Lothar Lanz nominated as the new Chairman of Zalando

Lothar Lanz, member of the Supervisory Board and Chair of the Audit Committee since February 2014, has been nominated to become Chairman of the Supervisory Board effective after the AGM. Meanwhile, current Deputy Chairman of the Audit Committee Kai-Uwe Ricke has been designated to take over the Chairmanship of the Audit Committee.

Lothar Lanz brings extensive experience in building media and digital businesses, and in overseeing listed German companies through his various supervisory board roles. On his appointment, Lanz said, “It’s a privilege to have been considered by my Supervisory Board colleagues to become Chairman. I look forward to continuing my work with the Zalando management team and with my fellow Supervisory Board members to support the company in its next stage of growth and development.”

The Nomination Committee of the Supervisory Board has also proposed Jørgen Madsen Lindemann for election to the Supervisory Board. He is CEO of Modern Times Group MTG AB, a leading international entertainment group, founded by Kinnevik in 1987. He brings relevant management experience from operating a pan-European digital consumer growth company. Cristina Stenbeck has informed the Supervisory Board of her intention to step down at the next AGM.