The news that Blue Apron President, CEO and Co-founder Matt Salzberg has stepped down, with the New York-based company’s board of directors appointing former CFO Brad Dickerson to succeed him, may cause industry watchers to wonder what the change means for the meal-kit service in particular, which has experienced plunging stock prices, a hiring freeze, job cuts, high-profile executive defections, and operational issues at its new Linden, N.J., fulfillment center since its initial public offering in June, or even for the meal-kit sector in general.
Bridget Goldschmidt of Progressive Grocer, Store Brands’ sister publication, reports on Blue Apron’s challenges.