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Report: Boxed exec leaving amid sale discussions with Amazon, Kroger

2/2/2018
A retailer that sells bulk groceries, household products and other items online is losing the head of its fastest-growing business unit.

Behzad Soltani, the VP and general manager of Boxed’s business-to-business division, is leaving the company to take a C-level role at another company, reported ReCode.

According to the report, Soltani joined the e-retailer’s executive team in July. Prior to joining Boxed, he was VP and general manager, digital strategy and e-commerce at Keurig Green Mountain. Prior to that he spent more than 12 years at Staples. Most recently, he served three years as the company’s VP, global e-commerce and business development.

The news about Soltani’s departure comes amid acquisition discussions. Both Amazon and Kroger Co. are interested in purchasing Boxed.

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