CEO leaves Rio Ferdinand-backed tech firm after eight months

The chief executive of a technology firm backed by Rio Ferdinand has left his role after just eight months.
Dwain McDonald joined Manchester-based DeliveryApp in April, succeeding founder Lance Jones who became its executive chairman. Mr McDonald had been with DPD since 1988 and had served as its CEO since 2008. However he left the company suddenly in March 2021 following an unspecified internal investigation.
DeliveryApp is based in Manchester’s Bonded Warehouse and counts Mark Stott, the founder and CEO of the property development firm Vita Group, as its lead investor. In June, it was announced that former Manchester United and England star Rio Ferdinand had also invested in the company.
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Writing on LinkedIn, Mr McDonald said: “After a short and enjoyable journey in Manchester with DeliveryApp I can con …