Delivery Hero Management

Management criteria checks 2/4

We currently do not have sufficient information about the CEO.

Key information

L. Oestberg

Chief executive officer

€4.5m

Total compensation

CEO salary percentage	7.7%
CEO tenure	12.5yrs
CEO ownership	n/a
Management average tenure	8.8yrs
Board average tenure	3.3yrs

Recent management updates

No updates

Recent updates

CEO Compensation Analysis

How has L. Oestberg's remuneration changed compared to Delivery Hero's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	n/a	n/a	-€2b
Sep 30 2023	n/a	n/a	-€2b
Jun 30 2023	n/a	n/a	-€2b
Mar 31 2023	n/a	n/a	-€3b
Dec 31 2022	€5m	€350k	-€3b
Sep 30 2022	n/a	n/a	-€2b
Jun 30 2022	n/a	n/a	-€2b
Mar 31 2022	n/a	n/a	-€1b
Dec 31 2021	€4m	€350k	-€1b
Sep 30 2021	n/a	n/a	-€2b
Jun 30 2021	n/a	n/a	-€2b
Mar 31 2021	n/a	n/a	-€2b
Dec 31 2020	€4m	€350k	-€1b
Sep 30 2020	n/a	n/a	-€1b
Jun 30 2020	n/a	n/a	-€940m
Mar 31 2020	n/a	n/a	-€815m
Dec 31 2019	€3m	€325k	-€689m
Sep 30 2019	n/a	n/a	-€524m
Jun 30 2019	n/a	n/a	-€360m
Mar 31 2019	n/a	n/a	-€317m
Dec 31 2018	€1m	€250k	-€273m
Sep 30 2018	n/a	n/a	-€249m
Jun 30 2018	n/a	n/a	-€224m
Mar 31 2018	n/a	n/a	-€337m
Dec 31 2017	€213k	€181k	-€329m

Compensation vs Market: L.'s total compensation ($USD4.85M) is above average for companies of similar size in the Austrian market ($USD2.43M).

Compensation vs Earnings: L.'s compensation has increased whilst the company is unprofitable.

CEO

L. Oestberg (43 yo)

12.5yrs

Tenure

€4,525,000

Compensation

Mr. L. Niklas Oestberg serves as Member of Global Advisory Board at Delivery Hero SE since 2021. He co-founded Delivery Hero SE (formerly Delivery Hero Holding GmbH) in 2010 and has been its Chief Executiv...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
L. Oestberg	Co-Founder	12.5yrs	€4.53m	no data
Emmanuel Thomassin	MD, CFO	10.3yrs	€2.30m	no data
Pieter-Jan Vandepitte	COO & Member of Management Board	8.8yrs	€2.30m	no data
Lukasz Gadowski	Co-Founder	13.3yrs	€8.22k	no data
Christoph Bast	Head of Investor Relations	2.8yrs	no data	no data
Bodo Braunmühl	Head of Corporate Communications	no data	no data	no data
Ana Mitrasevic	Chief People & Sustainability Officer	2.5yrs	no data	no data
Johannes Bruder	Chief Product Officer	5.6yrs	no data	no data
Sigrid Osterrieth	Co-Chair of Diversity & Inclusion Advisory Board and Senior Director of Communications of D&I	no data	no data	no data
Sigrid Dalberg-Krajewski	Director of Corporate Communications	no data	no data	no data

8.8yrs

Average Tenure

46yo

Average Age

Experienced Management: DHER's management team is seasoned and experienced (8.8 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
L. Oestberg	Co-Founder	3.3yrs	€4.53m	no data
Emmanuel Thomassin	MD, CFO	3.3yrs	€2.30m	no data
Sigrid Osterrieth	Co-Chair of Diversity & Inclusion Advisory Board and Senior Director of Communications of D&I	2.7yrs	no data	no data
Martin Enderle	Independent Chairman of Supervisory Board	7yrs	€350.00k	no data
Jeanette Gorgas	Independent Member of the Supervisory Board	3.9yrs	€145.00k	no data
Patrick Kolek	Independent Deputy Chairman of Supervisory Board	6.9yrs	€200.00k	no data
Jeri Doris	Chairman of Diversity & Inclusion Advisory Board	2.7yrs	no data	no data
Gabriella Ardbo Engaras	Employee Representative Member of the Supervisory Board	3.9yrs	€45.00k	no data
Nils Engvall	Employee Representative Member of the Supervisory Board	3.9yrs	€25.00k	no data
Bongjin Kim	Member of Global Advisory Board	3.2yrs	no data	no data
Leandro Mazoni	Member of Diversity & Inclusion Advisory Board	2.7yrs	no data	no data
Patricia Pierre	Member of Diversity & Inclusion Advisory Board	2.7yrs	no data	no data

3.3yrs

Average Tenure

52yo

Average Age

Experienced Board: DHER's board of directors are considered experienced (3.3 years average tenure).

