Beyond Meat Suspends COO Following Arrest Over Nose Biting Incident

Beyond Meat, Inc. BYND has suspended its Chief Operating Officer, Doug Ramsey, effective immediately.
Further, the company's operations activities will be overseen on an interim basis by Jonathan Nelson, Senior Vice President, Manufacturing Operations.
The plant-based meat substitute producer's COO was reportedly arrested over the weekend after biting a man's nose after a college football game.
Related: Vegan-Friendly Beyond Meat's COO Arrested For Allegedly Biting Man's Nose In Parking Lot Fight
The news is a cause for concern as the company is struggling with falling sales.
Beyond Meat's shares have dropped 84.8% over a 12-month period and have fallen 73.8% since the year began.
Price Action: BYND shares are trading lower by 1.93% at $15.72 in premarket on the last check Wednesday.
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