Niklas Östberg, the Chief Executive Officer of Delivery Hero, has announced his intention to step down from his position by March 2027.

Niklas Östberg, the CEO of Delivery Hero, is set to resign from his position, with the company beginning a search for his successor amidst pressure from activist investors.

Investor Aspex is increasing its influence at Delivery Hero, putting pressure on founder and CEO Niklas Östberg over the food delivery service's low profitability.