Deliveroo CEO Will Shu to Step Down Post DoorDash Acquisition
Deliveroo, the food delivery platform, has announced that its CEO and founder, Will Shu, will step down from his position following the completion of DoorDash's acquisition of the company. The acquisition is expected to be finalized on October 2. Shu founded Deliveroo in 2013 and has served as the company's CEO since its inception. The decision for Shu to step down comes as part of the integration process between Deliveroo and DoorDash, the US-based food delivery giant. While the details of Shu's future role, if any, within the combined entity have not been disclosed, the news signals a significant shift in Deliveroo's leadership and the direction of the company moving forward. The acquisition by DoorDash is expected to strengthen Deliveroo's position in the highly competitive food delivery market.
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