ZAANDAM—Dutch retailer Ahold, at the center of one of Europe’s largest accounting scandals in recent years, has named Kerry Underhill senior vice president of corporate communications. He will report to Anders Moberg, president & CEO and will be responsible for corporate affairs, food safety and consumer affairs, investor relations, issue management, media relations and marketing and internal communications.
Underhill, who holds dual British and New Zealand nationality, was most recently managing director at Deutsche Bank in London. He led the investment bank’s communications and marketing divisions before focusing on internal communications for the investment banking, private banking, asset management and retail divisions.
Underhill’s professional career also includes positions in executive communication with UBS AG and the Swiss Bank Corporation as well as PR consultancy. Prior to his employment in the financial services industry, Underhill worked as a journalist in New Zealand, the Middle East and the United Kingdom.
Underhill succeeds Kiki Stiemer, who after a year as interim senior VP of communications will continue to focus on Ahold’s longer-term strategy in a support role to the CEO and corporate executive management.
Ahold owns chains of supermarkets in the United States, The Netherlands, Czech Republic, Slovakia, Poland, Spain, Portugal and Scandinavia, South America and Asia Pacific. It also operates in foodservice sectors in the U.S., Netherlands and Belgium.