Deliveroo Founder Will Shu to Step Down After DoorDash Takeover
PorAinvest
sábado, 20 de septiembre de 2025, 6:20 am ET1 min de lectura
DASH--
Shu, who co-founded Deliveroo in 2013, has been instrumental in transforming the company into a global force, operating in nine countries and employing over 130,000 riders worldwide. In 2024, Deliveroo reported sales of around £2 billion. Shu's departure follows a 13-year tenure as CEO and will see him receive a £178 million windfall from his 6.6% stake in the company [1].
The takeover by DoorDash, a US-based meal delivery service, is part of a strategic move to consolidate market share and leverage combined reach and local expertise to compete more effectively against other players in the food delivery sector. DoorDash agreed to acquire Deliveroo in May 2025, and the deal is currently under review by the European Commission’s simplified merger procedure [2].
Shu cited a desire to contemplate his next challenge after 13 years at the helm of Deliveroo. He stated, "Taking Deliveroo from being an idea to what it is today has been amazing. Today the company's growth and profitability are accelerating, but after 13 years, I want to contemplate my next challenge. I'm super proud of everything we have achieved. We pioneered and then redefined a new category."
Claudia Arney, chairwoman of Deliveroo, praised Shu's contribution, noting, "Will is an incredible innovator and has brought a unique mix of passion, vision, and commitment to the creation and growth of Deliveroo. He has created a British success story that has had a hugely positive impact on the way we eat and shop, provided a new form of work for tens of thousands of people, and helped thousands of restaurants and other merchants grow their businesses - both here and around the world."
The deal is expected to be completed by the end of 2025, with all non-executive directors of Deliveroo, including Cafe Rouge founder Dame Karen Jones and Flutter boss Peter Jackson, also stepping down once the acquisition is effective [2].
Deliveroo founder Will Shu is stepping down after the £2.9 billion takeover by DoorDash. Shu will receive a £178 million windfall from his 6.6% stake in Deliveroo. The deal is expected to complete early next month, with Shu citing a desire to contemplate his next challenge after 13 years as CEO. Deliveroo operates in nine countries and works with over 130,000 riders worldwide, making sales of around £2 billion in 2024.
British food delivery firm Deliveroo has announced that its founder and CEO, Will Shu, will step down once its takeover by US rival DoorDash is complete. The acquisition, valued at approximately £2.9 billion, is expected to finalize early next month.Shu, who co-founded Deliveroo in 2013, has been instrumental in transforming the company into a global force, operating in nine countries and employing over 130,000 riders worldwide. In 2024, Deliveroo reported sales of around £2 billion. Shu's departure follows a 13-year tenure as CEO and will see him receive a £178 million windfall from his 6.6% stake in the company [1].
The takeover by DoorDash, a US-based meal delivery service, is part of a strategic move to consolidate market share and leverage combined reach and local expertise to compete more effectively against other players in the food delivery sector. DoorDash agreed to acquire Deliveroo in May 2025, and the deal is currently under review by the European Commission’s simplified merger procedure [2].
Shu cited a desire to contemplate his next challenge after 13 years at the helm of Deliveroo. He stated, "Taking Deliveroo from being an idea to what it is today has been amazing. Today the company's growth and profitability are accelerating, but after 13 years, I want to contemplate my next challenge. I'm super proud of everything we have achieved. We pioneered and then redefined a new category."
Claudia Arney, chairwoman of Deliveroo, praised Shu's contribution, noting, "Will is an incredible innovator and has brought a unique mix of passion, vision, and commitment to the creation and growth of Deliveroo. He has created a British success story that has had a hugely positive impact on the way we eat and shop, provided a new form of work for tens of thousands of people, and helped thousands of restaurants and other merchants grow their businesses - both here and around the world."
The deal is expected to be completed by the end of 2025, with all non-executive directors of Deliveroo, including Cafe Rouge founder Dame Karen Jones and Flutter boss Peter Jackson, also stepping down once the acquisition is effective [2].
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