Zalando is creating Chief Operating Officer role and appoints new Chief Financial Officer
|
DGAP-News: Zalando SE
/ Key word(s): Personnel
Zalando is creating Chief Operating Officer role and appoints new Chief Financial Officer
The changes align the setup to the future needs of Zalando in further advancing its strategic agenda of being the Starting Point for Fashion and to grow the business to more than 30 billion EUR in Gross Merchandise Volume by 2025, as laid out at its Capital Market Days in 2019 and 2021. Zalando continues to focus on three strategic dimensions: growing its active customer base and deepening customer relationships, driving the transition towards a platform business, and building a sustainable platform with a net-positive impact on people and the planet. Zalando is creating the role of COO to focus on building and scaling Zalando's unique capabilities to enable the company's growth. The COO will be responsible for scaling the company's European logistics network, driving innovation of Zalando's proprietary Buy Now Pay Later solution and unlocking new growth opportunities for Zalando by empowering the direct-to-consumer business of partners across a variety of channels. David Schröder, who has served on the Management Board since 2019, will assume this newly created role due to his highly relevant expertise and successful track record in building and scaling Zalando's operations since he joined the company in 2010. Dr Sandra Dembeck joins Zalando as CFO on March 1, 2022, from Compass Group Plc, where she has previously been Corporate Finance Director. Throughout her career, she has been responsible for all aspects of financial performance management and reporting for private and listed companies and has taken an active role in driving commercial and operational business performance. She has extensive experience from various leadership roles in the international services, retail and fashion industries. Cristina Stenbeck, Chairperson of the Zalando Supervisory Board, says: "The announced setup will give Zalando additional leverage to drive the business towards its vision of being the Starting Point for Fashion. The Supervisory Board is very much looking forward to continuing to work with David Schröder in his new role as COO, after his tremendous contribution as CFO. We are also proud to welcome Dr Sandra Dembeck as CFO. Sandra brings a breadth of financial expertise from a multitude of relevant industries. We are convinced that this team will deliver on the company's growth ambition and build upon the strong entrepreneurial culture, in order to create long-term value for customers, partners, and shareholders." (End) MEDIA INQUIRIES INVESTOR/ANALYST INQUIRIES
16.12.2021 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. |
| Language: | English |
| Company: | Zalando SE |
| Valeska-Gert-Straße 5 | |
| 10243 Berlin | |
| Germany | |
| E-mail: | investor.relations@zalando.de |
| Internet: | https://corporate.zalando.de |
| ISIN: | DE000ZAL1111 |
| WKN: | ZAL111 |
| Indices: | DAX |
| Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange |
| EQS News ID: | 1258516 |
| End of News | DGAP News Service |
|
|
1258516 16.12.2021
P R O D U C T S U G G E S T I O N S
The information presented here has been provided by our content partner EQS-Group. The originator of the news is the respective issuer, the company relating to the news, a publication service provider (press or information agency) which uses the distribution service of EQS to transmit company news to shareholders, investors, investors or interested parties. The original publications and other company-relevant information can be found at eqs-news.com.
The information you can access does not constitute investment advice. The presentation of our cooperation partners, where the implementation of investment decisions would be possible depending on the individual risk profile, is solely at the discretion of the person using the service. We only present companies of which we are convinced that the range of services and customer service will satisfy discerning investors.
If you are considering leverage products, familiarise yourself with the typical characteristics of the financial instruments beforehand. Take the time to determine the risk content of the planned investment before making an investment decision. Bear in mind that a total loss cannot be ruled out with leverage products.
For newcomers to the subject, we offer various options in both the training and the tools section, through which you can train theoretical knowledge and practical experience and thus improve your skills. The offer ranges from participation in webinars to personal mentoring. The range is continuously being expanded.
1 Lab features are usually functionalities that emerge from the think tank of the investor community. In the early stages, these are experimental functionalities whose development process is largely determined by use and the resulting feedback from the community. When integrating external services or functionalities, the functionality can only be guaranteed to the extent that the individual process elements, such as interfaces, interact with each other.