قالب وردپرس درنا توس
Home https://server7.kproxy.com/servlet/redirect.srv/sruj/smyrwpoii/p2/ Business https://server7.kproxy.com/servlet/redirect.srv/sruj/smyrwpoii/p2/ Blue apron president steps down

Blue apron president steps down



Brad Dickerson, who became chief executive and board member of the meal delivery company in 2017, goes down this week to "pursue new opportunities," said the company in a statement Tuesday.

Ilia Papas, Blue Apron's co-founder and chief engineer, also leaves new opportunities, says the company. His last day will be in early May, and the company said it has a transition plan.

Dickerson is replaced by Linda Findley Kozlowski, who becomes Managing Director and becomes a member of the Board on Monday. Dickerson will remain as a business adviser for an unreleased period. He joined the company as his financial manager in 2016, before replacing co-founder Matt Salzberg in the top roller. Salzberg is the chairman of Blue Apron's Board of Directors.
Shares in the company appeared more than 1
3% to about $ 1.10 after trading time on the news. Investors may think that new leaders can help Blue Apron ( APRN ) jump back. The stock has lost most of its value since it released its $ 10 per share debut almost two years ago.
The company has lots of competitors, including Germany-based HelloFresh, Plated, Sun Basket and Home Chef, most recently acquired by supermarket giant Kroger ( KR ]) .

Blue apron has lost money. In January, Blue Apron reported losing $ 23.7 million. In the last quarter of 2018 – an improvement compared to larger losses during the relevant period the year before. It has also been sustained losing customers: In the last quarter of 2017, the company had 746,000 customers. One year later, the figure was 557,000.

It's been cutting jobs in an attempt to get back on track. In November, it announced plans to reduce 4% of the workforce, about 100 jobs. It was the second time that Blue Apron announced job cuts since its original public offering in 2017.

Kozlowski said Tuesday it is "an exciting time to participate." She added that thanks to "significant product, platform and operational progress," Blue Apron "now has the right foundation for growth." Before joining Blue Apron, Kozlowski was Etsys COO. She serves, among other things, on Ralph Lauren's board.

– CNN Business & # 39; Paul R. La Monica has contributed to this report.


Source link