DGAP-News: Zalando SE / Key word(s): Personnel 
Zalando Co-CEO Rubin Ritter Intends To Step Down At Next AGM 
 
2020-12-06 / 17:32 
The issuer is solely responsible for the content of this announcement. 
 
*Zalando Co-CEO Rubin Ritter Intends To Step Down At Next AGM* 
 
· *Co-CEO Rubin Ritter today informed the company of his intention to step 
down at next AGM in 2021* 
 
· *Cristina Stenbeck, Chairperson of the Supervisory Board, recognizes 
Ritter's "commitment, strategic clarity and decisive leadership"* 
 
· *Founders Robert Gentz and David Schneider will continue to lead Zalando 
as Co-CEOs after Ritter's departure* 
 
*BERLIN, DECEMBER 6, 2020 //* Zalando SE Co-CEO Rubin Ritter has today 
informed Cristina Stenbeck, Chairperson of the Supervisory Board, about his 
intention to step down from his role as Co-CEO at the AGM in 2021. Cristina 
Stenbeck announced that the Supervisory Board will work together with Mr. 
Ritter to dissolve his contract, which as of today runs until November 2023. 
 
Rubin Ritter, Co-CEO Zalando SE, says: "My decision is the result of many 
months of careful consideration. After more than 11 amazing years where 
Zalando has been my priority, I feel that it is time to give my life a new 
direction. I want to devote more time to my growing family. My wife and I 
have agreed that for the coming years, her professional ambitions should 
take priority. And regarding my own future, I am eager to allow myself time 
to explore new interests beyond Zalando. I have always felt that being a 
part of the Zalando team is a gift and a privilege, and it will be 
incredibly hard for me to leave it behind. Zalando has allowed me to be part 
of a stunning success story that has exceeded my wildest dreams. I will be 
transitioning out of my role at a time where the company continues to 
accelerate and remains uniquely positioned for future success. Zalando's 
role in the European digital economy will further grow, and in my remaining 
months I will ensure that we continue to rapidly advance the execution of 
our strategy." 
 
Cristina Stenbeck, Chairperson of the Supervisory Board, says: "While the 
Supervisory Board clearly regrets Rubin's decision, we have the highest 
respect for the underlying personal motivation and we greatly appreciate his 
transparency and openness in giving the Board and the Company ample time 
until his departure to secure the next steps of this management transition. 
During the nine years I have known Rubin, I have seen first hand the kind of 
commitment, strategic clarity and decisive leadership that Rubin has brought 
to Zalando. As we look to end arguably the most extraordinary year of 
Zalando's history we can only be immensely grateful to Rubin and the broader 
leadership team for the position of strength in which Zalando finds itself 
today. We are looking forward to continuing to work closely with Rubin over 
the coming months, and we hope that he will remain close to Zalando for the 
long-term." 
 
Since 2010, Robert Gentz, David Schneider and Rubin Ritter have led Zalando 
as a team of three Co-CEOs. During that time, Zalando grew from a startup to 
Europe's leading online platform for fashion and lifestyle with 14.000 
employees on its way to achieve more than 10 billion euros Gross Merchandise 
Volume in 2020. Robert Gentz and David Schneider will continue to lead 
Zalando as Co-CEOs after Ritter's departure. 
 
Robert Gentz, Co-CEO: "When we started to ship the first shoes to our 
customers from the basement of our office, we did not know where the journey 
would lead us. It is impossible to overstate Rubin's impact on Zalando's 
success. We will miss him dearly as a strategic thinker and leader." David 
Schneider, Co-CEO, added: "Rubin always has been a role model to many in the 
company. We owe him a lot, as a business partner and friend. I am sure that 
he will stay closely connected to Zalando." 
 
/ 
 
ABOUT ZALANDO 
Zalando (https://corporate.zalando.com) is Europe's leading online platform 
for fashion and lifestyle. Founded in Berlin in 2008, we bring head-to-toe 
fashion to more than 35 million active customers in 17 markets, offering 
clothing, footwear, accessories, and beauty. The assortment of international 
brands ranges from world famous names to local labels. Our platform is a 
one-stop fashion destination for inspiration, innovation, and interaction. 
As Europe's most fashionable tech company, we work hard to find digital 
solutions for every aspect of the fashion journey: for our customers, 
partners and every valuable player in the Zalando story. Our goal is to 
become The Starting Point for Fashion and a sustainable platform with a 
net-positive impact for people and the planet. 
 
MEDIA INQUIRIES 
René Gribnitz 
rene.gribnitz@zalando.de 
+49 (0)173 9264783 
 
Alexander Styles 
alexander.styles@zalando.de 
+49 (0)1522 2715810 
 
INVESTOR/ANALYST INQUIRIES 
Patrick Kofler 
investor.relations@zalando.de 
+49 (0)30 20968 1584 
 
2020-12-06 Dissemination of a Corporate News, transmitted by DGAP - a 
service of EQS Group AG. 
The issuer is solely responsible for the content of this announcement. 
 
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Archive at www.dgap.de 
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:     MDAX 
Listed:      Regulated Market in Frankfurt (Prime Standard); Regulated 
             Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, 
             Munich, Stuttgart, Tradegate Exchange 
EQS News ID: 1153064 
 
End of News DGAP News Service 
 
1153064 2020-12-06 
 
 

(END) Dow Jones Newswires

December 06, 2020 11:32 ET (16:32 GMT)