The upcoming merger with Zalando has an impact on personnel planning at the Hamburg e-commerce group About You Holding SE.
Sebastian Klauke has “declared to the Supervisory Board and the Executive Board that he will continue his office as a member and chairman of the Supervisory Board for a transitional period beyond April 30, 2025,” the company announced on Wednesday.
Klauke had actually planned to resign from his post earlier. Last June, About You announced that “in connection with his departure from the management of the Otto Group, he intends to resign from the company’s supervisory board early and by April 30, 2025 at the latest.”
The background to the decision is the planned takeover of About You by Zalando
The background to the now announced change of heart is the agreement concluded in December with the Berlin online retailer Zalando SE, which envisages a takeover of About You by the competitor and a merger of the two companies. Klauke has decided “to support the transition on the supervisory board as part of Zalando’s takeover offer,” explained About You.
When he will actually leave the board now “depends on the further course and completion of the takeover offer” and will be “announced to the public in due course,” the company said.