Deliveroo Confirms CEO Will Shu's Continued Leadership
(Reuters) -Meal delivery company Deliveroo said its chief executive, Will Shu, has no plans to step down from his role, after Sky News on Tuesday reported the possibility.
“In response to rumours in the media, the company confirms that there are no plans for Will to step down," a Deliveroo spokesperson told Reuters in an emailed statement.
Shu co-founded the business in 2013 with his childhood friend Greg Orlowski, according to the company's website. He owns more than 6% of Deliveroo, making him the third largest shareholder, according to LSEG data.
U.S. meal delivery group Doordash expressed interest in a takeover of the British firm in early 2024, Reuters reported exclusively in June.
(Reporting by Prerna Bedi and Anandita Mehrotra in Bengaluru; Editing by Anil D'Silva, Tasim Zahid and Leslie Adler)
