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Jumbo Supermarkten CEO Ton van Veen Steps Down After⁤ Transformative Leadership

Wednesday, January 29, 2025, marked a critically ‌important moment for ⁣ Jumbo Supermarkten as Ton van Veen, ​the CEO ⁣who steered the company through ​turbulent times, announced his decision to step down. Van Veen, who took over the‌ role in September 2022 following the arrest of his predecessor Frits van Eerd on suspicion of money laundering and fraud, leaves⁢ behind a legacy of resilience and strategic transformation.⁢

“Leaving Jumbo ⁤was absolutely not an easy decision for me to make, because after being intensively connected to Jumbo for more than twenty years,‍ I have a big ‘yellow​ heart’,” Van veen shared in a press release. He emphasized​ that​ the decision was made after extensive discussions​ with the Supervisory Board (RVC) and the Van Eerd family, the owners of the supermarket chain.

Van Veen’s tenure ‍began amidst chaos. “The unexpected events, shortly after I took a seat in the Supervisory Board, led‍ to the question of⁢ the Van Eerd family and the Supervisory Board to return to the ⁤day-to-day management and‌ to take on the role of CEO.With the aim ‍of guiding the⁢ company‍ through ⁣a very challenging time,” ‍he‍ explained. Under ⁤his leadership, Jumbo worked tirelessly to restore trust and strengthen its foundation. ⁣

A New Phase for Jumbo ‍

Van ​Veen ‍described his departure as​ a “logical moment‌ to transfer the baton,” expressing⁢ pride in ⁣the progress made and confidence in‍ the company’s future. “I‍ am very grateful to the Van Eerd family⁤ that I ⁤was allowed to take on the adventure with them in 2004. The upcoming period‍ I will⁣ stay on to ensure a‌ good transfer,” he added.

The company acknowledged Van ‍Veen’s ⁤contributions, stating, “Together with our thousands ⁣of colleagues and entrepreneurs,⁣ we are ready for ⁢a ‌period of sustainable growth and a popular and financially healthy Jumbo, where ⁢we continue to make fans of ‌customers.” Conversations​ for a new CEO are already underway, signaling​ a fresh chapter⁢ for the supermarket ​giant. ‍

Key Decisions Under Van Veen’s Leadership ⁢

Van Veen’s leadership was marked by​ bold decisions aimed at revitalizing jumbo. The company, which had been ‍losing market share, underwent significant restructuring, including the​ elimination of 350 jobs at⁢ the head‌ office.‌ Efforts were⁤ also made to lower prices and invest in sustainability and ‌ health,⁢ aligning with ‍evolving ‌consumer demands.

One of the most notable ⁢decisions​ was the end of⁢ Jumbo’s sports sponsorship, including its long-standing ⁢support of the ​ Jumbo-Visma cycling team. “We started ⁢to do ⁣a number of activities that have not necessarily ⁢strengthened the formula,” Van Veen explained⁢ in ​early 2024. “We stepped in the flash delivery⁣ with Gorillas and we have become very active in the sports sponsorship.But if you look at the‌ successes⁤ of the athletes and⁢ plowing, you have to wonder if that suits us.”

Van Veen ‍emphasized the need to focus ⁣on Jumbo’s core ⁢mission. “We don’t have much to look for on the‍ world stage. We want the very best range ⁢and the best service at the lowest price. Combining those extremes is only ‌possible if the company is in perfect shape. that means that ⁤we no longer put tens⁣ of millions in sports sponsorship, but use‍ them to lower ​prices. That is the essence of Jumbo as​ it was intended.”

Summary of Key Developments Under Ton van​ Veen’s Leadership

| Key Area ⁣ ‍ | ​ Actions Taken ⁢ ​ ⁣ ‍ ‌ ​ ‍ ⁤ ‌ ⁤ ⁤|
|—————————-|———————————————————————————–|
| ⁣ Leadership Transition | Took over as CEO in September 2022 after Frits van Eerd’s arrest. ⁤ ‍ |
| Cost-Cutting Measures |‌ Eliminated 350 jobs at ‌the head office.‍ ‍ ‍ ​ ​ ‌ ​ ​ ⁤ |⁣ ​
| Pricing Strategy ⁤ | Focused on lowering ​prices to attract customers. ⁣ ⁣ ‍ ⁢ |
| Sustainability ⁢ | Increased investments in sustainability and health initiatives. ‍ |
| ​ Sponsorship ⁤ ⁣ | Ended sports sponsorship, including the Jumbo-Visma cycling team. ‍⁤ ⁣ ⁣ ⁣ ⁣ |

as Jumbo‌ Supermarkten prepares for its next chapter, the company remains committed ⁢to its strategic course, ensuring it continues ⁣to thrive in a ⁢competitive market. Van Veen’s departure marks‍ the end of an ⁢era but also the beginning of a promising future for this beloved Dutch supermarket chain.

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