Beyond Meat cancels major supply chain role after exec . steps down

Beyond Meat cancels major supply chain role after exec . steps down

(Reuters) – Beyond Meat Inc. (NASDAQ:) said Friday it would be eliminating the role of chief supply chain officer after Bernie Adcock told him he would be stepping down from the position effective September 30.

The processed meat producer said that chief operating officer and senior vice president of manufacturing operations, Jonathan Nelson, will oversee the company’s supply chain responsibilities once Adcock leaves.

Beyond Meat added that Adcock was leaving to seize another opportunity.

Earlier this week, Nelson was tasked with overseeing operations on a temporary basis after Chief Operating Officer Doug Ramsey was arrested for allegedly biting a man’s nose.

Rising inflation has dampened the company’s efforts to make its more expensive plant-based meat more affordable for consumers, forcing it to cut its revenue forecast for 2022 and cut 4% of its global workforce in August.

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