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Zalando set to appoint Niklas Östberg to supervisory board

Zalando has confirmed that Niklas Östberg, the co-founder and chief executive of Delivery Hero, has been proposed for election to its supervisory board. Östberg will succeed… View Article

GENERAL MERCHANDISE NEWS

Zalando set to appoint Niklas Östberg to supervisory board

Zalando has confirmed that Niklas Östberg, the co-founder and chief executive of Delivery Hero, has been proposed for election to its supervisory board.

Östberg will succeed Jørgen Madsen Lindemann who has decided not to stand for re-election after serving as a board member since 2016.

Cristina Stenbeck, chairperson of the supervisory board, said “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.”

Östberg will be put forward for election at Zalando’s AGM on 19 May.

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