Nomad Holdings Limited announced the appointment of Stéfan Descheemaeker as Chief Executive Officer, effective upon closing of its recently-announced acquisition of Iglo Foods Holdings Limited, which is expected to occur in the second quarter of 2015. Mr. Descheemaeker will also serve as CEO of Iglo Group, replacing current CEO Elio Leoni Sceti. Mr. Descheemaeker will provide the strategic direction and day-to-day leadership necessary to achieve Nomad's vision of building a portfolio of consumer food companies.

Working closely with Co-Founders Martin E. Franklin and Noam Gottesman, Mr. Descheemaeker will implement Nomad's growth strategy and oversee day-to-day operations and brand initiatives at Iglo Group. Mr. Descheemaeker's previous tenures in operational, finance, and executive roles make him a dynamic leader with a wealth of relevant industry experience. He recently served as Chief Financial Officer at Delhaize Group, before becoming CEO of its European division.

In this capacity, he focused on delivering organic growth and driving cash flow generation. He currently serves as a Non-Executive Director on the Board of Anheuser-Busch InBev, a position he has held since 2008.