Delivery Hero Management

Management criteria checks 2/4

Key information

Recent management updates

Recent updates

Forecast to breakeven in 2026

Full year 2023 earnings released: €8.57 loss per share (vs €11.21 loss in FY 2022)

Sachem Head Capital Management Acquires Stake in Delivery Hero

The Competition and Consumer Commission of Singapore Raises Potential Worries on Possible Deal Between Grab and Foodpanda

Delivery Hero, Uber Eats Reportedly Fail to Reach Deal on Foodpanda Biz

Delivery Hero Terminates Talks on Potential Sale of Foodpanda Business in Southeast Asia

Delivery Hero Says Talks Over Potential Sale of Southeast Asia Business Continue

New minor risk - Profitability

Forecast to breakeven in 2026

No longer forecast to breakeven

Delivery Hero SE to Report Fiscal Year 2023 Results on Apr 25, 2024

Delivery Hero in Talks to Sell Part of Foodpanda Business

Delivery Hero in Talks to Sell Part of Foodpanda Business

First half 2023 earnings released: €3.04 loss per share (vs €5.75 loss in 1H 2022)

Now 20% undervalued after recent price drop

Delivery Hero SE (XTRA:DHER) acquired the remaining 37% stake in HungerStation, Ltd. for approximately €270 million.

Now 21% undervalued

Full year 2022 earnings released: €11.21 loss per share (vs €4.48 loss in FY 2021)

Delivery Hero SE (XTRA:DHER) completed the acquisition of Food Delivery and Quick Commerce Business in Central America and the Caribbean of Hugo Technologies S.A. de C.V.

Delivery Hero SE to Report Q3, 2023 Results on Nov 09, 2023

Forecast to breakeven in 2025

First half 2022 earnings released: €5.64 loss per share (vs €3.84 loss in 1H 2021)

Delivery Hero SE (XTRA:DHER) completed the acquisition of Glovoapp23, S.L. from a number of shareholders.

Full year 2021 earnings released: €4.48 loss per share (vs €7.03 loss in FY 2020)

An unknown buyer acquired an unknown minority stake in Rappi S.A.S. for $150 million from Delivery Hero SE (XTRA:DHER).

Delivery Hero Scales Down Foodpanda Germany to Berlin-Based Innovation Hub and Announces the Planned Divestiture of Foodpanda Japan

First half 2021 earnings released: €3.84 loss per share (vs €2.24 loss in 1H 2020)

Affinity Equity Partners, GS Retail Co., Ltd. (KOSE:A007070) and Permira Advisers Ltd. signed an agreement to acquire Delivery Hero Korea Ltd from Delivery Hero SE (XTRA:DHER) for an enterprise value of KRW 800 million.

Delivery Hero SE (XTRA:DHER) acquired 5.1% stake in Deliveroo plc (LSE:ROO).

iFood.com Agência de Restaurantes Online S.A. completed the acquisition of 51% stake in Domicilios.com.

Glovoapp23, S.L. entered into an agreement to acquire Operations in Bosnia Herzegovina, Bulgaria, Croatia, Montenegro, Romania, and Serbia from Delivery Hero SE (XTRA:DHER) for €170 million.

Delivery Hero SE Announces the Launch of the Delivery Hero Tech Academy

Full year 2020 earnings released: €7.00 loss per share (vs €3.62 loss in FY 2019)

Delivery Hero Provides Revenue Guidance for 2021

Delivery Hero SE (XTRA:DHER) completed the acquisition of 87% stake in Woowa Brothers Corp. from NAVER Corporation (KOSE:A035420), Goldman Sachs Group, Merchant Banking Division, Sequoia Capital, GIC Pte. Ltd. and Hillhouse Capital Management, Ltd.

New 90-day high: €140

Delivery Hero SE to Report Q3, 2021 Results on Nov 11, 2021

Delivery Hero SE has completed a Follow-on Equity Offering in the amount of €1.246471 billion.

New 90-day high: €139

Delivery Hero SE to Receive Regulatory Approval for Its Joint Venture with Woowa Brothers Corp

New 90-day high: €119

Delivery Hero SE (XTRA:DHER) reached an agreement to acquire 7.5% stake in Glovoapp23, S.L. from Amrest Sas for €76.2 million.

Delivery Hero SE (XTRA:DHER) completed the acquisition of Operations of Glovo in Peru, Ecuador, Costa Rica, Honduras and Guatemala for €230 million.

Delivery Hero SE (XTRA:DHER) acquired an unknown minority stake in MOVO Miau Miau Internacional, SL for €13 million.

First half earnings released

Delivery Hero SE (XTRA:DHER) acquired InstaShop Ltd.

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age