Blue Apron CFO to depart for role elsewhere
Blue Apron Holdings Inc. announced Thursday afternoon that Chief Financial Officer Randy Greben would be stepping down to take on a position with another company. He plans to leave the Blue Apron role Oct. 17. Mitchell Cohen will take on the position of interim chief financial officer at the meal-kit company when Greben departs, according to Blue Apron’s press release, which noted that Cohen has “over 30 years of financial, operations and general business experience” and “is a highly experienced chief financial officer with a wealth of experience across a number of industries as well as public and private organizations.” Cohen will immediately begin working with Blue Apron to ease the transition. Blue Apron shares have fallen 17% so far this year, though they’re up 61% over a three-month span. The stock was up about 3% in after-hours trading Thursday after tumbling more than 10% in the regular session.