The co-chief executive of Europe’s biggest online-only retailer will step down next year so his wife’s career can take priority.
Rubin Ritter has been co-chief of German fashion company Zalando since 2010 and his departure will leave founders Robert Gentz and David Schneider in charge.
Mr Ritter is responsible for strategy and communications in the management team and his contract had been due to run until November 2023.
But he said: “I want to devote more time to my growing family. My wife and I have agreed that for the coming years, her professional ambitions should take priority.
“And regarding my own future, I am eager to allow myself time to explore new interests beyond Zalando.”
“In my remaining months I will ensure that we continue to rapidly advance the execution of our strategy,” he added.
Mr Ritter will step down at the next annual general meeting, which are usually held in May each year.
Zalando was founded in 2008 and now serves 35 million customers in 17 countries.
The company’s chairman, Cristina Stenbeck, said the board regretted Mr Ritter’s decision but respected his reasons and appreciated him giving the company enough time to organise the management transition.
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