Beyond Meat CFO Mark Nelson To Retire
Mark Nelson, chief financial officer of Beyond Meat, who played a key role in the plant-based patty maker's blockbuster public listing in 2019, will retire in May.
The retirement was voluntary and not a result of any disagreement or on any matter relating to its operations, policies or practices, the company said.
Nelson, who joined Beyond Meat in December 2015, will retire on 5 May, but will remain as a consultant until 5 May 2023.
The company's shares have jumped six fold under Nelson's watch since the IPO, but he has courted controversy after being named in a fraud claims lawsuit filed by Don Lee Farms, a former Beyond Meat supplier.
Beyond Meat has counter-sued Don Lee Farms, according to food industry magazine Food Navigator, with a trial date set for June.
Don Lee Farms did not immediately respond to e-mailed requests for comment, while Nelson was not immediately available to comment on LinkedIn.