Fashion

Zalando supervisory board proposes appointment of Niklas Östberg


The supervisory board of Zalando has proposed the appointment of
Delivery Hero CEO and co-founder founder Niklas Östberg.

If appointed, he will succeed Jørgen Madsen Lindemann, who has decided
not to stand for re-election after serving as a member since 2016.

Cristina Stenbeck, chair of Zalando’s supervisory board and nomination
committee, said in a statement: “We look forward to working with Niklas
Östberg as a new member of Zalando’s supervisory board. Niklas is an
experienced CEO, leading a global platform business that operates in
several overlapping markets with Zalando’s own geographic footprint.

“Under Niklas’ leadership, Delivery Hero has continued to deliver growth
as well as continued value creation through smart capital allocation,
compelling localisation and talent acquisition strategies. We are confident
that Niklas will bring beneficial insights and perspectives to the work of
the supervisory board.”

Zalando’s annual general meeting will take place this year on May 19.

Image: Zalando



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