Updated
Updated · Bloomberg · May 12
Delivery Hero CEO Niklas Östberg to Step Down by March 2027 as Aspex Raises Stake
Updated
Updated · Bloomberg · May 12

Delivery Hero CEO Niklas Östberg to Step Down by March 2027 as Aspex Raises Stake

7 articles · Updated · Bloomberg · May 12
  • March 31, 2027 is the latest date by which Delivery Hero CEO Niklas Östberg will leave, ending the co-founder’s run atop the German food-delivery company.
  • Aspex’s increased stake sharpened pressure on the board after the activist investor had already called for Östberg’s departure.
  • Delivery Hero said its supervisory board aims to finish the search for a successor by the end of 2026.
  • Östberg co-founded Delivery Hero in 2011, making the planned handover a major leadership shift for one of Europe’s largest delivery groups.
As Delivery Hero's founder exits, will the new focus on profit kill the innovation that built its global empire?
Does the ousting of Delivery Hero's CEO signal the end of the 'growth at all costs' era for tech platforms?
As rivals expand, is Delivery Hero’s asset sale a strategic retreat or a surrender in the food delivery wars?