Douglas - comment

CEO Tina Müller is moving up onto the supervisory board and is being replaced by Sander van der Laan. After 5 years at the helm, the move is coordinated and Sander seems like a strong choice. He comes from Action, a fast-growing dutch discounter and has been CEO at Albert Heijn. This would make him more cost-focused than Tina Müller, whose brief was the re-positioning and online migration of the business.

Wolfgang FelixDOUGLAS