Dennis Paalman

Royal Philips


As Global Head of Compensation and Benefits, Dennis Paalman, MSc has additional global responsibility for HR Risk, HR Corporate Responsibility and the International Mobility Center at Royal Ahold NV,  a global player in the food retail industry for over 125 years, with brands like Stop&Shop and Giant Foodstores in the US and Albert Heijn in Europe. Royal Ahold is a company with over 220K employees worldwide and around €32 billion in Net Sales.

Dennis designed Ahold's long-term equity program; Global Reward Opportunity (GRO) that won the 2009 GEO Award for Best Plan Effectiveness. Dennis was member in 2010 and chairman of the jury in 2011, 2012 and 2013 for the GEO awards. Currently he is member of the Executive Committee and the Board of GEO. Furthermore he established and chairs an association with the Executive Compensation professionals of the AEX top 15 companies in The Netherlands.

Prior to joining Ahold, he was the Global Head of Performance and Reward and ING Group, was a senior consultant in the Executive Compensation Practice at Towers Perrin in the UK and The Netherlands. He started his career at IBM.

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