Second Blue Apron Founder Salzberg Leaves CEO Job Amid Stock Slump

Blue Apron Holdings Inc. has replaced its chief executive, as the meal-kit maker struggles to hold on to customers and reverse a precipitous drop in investor confidence since its initial public offering in June.

Co-founder Matthew B. Salzberg was replaced as Blue Apron’s chief executive by CFO Brad Dickerson, who joined Blue Apron from apparel maker Under Armour Inc. in 2016. Blue Apron disclosed the moves in a securities filing Thursday, but said the changes took place Monday.

… SOURCE: GoogleNews