Meredith Deutsch, general counsel of Blue Apron Holdings Inc.Blue Apron Adds General Counsel Meredith Deutsch to Its Leadership Recipe
The food kit delivery company said Deutsch will begin her new job Sept. 9. She joins a newer leadership team that changed after a stock plunge earlier this year led to the SEC threatening to delist Blue Apron.
September 05, 2019 at 02:40 PM
3 minute read
Blue Apron Holdings Inc. has shaken up its leadership team recipe and added Meredith Deutsch as general counsel and corporate secretary.
The New York-based food kit delivery company said Deutsch will begin her new job Sept. 9 and report directly to CEO Linda Findley Kozlowski. Deutsch did not immediately return messages seeking comment.
She replaces former general counsel Christina Halliday, a four-year veteran who was one of several leaders to leave the company recently when its financial outlook soured. Former CEO Brad Dickerson along with co-founder and chief technology officer Ilia Papas left in April.
After the company's stock plunged earlier this year, the U.S. Securities and Exchange Commission threatened to delist Blue Apron. Its new leadership took the company through a reverse stock split in June and set a goal of returning to company growth in 2020.
Joining Deutsch at Blue Apron next week will be Julie Betancur as chief human resources officer.
"We are thrilled to be bringing on two incredibly talented, seasoned executives who will be instrumental to our organization as we execute on our recently announced strategy to return the company to year-over-year quarterly growth in 2020," the new CEO, Kozlowski, said in a statement. "Both Meredith and Julie bring unique perspectives and extensive expertise in their respective fields."
Deutsch joins Blue Apron with more than 18 years of experience as both a public company general counsel and a senior corporate lawyer at large international law firms. She spent three years as executive vice president, general counsel and secretary at Morgans Hotel Group Co., a global hospitality company. She previously served as a consultant and acting general counsel to KIT digital Inc.
Deutsch, a graduate of Cornell Law School, spent the first 12 years of her law career in the capital markets practice at Jones Day. Most recently, she was special counsel in the corporate department of Fried, Frank, Harris, Shriver and Jacobson.
She will be leading the legal team in several pieces of litigation. According to its last quarterly filing with the SEC on Aug. 6, the company faces three putative class action lawsuits in New York, alleging misstatements and securities law violations related to its June 2017 initial public offering.
Blue Apron also is appealing an adverse summary judgment granted in July in a shareholder derivative action in Delaware, fighting two suits brought by employees in California alleging wage and other labor violations, and facing an arbitration demand and a lawsuit over a contract dispute with a supplier in Iowa.
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