DoorDash names Prabir Adarkar as its new president, COO

DoorDash on Thursday named Prabir Adarkar its new president and COO, and promoted Ravi Inukonda to the role of CFO, according to a press release.  

Adarkar succeeds Christopher Payne, who is retiring from the president position, said Tony Xu, CEO and co-founder of DoorDash, in a written statement. Inukonda succeeds Adarkar as CFO. They will assume the new positions on March 1. 

“Everyone on our leadership team has a succession plan, and we are always growing our deep bench of talent to ensure we have the right people to step up when ready,” Xu wrote. “So, while I knew that we wouldn’t have Christopher forever, I also knew that we had a plan for when the time came.” 

Payne will remain with the company through the transition and will act as an advisor through the end of May, Xu said. Inukonda, who currently serves as vice president of finance and strategy for the company, has overseen the financial planning and execution for the last five years. 

“He has an intuitive grasp of our business’ unique interconnectedness and an intricate understanding of the second- and third-order effects of our decisions that benefits all of our stakeholders,” Xu said. “Ravi’s impact has continued to expand over his time at DoorDash, and his capabilities as a leader have pushed us to excel.”

DoorDash, which began as a restaurant-delivery platform, launched grocery delivery in August 2020—early in the pandemic. 

The company has been steadily growing the profile of its retail-delivery business and now reports having more than 25 million monthly active users across the more than 75,000 grocery, convenience and retail stores on its platform.

DoorDash aired a 30-second ad during the Super Bowl earlier this month, trumpeting its grocery delivery channel. The marketing campaign, "We Get Groceries," is the first time DoorDash has mounted an ad push specifically for its grocery business. 

“With our newest omnichannel campaign—our first focused solely on grocery—we’re showcasing in an amusing, creative way DoorDash’s selection and expertise when it comes to getting everything you need to make your next meal and more,” the company said in a statement.