Enjoy Technology’s interim chief financial officer, Cal Hoagland, resigned from the company effective June 1, according to a securities filing. The departure follows that of previous CFO Fareed Khan, who left in April.
The company did not announce a new interim finance chief or transition plan. Enjoy has been wrestling with increasing cash burn, and its recent filings include “going concern” warnings that it might not survive without additional capital.
Enjoy, whose CEO and co-founder is former J.C. Penney chief and Apple retail executive Ron Johnson, operates a “commerce-at-home” retail channel that aims to bring store experiences and expertise to homes.
Source: Retail Dive