Zalando, Europe’s leading online retailer for shoes and fashion, has transformed its legal form into a European Company (Societas Europaea/SE) and from now trades under the name Zalando SE, effective since May 28, 2014. With this step Zalando aims to professionalize its corporate governance and points out its international approach. The new legal form has no influence on the current business.

“Zalando is a European company: We operate in 15 European markets, we achieve more than 50% of our sales outside of Germany and our team is becoming increasingly international. Zalando has now the legal form which fits a modern company and reflects our international approach”, states Rubin Ritter, member of the Zalando management board.

The online platform strengthens its supervisory board with Kai-Uwe Ricke (52), who has previously been Chairman of the Deutsche Telekom and currently holds the position as Chairman of United Internet. At the same time Martin Weber, who held the position on an interim basis since the first constitution in December 2013, will leave the supervisory board.

The Zalando supervisory board consists of Cristina Stenbeck (Chairman), Lorenzo Grabau (Deputy Chairman), Lothar Lanz, Anders Holch Povlsen, Kai-Uwe Ricke and Alexander Samwer. In addition, three employee representatives will complete the supervisory board: Christine de Wendel (France), Christoph Stark (Logistics) and Benjamin Krümel (Purchasing Department Fashion) will represent a strong employee perspective.