Ahold USA here said Tuesday it has named Dan Sullivan executive vice president and chief financial officer, succeeding Paula Price, who is leaving to pursue other career opportunities.
The change is effective Jan. 1. Price will lecture at a university and pursue additional corporate board roles, Ahold said.
"I want to thank Paula for her many contributions to Ahold USA,” said James McCann, chief operating officer, Ahold USA, in a statement. “During her tenure, Paula transformed Ahold USA’s financial organization and led programs that delivered hundreds of millions of cost savings and helped to build a strong foundation for our future."
Sullivan, who is currently senior vice president of business planning and performance for Ahold USA, will report McCann. He has more than 20 years of broad financial and commercial experience, Ahold said. Prior to joining Ahold in 2010, Sullivan was the chief financial and operating officer and senior vice president, strategy, for Heineken USA.
"I am pleased to welcome Dan as a member of the Ahold USA Executive Board,” said McCann. “Since joining the company, Dan has strengthened our business planning and performance team and executed changes within the business that have led to significant savings, enabling Ahold USA and its divisions to reinvest in their customer propositions.”