Aspex Urges Delivery Hero Board to Oust CEO Oestberg

Aspex Management has urged Delivery Hero to remove CEO Niklas Oestberg. The investor cited operational failures and value erosion following a recent asset sale.

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Aspex Management, a prominent shareholder in Delivery Hero SE, has formally requested the removal of Chief Executive Officer Niklas Oestberg and his top management team. In a letter sent to the company’s supervisory board, the investor escalated its campaign for a comprehensive strategic overhaul, citing persistent operational failures and a flawed corporate strategy.

The logo of Delivery Hero is displayed at the company's Berlin headquarters in Germany. REUTERS/Fabrizio Bensch/File Photo
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