Photo: Blue Apron

Blue Apron CFO Brad Dickerson is taking over the chief executive job from co-founder Matt Salzberg, the recipe kit delivery company said on Thursday.

Why it matters: This is an attempt to right a ship that has been sinking since Blue Apron went public in late June. Not only has its share price fallen by two-thirds, but it's also faced Amazon entering its market, layoffs and shareholder lawsuits. Shares climbed slightly in aftermarket trading on the announcement.

Dickerson spoke to Axios following the announcement. Highlights:

  • "This is Matt's decision but it had unanimous support from the board... In the near-term we have some operational challenges that are taking up his time as CEO and taking away from time to think about long-term opportunities."
  • "This isn't about performance. Stock price has noting to do with it... it's about future opportunity and clearing the path for Matt to be able to think about how we can become more than a $900 million meal kit business."
  • "We can definitely grow our meal kit business, but we're thinking more broadly about how consumers want to access a great brand with high quality foods going forward. There are lots of ways for consumers to do that."

Dickerson will join the company's board of directors while Salzberg will become executive chairman and remain on its board. Prior to Blue Apron, Dickerson spent 11 years at Under Armor. Blue Apron is now searching for a new finance chief.

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Two officers shot in Louisville amid Breonna Taylor protests

Police officers stand guard during a protest in Louisville, Kentucky. Photo: Ben Hendren/Anadolu Agency via Getty Images

Louisville Metro Police Department said two officers were shot downtown in the Kentucky city late Wednesday, just hours after a grand jury announced an indictment in the Breonna Taylor case.

Driving the news: Metrosafe, the city's emergency services, said it received reports of a shooting at South Brook St. and Broadway Ave., near the area where protests were taking place. A police spokesperson told a press briefing the injuries of both officers were not life-threatening. One officer was "alert and stable" and the other was undergoing surgery, he said.

Updated 1 hour ago - Politics & Policy

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  1. Global: Total confirmed cases as of 9 p.m. ET: 31,778,331 — Total deaths: 974,436 — Total recoveries: 21,876,025Map.
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  3. Health: CDC director says over 90% of Americans have not yet been exposed to coronavirus — Supply shortages continue to plague testing.
  4. Politics: Missouri Gov. Mike Parson tests positive for coronavirus — Poll says 51% of Republicans trust Trump on coronavirus more than the CDC.
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Biden: Breonna Taylor indictment "does not answer" call for justice

Former Vice President Joe Biden. Photo: Leigh Vogel/Getty Images

Former Vice President Joe Biden on Wednesday condemned the grand jury indictment of a Louisville police officer who entered Breonna Taylor's home in March in a botched drug raid that led to her death, saying in a statement the decision "does not answer" for equal justice.

The big picture: Biden called for reforms to address police use of force and no-knock warrants, while demanding a ban on chokeholds. He added that people "have a right to peacefully protest, but violence is never acceptable."

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