(Reuters) -HelloFresh’s chief financial officer Christian Gaertner will step down in the fourth quarter of 2025 at the latest, the meal-kit company said in a statement on Tuesday.
Shares in the company were down 3% at 0806 GMT.
They have fallen by 11% since January.
HelloFresh’s business boomed during the pandemic when homebound customers bought its pre-portioned ingredients boxes to cook during lockdowns. Now the meal-kit model is struggling as people go out more while tightening their belts because of inflation.
The company has started looking for a new CFO and Gaertner’s successor will be announced in due course, HelloFresh said.
A former Goldman Sachs and Bank of America managing director, Gaertner joined the company in 2015.
(Reporting by Paolo Laudani in Gdansk, editing by Rachel More)
