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Ahold Delhaize Announces Departure of FreshDirect’s Co-Founder and CEO, David McInerney; Farhan Siddiqi Named Interim CEO

Ahold Delhaize Announces Departure of FreshDirect’s Co-Founder and CEO, David McInerney; Farhan Siddiqi Named Interim CEO


NEW YORK, NY & ZAANDAM, NETHERLANDS
Monday, May 10th, 2021

When we receive news of a new leader taking the helm, there is always much excitement at the prospect of how they will influence the industry. However, there is a bittersweet moment when the new appointment comes alongside the announcement of retirement. Ahold Delhaize’s FreshDirect division Co-Founder and Chief Executive Officer David McInerney is breaking the news as he stepped down from his role effective May 5.

David McInerney, Departing Co-Founder and Chief Executive Officer, FreshDirect“FreshDirect has been an amazing, life-changing, 20-year adventure for me,” said McInerney. “I have been so fortunate to have worked alongside an incredible team of talented, dedicated people who all share the same passion for our mission—to make great, fresh food easy to get. Our amazing farmers, ranchers, and fishermen have inspired me every day as partners, teachers, and true friends. With the commitment and support of Frans, Farhan, and the entire Ahold Delhaize team, FreshDirect is in excellent hands and well-positioned for continued success.”

As noted in the release, Ahold Delhaize and Centerbridge Partners first announced the agreement to acquire FreshDirect in November 2020. The sale of the company officially closed on January 5 of this year, making the online grocer a division of Ahold.

Ahold Delhaize’s FreshDirect division Co-Founder and Chief Executive Officer David McInerney stepped down from his role effective May 5

As McInerney steps down from his long-held role, a search for a new CEO to lead FreshDirect in its next phase of growth will be initiated. While Ahold searches for a new FreshDirect leader, Farhan Siddiqi, Chief Digital Officer of Ahold Delhaize, will serve as interim CEO. McInerney will serve in an advisory role through the end of October 2021.

Farhan Siddiqi, Chief Digital Officer, Ahold Delhaize, and Interim Chief Executive Officer, FreshDirect“On behalf of Ahold Delhaize, I want to thank David for his dedication and leadership over the past two decades. As Co-Founder, David has been instrumental in establishing FreshDirect’s philosophy in bringing the best fresh and high-quality products to people’s doorsteps in the Tri-state area,” said Siddiqi. “We will ensure a smooth transition and honor FreshDirect's unique customer-focused and food-centric culture and deep connection with its suppliers. FreshDirect's customers will continue to enjoy the high-quality fresh food, great tasting products, and stellar service for which FreshDirect is known.”

Congratulations to David McInerney as he embarks on the next step in his journey!

FreshDirectAhold Delhaize
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