Instacart Founder, Executive Chairman Apoorva Mehta To Resign From Company

Apoorva Mehta, the founder and executive chairman of the US-based online grocery delivery business Instacart, has declared his intention to leave the company. As soon as Instacart becomes a publicly traded business, CEO Fidji Simo will take over as board chair. When Mehta stepped down as CEO of Instacart, Simo, a former Facebook employee, took control and will go on to serve as executive chairman of the board.