Blue Apron CEO Salzberg Steps Down, to Be Replaced by CFO
- New CEO to handle day-to-day operations and focus on margins
- Salzberg will stay involved and map out long-term strategy
Matt Salzberg
Photographer: Michael Nagle/BloombergThis article is for subscribers only.
Blue Apron Holdings Inc. Chief Executive Officer and co-founder Matt Salzberg stepped down from the top role after the meal-kit company suffered production problems and projected slower sales growth.
Chief Financial Officer Brad Dickerson will replace Salzberg, who will continue as executive chairman, the New York-based company said Thursday in a statement. Blue Apron has begun a search for a new CFO. Shares rose 2 percent to $3.03 in extended trading.