Anders C. Moberg

DEFINITION of 'Anders C. Moberg'

The CEO and president of Royal Ahold from 2003 to 2007. Moberg replaced Cees van der Hoeven following an accounting scandal involving the company's subsidiary, U.S. Foodservice. Born in Sweden in 1950, Moberg has significant experience in retail chains. Prior to working for Royal Ahold, he served in various roles during nearly 30 years at IKEA, including that of president, and was president of Home Depot's international division.

BREAKING DOWN 'Anders C. Moberg'

Royal Ahold, a Dutch supermarket conglomerate, owns several thousand stores worldwide. Its brands include Stop & Shop, Giant-Landover, Giant of Carlisle and Peapod in the United States and Albert Heijn, Etos, Gall & Gall and ICA AB in Europe.