[Analysis] What is next for Jumbo after CEO quits?

Jumbo will have to look for a new CEO as Ton van Veen is stepping down after two (challenging) years in charge. In what kind of state is he leaving the Dutch runner-up, and what kind of profile should his successor have?

An ungrateful task

This Wednesday, Van Veen unexpectedly announced his departure, although it was clear from the beginning that he would not stay at the helm for very long. Van Veen had stepped aside as CFO in 2022 to spend more time with his family, but he came to rescue a few months later when the then CEO Frits van Eerd was forced to step down due to involvement in a money laundering and VAT fraud investigation.