Grubhub’s chief to step down as company considers sale

GrubHub, an online food ordering company, is set to lose its second chief executive officer, as the current leader, Adam DeWitt, is reportedly stepping down. He will be the second CEO to leave the company in less than two years.

DeWitt’s departure also comes as Grubhub’s owner, Just Eat Takeaway, is said to be considering the sale of the company. The outgoing chief has been with the company for 11 years, and he said this is the right time for him to leave.

He will be replaced by the CEO of Grubhub’s Canadian sister company, SkipTheDishes. Howard Migdal has been named as DeWitt’s replacement. His departure was confirmed by Just Eat Takeaway earlier this week. Moreover, the incoming chief executive will also become JET’s executive vice president of its North American business.

According to Restaurant Business, during his more than a decade tenure at Grubhub, DeWitt also served as its chief financial officer at one point. He was the one who guided the company through its initial public offering in 2014 and its sale to Just Eat Takeaway in June 2021.

It was in October of last year when he was promoted to the CEO role, replacing Matt Maloney, who is also the company’s founder. While at Grubhub, DeWitt ran the firm alongside Maloney.

"It is hard to leave Grubhub, but it's the right time for me after 11 years," DeWitt said. "I am incredibly proud of what this team has accomplished and will forever value the relationships I've forged here. Grubhub is in great hands with Howard and the Grubhub leadership team, and I'm excited to watch the company continue to thrive."

Just Eat Takeaway’s CEO, Jitse Groen, also said in a press release, "On behalf of the entire Management Board, I want to thank Adam for all his contributions at Grubhub. We are grateful for his leadership and dedication to the company, and we wish him all the best in his future endeavors.”