UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): July 24, 2017
Blue Apron Holdings, Inc.
(Exact Name of Registrant as Specified in its Charter)
Delaware |
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001-38134 |
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81-4777373 |
(State or Other Jurisdiction |
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(Commission |
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(IRS Employer |
5 Crosby Street |
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10013 |
(Address of Principal Executive Offices) |
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(Zip Code) |
Registrants telephone number, including area code: (347) 719-4312
(Former Name or Former Address, if Changed Since Last Report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company x
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. o
Item 5.02. Departure of Directors or Principal Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
(b)
On July 24, 2017, Matthew J. Wadiak resigned as Chief Operating Officer of Blue Apron Holdings, Inc. (the Company). Mr. Wadiak will transition to a senior advisory role with the Company.
Item 7.01. Regulation FD Disclosure.
On July 25, 2017, the Company announced certain changes to its management team, including the resignation of Mr. Wadiak as Chief Operating Officer, by a press release, which is attached hereto as Exhibit 99.1 and is incorporated by reference into this Item 7.01.
In accordance with General Instruction B-2 of Form 8-K, the information set forth in or incorporated by reference into this Item 7.01 shall not be deemed to be filed for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the Exchange Act), or otherwise subject to the liability of that section, and shall not be incorporated by reference into any registration statement or other document filed under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such filing.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits
Exhibit |
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Description |
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99.1 |
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Press Release of Blue Apron Holdings, Inc. issued July 25, 2017. |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
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BLUE APRON HOLDINGS, INC. | |
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Date: July 25, 2017 |
By: |
/s/ Benjamin C. Singer |
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Benjamin C. Singer |
Exhibit 99.1
Blue Apron Holdings, Inc. Announces Changes to Executive Leadership Team
New York, NY July 25, 2017 Blue Apron Holdings, Inc. (NYSE: APRN) today announced changes to its executive leadership team.
Tim Smith, currently Blue Aprons 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 Aprons consumer product portfolio, inclusive of its culinary, supply chain, packaging, and consumer insights functions. This new team will lead the companys ongoing work to deliver more flexible, diverse, and personalized experiences for Blue Aprons 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 weve 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 companys 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 Aprons 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 companys 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 Aprons 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 Aprons 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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