Beyond Meat Taps Tyson Foods Veterans To Top Executive Roles

Beyond Meat Inc BYND has appointed Doug Ramsey as its Chief Operating Officer. Doug previously spent three decades at Tyson Foods Inc TSN, where he oversaw the poultry and McDonald's businesses.
The company also stated Bernie Adcock will join in the newly created Chief Supply Chain Officer role and will report to Ramsey.
Ramsey and Adcock join as Beyond Meat, the plant-based meat brand, is aggressively scaling production and commercialization in the U.S., EU, and China.
Beyond Meat expects the pair will be growing its operations, supply chain, manufacturing, and driving efficiencies to unlock cost savings.
"As we've made clear, we are investing today in tomorrow's growth, whether by adding to our best-in-class management team or by building out operations around the world, to advance our vision of being the global protein company of the future," said CEO Ethan Brown.
Price Action: BYND shares are trading higher by 4.97% at $74.79 on the last check Wednesday.