EQS-News
Sachem Head Capital Management Supports Delivery Hero’s Proposed Changes to its Supervisory Board
- Sachem Head Capital Management supports Delivery Hero's proposed changes to its Supervisory Board
- Manages 3.6% position in Delivery Hero, including shares and derivatives
- Founder Scott Ferguson sees promise in food delivery market and supports expansion of Supervisory Board
EQS-News: Sachem Head Capital Management LP / Key word(s): AGM/EGM/Miscellaneous
Scott Ferguson, the founder and portfolio manager of Sachem Head, said: “We see great promise in the food delivery market and Delivery Hero’s strong competitive positions in highly attractive markets. I look forward to working with the other members of the Supervisory Board and the Management Board to help the Company realize its full potential.”
About Sachem Head Sachem Head is an investment manager founded in 2012 by Scott D. Ferguson. The firm employs a concentrated, value-oriented investment strategy and is primarily focused on equity investments in North America and Europe.
About Scott Ferguson (CV) Scott is the managing partner and portfolio manager of Sachem Head Capital Management, a value-oriented investment management firm based in New York. Prior to starting Sachem Head in 2012, he spent nine years at Pershing Square Capital Management, which he joined at its inception in 2003. Prior to Pershing Square, Scott earned an M.B.A. from Harvard Business School in 2003 and was a vice president at American Industrial Partners, private equity firm, from 1999 to 2001. Scott was also a business analyst at McKinsey & Company from 1996 to 1999. Scott graduated from Stanford University with an A.B. in Public Policy in 1996. He was formerly on the boards of Olin, Elanco Animal Health, Autodesk and US Foods. |