New York CNN Business  — 

Two of Blue Apron’s top executives are resigning from the struggling company.

Brad Dickerson, who became president, CEO and a board director of the meal-kit delivery company in 2017, is stepping down this week to “pursue new opportunities,” the company said in a statement Tuesday.

Ilia Papas, Blue Apron’s co-founder and chief technology officer, is also leaving for new opportunities, the company said. His last day will be in early May, and the company said it has a transition plan.

Dickerson will be replaced Linda Findley Kozlowski, who will become president, CEO and join the board of directors Monday. Dickerson will stay on as a company adviser for an undisclosed period of time. He joined the company as its chief financial officer in 2016, before replacing co-founder Matt Salzberg in the top role. Salzberg is chairman of Blue Apron’s board.

Shares of the company popped more than 13% to about $1.10 after trading hours on the news. Investors may think new leadership can help Blue Apron (APRN) bounce back. The stock has lost most of its value since it made its public debut at $10 a share nearly two years ago.

Blue Apron said on Tuesday that its CEO and CTO are stepping down.

The company has plenty of competitors, including Germany-based HelloFresh, Plated, Sun Basket and Home Chef, the last of which was acquired by supermarket giant Kroger (KR).

Blue Apron has been losing money. In January, Blue Apron reported that it lost $23.7 million in the last quarter of 2018 — an improvement over greater losses in that period the previous year. It’s also been steadily losing customers: In the last quarter of 2017, the company had 746,000 customers. One year later, that figure was 557,000.

It’s been cutting jobs in an effort to get back on track. In November, it announced plans to cut 4% of its workforce, about 100 jobs. It was the second time Blue Apron announced job cuts since its initial public offering in 2017.

Kozlowski said Tuesday it is “an exciting time to join.” She added that thanks to “significant product, platform and operational advancements,” Blue Apron “now has the right foundation for growth.” Prior to joining Blue Apron, Kozlowski was Etsy’s COO. She serves on Ralph Lauren’s board, among others.

– CNN Business’ Paul R. La Monica contributed to this report.