Deliveroo CEO Will Shu to Step Down Post DoorDash Acquisition

Deliveroo Plc said Chief Executive Officer Will Shu will step down from the company he founded after DoorDash Inc. completes its acquisition. The deal is expected to close on October 2.

The British food-delivery company’s board, including Chairwoman Claudia Arney, will also step down once the deal with DoorDash is effective, the company said in a statement on Thursday.

Read More: DoorDash Agrees to Buy Deliveroo in $3.9 Billion Deal

Shu, 45, led the company for 13 years and had founded it after a stint in finance, frequently delivering orders himself on his bike. In May, DoorDash agreed to ...