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Sport Niklas Östberg: Delivery-Hero boss is to move into the Supervisory Board of Zalando

00:00  09 april  2021
00:00  09 april  2021 Source:   handelsblatt.com

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Cristina Stenbeck, Chairperson of the Supervisory Board and Nomination Committee of the Supervisory Board , says: '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 Stenbeck continues: 'On behalf of the Supervisory Board I would like to take this opportunity to thank Jørgen Madsen 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

Delivery Hero . Niklas Östberg never gave a lot to conventions. Östberg : “The biggest improvement for our costs is to avoid drivers waiting in the restaurant, coming to the wrong door or having to drive too far. If we focus on these tweaks, drone delivery won’t save much. But of course we are also looking into new possibilities, for example a drone that could perform point-to-point delivery so that we don’t get stuck in traffic jams.

Niklas Östberg is likely to be chosen in the fashion retail supervisory board in May. He is said to contribute his expertise as boss of a platform company.

Der Vorstandschef von Delivery Hero soll bei Zalando Jørgen Madsen Lindemann ersetzen. © DPA The CEO of Delivery Hero should replace Lindemann at Zalando Jørgen Madsen.

The boss of the food supplying service Delivery Hero, Niklas Östberg , is intended to move into the Supervisory Board of Europe's largest online fashion retailer Zalando. There he will follow Jørgen Madsen Lindemann, shared Zalando on Thursday. Lindemann belonged to the committee since 2016 and no longer faces re-election. He was boss of the Swedish media group Modern Times Group. He also lay down these posts.

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This week our CEO Niklas Östberg spoke at the CNBC morning show in London where he discussed Delivery Hero ’s long-term strategy and new business You guys continue to move from strength to strength on the revenue front and I was just going through your latest numbers winning market share in every market against every competitor, but at what cost so look we do invest a lot. I've been investing for the last one and a half years in building our restaurant conversion of domestic speed of delivery and I think that's also what.

Niklas Östberg is the co-founder of Delivery Hero SE and has served as its Chief Executive Officer since May 2011. He also served as director of the board until its public offering in July 2017. Prior to this, Mr. Östberg was co-founder and chairman of the board of Online Pizza Norden AB from 2008 and May 2011.

"Niklas is an experienced CEO of a global platform company operating in many markets in which Zalando also works," said Chairman of the Supervisory Board Cristina Stenbeck chosen. Östberg is to be elected at the Annual General Meeting on 19 May.

Delivery Hero as well as Zalando have its headquarters in Berlin. While the food delivery service has been represented in the DAX since last year, Zalando is considered a promising candidate for the key index. For a long time, Rocket Internet was Grand Investor in both companies.

Zalando must expect competition with financial strength in the future. Apparently, the IPO of the Hamburg provider About You is imminent. According to the commercial register, the holding company acquired shortly before Easter in an AG, like the "Wirtschaftswoche" first reported . For communication, About You obviously commissioned the agency KEKST CNC. In the IPO, the parent company, the Hamburg Otto Group, should share shares. With last € 1.2 billion turnover, About You is significantly smaller than Zalando, which implements eight billion euros.

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Niklas Östberg , Delivery Hero - NOAH15 Berlin. Niklas Östberg (Co-Founder and CEO of Delivery Hero ) is interviewed in the TOA15 Studio by Mike Butcher (Editor at Large of

This week we had the opportunity to interview Niklas Östberg - the Co-founder and CEO of Delivery Hero . Niklas and his team grew the company to an international food delivery giant, one of Europe's few unicorns (valued at over billion), and eventually to a successful IPO in 2017. When it comes to the online food ordering and delivery industry, building scale is crucial. You have to have a certain size in order to be in a position to continually invest into improving the customer experience. This is the only way to build a sustainable business and eventually becoming a leading player in the space, globally.

Östberg knows itself with such competitive situations. However, Delivery Hero responds more strongly with acquisitions and sales than Zalando. In the meantime there were also speculation to swallow Zalando Wool About You.

More: Five reasons why the growth story at Zalando is expected to continue

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