Less than two years after Amsterdam-based Just Eat Takeaway.com purchased Grubhub and appointed long-time executive Adam DeWitt as CEO, the company announced he is stepping down from his position and leaving the company at the end of April.
Outgoing Grubhub CEO Adam DeWitt first joined Grubhub in 2011.
Current SkipTheDishes CEO Howard Migdal is taking the reins of the third-largest meal delivery provider in North America, and DeWitt will remain with the company through May 1st to ensure a smooth transition.
DeWitt first joined Grubhub as its Chief Financial Officer in November of 2011, well before the explosive growth of the meal delivery category. He was promoted to president and CFO in 2018, before taking over as CEO after founder and former CEO Matt Maloney stepped down from the top spot.
According to the latest figures from Bloomberg Second Measure, Grubhub controls 9 percent of the U.S. meal delivery market, far beyond Uber Eats at 23 percent of the market, and DoorDash, which has grown to 65 percent.
In April of 2022, JET announced its intent to sell Grubhub or explore introducing a strategic partner less than a year after completing its $7.3 billion acquisition of the company. There have been no announcements about a potential or strategic partnership, with decidedly less fanfare than 2020 when Uber walked away from a potential deal that paved the way for JET’s purchase.
In announcing the news, JET said DeWitt’s contributions have been significant over the years, including leading Grubhub through its initial public offering in 2014 and the acquisition by Just Eat Takeaway.com in 2021.
Grubhub is third in U.S. meal delivery market share
Migdal has played a critical role in driving growth and scale at SkipTheDishes, Canada’s leading food delivery platform. He brings more than 16 years of experience in food delivery, having co-founded GrubCanada, Canada’s first national food delivery platform in 2008.
“On behalf of the entire management board, I want to thank Adam for all his contributions at Grubhub,” said Jitse Groen, CEO of Just Eat Takeaway.com. “We are grateful for his leadership and dedication to the Company, and we wish him all the best in his future endeavors. We are also excited to promote Howard as the new leader of our North America segment and Grubhub’s new CEO. He has a proven track record as a leader with a deep understanding of our business, and we are confident in his ability to lead and grow the business into the future.”
In addition, the company announced that Steve Puchala, senior vice president, has been appointed interim CEO for SkipTheDishes, and will report to Migdal.
