U.S. Markets open in 2 hrs 15 mins

Blue Apron Appoints Elizabeth Huebner to Board of Directors

Blue Apron Holdings, Inc. (NYSE: APRN) today announced the appointment of Elizabeth Huebner to its board of directors on January 3, 2020. Huebner brings significant financial and operational expertise to Blue Apron’s board, having served as Chief Financial Officer for several public companies including Getty Images, Inc., and held numerous board of directors positions. The board expects to appoint Huebner to one or more committees of the board at a later date.

"Liz not only brings deep, relevant experience as a veteran finance executive but she also believes strongly in our mission and the positive impact that we’re having on home cooks across the country," said Linda Findley Kozlowski, Blue Apron President and Chief Executive Officer. "We are confident she will provide a valuable perspective as we pursue our growth strategy and look forward to her contributions."

"I am impressed by what Blue Apron has accomplished to date as a pioneer of the meal kit category in the U.S. and am looking forward to working closely with leadership and the rest of the board to help the company reach success as it embarks on its growth strategy," said Huebner.

Huebner held numerous executive finance positions throughout her 26-year career, including serving as Senior Vice President and Chief Financial Officer for Getty Images, Inc. Prior to Getty Images, she was the Chief Financial Officer for Primus Knowledge Solutions, Inc. where she played a key role in its 1999 initial public offering. Huebner was also the Chief Financial Officer for Fluke Corporation, a NYSE company, from 1996 to 1998. She began her career at Arthur Andersen where she left as an Audit Manager and spent seven years with McCaw Cellular (ATTWireless) in a variety of senior financial positions.

Huebner currently serves on the REI Co-op board where she is a member of the Audit and Finance Committee. She previously served on the board of Blucora, Inc., where she chaired the Audit Committee, was a member of the Compensation Committee and was a member and chair of the Nominating and Governance Committee. She also formerly served on the board of directors of Procera Networks, Inc. and is currently on the board of directors for the National Association of Corporate Directors Pacific Northwest Chapter.

Blue Apron also announced that Robert P. Goodman stepped down from Blue Apron’s board on December 31, 2019 to spend more time on other ventures.

"As an early investor and influential member of our Board of Directors, Bob has contributed greatly to Blue Apron. We thank him for all his work and support over the past four years," said Kozlowski.

The board appointed Huebner to fill one of two vacancies on the board. Other members of the Blue Apron board of directors are Julie M.B. Bradley, Tracy Britt Cool, Gary R. Hirshberg, Brian P. Kelley, Linda Findley Kozlowski and Matt Salzberg.

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.

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 financial 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 the continued service and availability of key personnel; the company’s anticipated growth strategies, including its decision to prioritize its core direct-to-consumer business and certain customer segments within the direct-to-consumer business; the company’s ability to achieve year-over-year quarterly customer and revenue growth in 2020; the company’s ability to execute on its strategic growth plan and to deliver increased value to its customers and shareholders; its ability to cost-effectively attract new customers, retain existing customers and increase the number of customers it serves; other anticipated trends and challenges in its business; and other risks more fully described in the company’s Quarterly Report on Form 10-Q for the quarter ended September 30, 2019 filed with the U.S. Securities and Exchange Commission ("SEC") on October 31, 2019, and in other filings that the company may make with the SEC in the future. The company assumes no obligation to update any forward-looking statements contained in this press release as a result of new information, future events or otherwise.

View source version on businesswire.com: https://www.businesswire.com/news/home/20200107005327/en/


Investors & Media:
Louise Ward