The chairman of scandal-tainted NL.-based Royal Ahold stepped down following national outrage over his failure to inform investors of the new contract he gave new CEO Moberg.

Outrage about executive salaries is missing a couple of decimals in Europe. In September New York Stock Exchange boss Dick Grasso resigned amid a backlash over his $188 million deferred-compensation package. Around the same time, the chairman of the world’s third largest food retailer, scandal-tainted Netherlands-based Royal Ahold (whose…