Fresh Direct chief executive officer David McInerney

Fresh Direct co-founder and CEO steps down

Fresh Direct co-founder and CEO steps down

NEW YORK — Fresh Direct CEO David McInerney has stepped down from his position at the company he co-founded. Ahold Delhaize, which finalized its acquisition of Fresh Direct earlier this year, on Wednesday tapped Farhan Siddiqi, its chief digital officer, to serve as interim CEO of the online grocer. “FreshDirect has been an amazing, life-changing, 20-year

Ahold Delhaize to acquire Fresh Direct

Ahold Delhaize to acquire Fresh Direct

NEW YORK — Ahold Delhaize has entered into a definitive agreement to acquire a majority stake in the online grocer FreshDirect, the company said Wednesday. Ahold Delhaize will acquire the majority share, funded by cash on hand, and Centerbridge Partners will be a minority equity investor with a 20% stake. After the deal closes, FreshDirect