Beyond Meat Moves Ahead With Board Shakeup -- Market Talk

Dow Jones
2025/10/16
 

1838 ET - Beyond Meat founder and CEO Ethan Brown has resigned from the company's board along with director Nandita Bakhshi, according to a securities filing. Two new directors were appointed: Alexandre Zyngier, the managing director of a private investment firm, and Raphael Thomas Wallander, the CEO of a consulting platform. The moves come as the company completed a debt-swap deal that reduced its debt by $800 million and issued millions of new shares. Its shares closed down 14%, at 67 cents, after plunging 49% on Monday. (chris.kuo@wsj.com)

 

(END) Dow Jones Newswires

October 15, 2025 18:38 ET (22:38 GMT)

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