German e-comm company Zalando proposes changes to supervisory board

The supervisory board of Zalando has proposed the election of Niklas Östberg to the supervisory Board. Niklas Östberg is the CEO and co-founder of Delivery Hero and he will succeed Jørgen Madsen Lindemann, who informed the nomination committee that he will not stand for re-election to the supervisory board after serving as a member since 2016.

 

The supervisory board of Zalando has proposed the election of Niklas Östberg to the supervisory Board. Niklas Östberg is the CEO and co-founder of Delivery Hero and he will succeed Jørgen Madsen Lindemann, who informed the nomination committee that he will not stand for re-election to the supervisory board after serving as a member since 2016.#

“We look forward to working with Östberg as a new member of Zalando’s supervisory board. Östberg 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 Östberg will bring beneficial insights and perspectives to the work of the supervisory board.” Cristina Stenbeck, chairperson of the supervisory board and nomination committee of the supervisory board, said in a press release.

 

The supervisory board of Zalando has proposed the election of Niklas Östberg to the supervisory Board. Niklas Östberg is the CEO and co-founder of Delivery Hero and he will succeed Jørgen Madsen Lindemann, who informed the nomination committee that he will not stand for re-election to the supervisory board after serving as a member since 2016.#

“On behalf of the supervisory board I would like to take this opportunity to thank Lindemann for his exceptional contribution to Zalando over the past five years. His leadership on the previous and new proposed remuneration frameworks have been instrumental in attracting and retaining our very talented team at Zalando,” Stenbeck said.