Strengthening the management level below the executive board, Zalando created three new positions to join its seven senior vice presidents. Anne Pascual was promoted to senior vice president of product design, and Astrid Arndt was appointed SVP for people and organization. Both have been with the company for several years. Bruno Vanhoorickx, who comes from Bain Capital, will join Zalando in March to serve as SVP for corporate development, reporting directly to Rubin Ritter, joint chief executive and head of strategy, to “help us to discover new opportunities and growth horizons.” Zalando has been expanding its management team since April 2019, when two additional board members were appointed, followed by three senior vice presidents in October 2019. Zalando has set the goal of tripling its market volume to €20 billion by 2023/24.