Blue Apron Holdings, Inc. Announces Changes to Executive Leadership Team
July 25 2017 - 4:30PM
Business Wire
Blue Apron Holdings, Inc. (NYSE:APRN) today announced changes to
its executive leadership team.
Tim Smith, currently Blue Apron’s Vice President, Supply Chain,
has been promoted to Senior Vice President and General Manager,
Consumer Products, a newly created role and team. He joined the
company in August 2016. The Consumer Products general management
team will drive the innovation roadmap for Blue Apron’s consumer
product portfolio, inclusive of its culinary, supply chain,
packaging, and consumer insights functions. This new team will lead
the company's ongoing work to deliver more flexible, diverse, and
personalized experiences for Blue Apron’s customers, building off
its existing product portfolio. In his new role, Smith will report
to Matt Salzberg, Blue Apron CEO. Smith has over 15 years of
general management and supply chain development experience. Prior
to his role at Blue Apron, Smith served as General Manager for
Emerging Brands Group, an incubator for on-trend, fast growing
brands, at Tyson Foods.
"We recognize that everyone has varying needs and preferences
when it comes to home cooking," Smith said. "The goal of the
Consumer Products team is to consistently deliver new and
differentiated products under the strong Blue Apron brand we've
built. We believe this will enable us to cater to more households,
and in turn expand our community of passionate home cooks."
Pablo Cussatti, Senior Vice President of Operations, will also
now report to Salzberg. Cussatti is a seasoned supply chain and
manufacturing executive with extensive experience managing
large-scale operations across the food industry including Pinnacle
Foods, Campbell Soup, and PepsiCo.
Finally, Matthew Wadiak, one of the company’s co-founders, is
stepping down from his role as Chief Operating Officer and will
transition to serve as a senior advisor to the company.
“As a co-founder and member of our executive leadership team,
Matt Wadiak has played an instrumental role in driving forward Blue
Apron’s mission to make incredible home cooking accessible to
everyone,” said Salzberg. “His contributions to the company have
been immeasurable and we thank Matt for his unwavering dedication
over the past five years."
Forward-Looking Statements
This press release includes statements concerning Blue Apron
Holdings, Inc. and its future expectations, plans and prospects
that constitute "forward-looking statements" within the meaning of
the Private Securities Litigation Reform Act of 1995. For this
purpose, any statements contained herein that are not statements of
historical fact may be deemed to be forward-looking statements. In
some cases, you can identify forward-looking statements by terms
such as "may," "should," "expects," "plans," "anticipates,"
"could," "intends," "target," "projects," "contemplates,"
"believes," "estimates," "predicts," "potential," or "continue," or
the negative of these terms or other similar expressions. Blue
Apron has based these forward-looking statements largely on its
current expectations and projections about future events and trends
that it believes may affect its business, financial condition and
results of operations. These forward-looking statements speak only
as of the date of this press release and are subject to a number of
risks, uncertainties and assumptions including, without limitation,
risks related to its announced management and organizational
changes, the continued service and availability of key personnel,
its ability to expand its product assortments by offering
additional products for additional consumer segments, the company’s
anticipated growth strategies, anticipated trends and challenges in
its business, and its expectations regarding, and the stability of,
its supply chain, and the other risks set forth under the caption
“Risk Factors” in its final prospectus filed with the U.S.
Securities and Exchange Commission on June 29, 2017. Blue Apron
assumes no obligation to update any forward-looking statements
contained in this press release as a result of new information,
future events or otherwise.
About Blue Apron
Blue Apron’s mission is to make incredible home cooking
accessible to everyone. Launched in 2012, Blue Apron is reimagining
the way that food is produced, distributed, and consumed, and as a
result, building a better food system that benefits consumers, food
producers, and the planet. The company has developed an integrated
ecosystem that enables the company to work in a direct, coordinated
manner with farmers and artisans to deliver high-quality products
to customers nationwide at compelling values. Blue Apron’s current
products include Blue Apron Meals, Blue Apron Wine, the Blue Apron
Market, and BN Ranch, a premium supplier of grass-fed beef and
pasture-raised poultry.
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version on businesswire.com: http://www.businesswire.com/news/home/20170725006516/en/
For Blue Apron Holdings, Inc.Nisha Devarajan,
512-965-2827nisha.devarajan@blueapron.com
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