Delivery Hero boss is said to be on Zalando’s supervisory board

The Berlin digital companies are now also networked in terms of personnel: Niklas Östberg is to oversee Zalando in the future. The online fashion retailer is interested in the skills of the Swede.

The Swede Niklas Östberg is the CEO of Delivery Hero.

Dhe Berlin digital companies are now networking with each other personally. Niklas Östberg, CEO of the Dax group Delivery Hero, which is mainly known for food deliveries, is to become a member of Zalando’s supervisory board. The online fashion retailer announced on Thursday. Östberg is to be elected by the shareholders at the company’s digital general meeting on May 19.

On the supervisory board, he would take the place of the Danish Jørgen Madsen Lindemann, who has been in office for five years and who is not seeking another term of office. This is intended to move Östberg to one of the shareholders’ seats. But that has nothing to do with Östberg’s own shares in Zalando, said a Zalando spokesman. Instead, the Supervisory Board’s nomination committee selected him because of his skills.

From Delivery Hero, Östberg has experience in many markets in which Zalando is also active, said Cristina Stenbeck, head of the supervisory board. “Under Niklas’ leadership, Delivery Hero was able to grow rapidly and continuously create value,” she said – among other things by successfully adapting to international markets. She also mentioned clever capital allocation and a successful strategy for attracting new talent to the company. The supervisory board is therefore convinced that it will enrich the supervisory body.

The 41-year-old Delivery Hero boss was born in Sweden. He founded the group, which now delivers food to more than 40 countries, in 2011. In some regions, the company’s drivers now also deliver supermarket items for daily needs from special micro-warehouses in city centers, so-called D-Marts. With all of its activities, Delivery Hero achieved sales of 2.8 billion euros last year. So far, the company has not made a profit – unlike Zalando, which generated a profit of 226 million euros with a turnover of 8 billion euros.

In contrast, Zalando is not yet in the Dax. That could change in autumn: Then the German leading index will be expanded from 30 to 40 members, Zalando is considered a candidate for promotion from its current position in the M-Dax.