues grew from €12.9 to €22.6 billion. The Board of Directors is conducting a search for a successor which it hopes to complete by the end of 2013.
Mats Jansson, Chairman of the Board of Directors, said, “Pierre-Olivier Beckers has worked for Delhaize for 30 years with tireless energy and absolute passion, displaying very strong values and great respect for people. As shown by our recent results, business performance continues to strengthen following our initiatives over recent years. This positions the company well for the future and provides a great platform for his successor. Pierre-Olivier will lead the company until a smooth transition has taken place and we look forward to continue working with him as a colleague on the Board.”