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		</div><p>The chief executive of online fashion retailer Zalando is stepping down to focus on his family, saying his wife’s career should “take priority” in the coming years.</p>
<p>Rubin Ritter, one of three co-chief executives at Zalando, has been in the job since 2010.</p>
<p>Tasked with overseeing strategy and communications, the 38-year-old helped turn the Berlin-based start-up into one of the world’s top online fashion retailers with 14,000 employees and net profit of almost €100 million in 2019.</p>
<p>In a statement, Zalando said Mr Ritter had informed the company on Sunday of his decision to step down in 2021, more than two years before his contract ends.</p>
<p>“I feel that it is time to give my life a new direction,” Mr Ritter said.</p>
<p>“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.”</p>
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<p>The head of Zalando’s supervisory board, Cristina Stenbeck, said the company regretted Mr Ritter’s decision but “we have the highest respect for the underlying personal motivation”.</p>
<p>Last month, Mr Ritter published the company’s first report on diversity and inclusion, saying these should be seen as “an opportunity rather than a challenge”.</p>
<p>The company has been criticised for currently having only men on its five-member management board.</p>
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