GrubHub founder leaving after $7.3bn sale to Just Eat Takeaway.com

- Advertisement -


Tea

He is the owner of US food delivery startup GrubHub, just months after completing the sale of Just Eat Takeaway.com.

- Advertisement -

Matt Maloney will step down from the management board of the newly combined company “to pursue other opportunities.” He will leave on 1st December.

- Advertisement -

Maloney co-founded the food delivery app GrubHub in Chicago in 2004. He grew into a business with a turnover of over $1 billion and took the company public in New York in 2014. His exit began shortly after Just Eat Takeaway.com completed a $7.3 billion acquisition. business in June

Maloney’s departure has Just Eat CEO Jitse Groen, CFO Brent Wisink, and COO Jörg Gerbig on the management board.

- Advertisement -

“He has built a fantastic company and helped create hundreds of thousands of jobs across America,” Groen said of Maloney in a statement. “We regret his leaving the company and wish him all the best in his future endeavours.”

Shares of Just Eat Takeaway.com fell 34p, or 0.6%, to 5604p.

Elsewhere, Games Workshop today announced the departure of Sally Matthews from its board after just one year. The Murthy retailer said Mathews would resign as non-executive director and chairman of the audit and risk committees when the company’s current reporting period ends on November 28.

Mathews, an accountant by training, joined Games Workshop’s board last October. She previously worked at meal delivery kit company Gusto and spent time at Tesco.com and Unilever. The reason for his departure was not given.

Games Workshop thanked Matthews for his “valuable contribution” and said a recruitment process was underway to find a replacement.

Shares slipped 95p, or 1%, to 9705p.

.

- Advertisement -

Stay on top - Get the daily news in your inbox

DMCA / Correction Notice

Recent Articles

Related Stories

Stay on top - Get the daily news in your inbox