She serves on Ralph Lauren’s board, among others. Kozlowski said Tuesday it is “an exciting time to join.” She added that thanks to “significant product, platform and operational advancements,” Blue Apron “now has the right foundation for growth.” Prior to joining Blue Apron, Kozlowski was Etsy’s COO. It was the second time Blue Apron announced job cuts since its initial public offering in 2017. In November, it announced plans to cut 4% of its workforce, about 100 jobs. It’s been cutting jobs in an effort to get back on track. It’s also been steadily losing customers: In the last quarter of 2017, the company had 746,000 customers. In January, Blue Apron reported that it lost $23.7 million in the last quarter of 2018 - an improvement over greater losses in that period the previous year. The company has plenty of competitors, including Germany-based HelloFresh, Plated, Sun Basket and Home Chef, the last of which was acquired by supermarket giant Krogerīlue Apron has been losing money. The stock has lost most of its value since it made its public debut at $10 a share nearly two years ago.īlue Apron said on Tuesday that its CEO and CTO are stepping down. Investors may think new leadership can help Blue Apron

Shares of the company popped more than 13% to about $1.10 after trading hours on the news. Salzberg is chairman of Blue Apron’s board. He joined the company as its chief financial officer in 2016, before replacing co-founder Matt Salzberg in the top role. Dickerson will stay on as a company adviser for an undisclosed period of time. His last day will be in early May, and the company said it has a transition plan.ĭickerson will be replaced Linda Findley Kozlowski, who will become president, CEO and join the board of directors Monday. Ilia Papas, Blue Apron’s co-founder and chief technology officer, is also leaving for new opportunities, the company said. Two of Blue Apron’s top executives are resigning from the struggling company.īrad Dickerson, who became president, CEO and a board director of the meal-kit delivery company in 2017, is stepping down this week to “pursue new opportunities,” the company said in a statement Tuesday.

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