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Beyond Meat, Inc. is a producer of plant-based meat substitutes founded in 2009 by Ethan Brown. The company's initial products were launched in the United States in 2012. The company's initial products were launched in the United States in 2012.
Ethan Walden Brown (born 1971) is an American executive who is the founder, president and CEO of Beyond Meat. [1] Before founding Beyond Meat, Brown worked on alternative energy and electricity grid restructuring at the National Governors Association's Center for Best Practices before joining fuel cell manufacturer Ballard Power Systems.
After his wife reviewed a piece discussing Beyond Meat, a company that created meat substitutes, in 2012 Goldman invested in the company. [15] He became executive chairman of Beyond Meat in 2015 and worked part-time for Honest Tea in Bethesda, Maryland and part-time for Beyond Meat in Manhattan Beach, California. [10]
Today, Beyond Meat stock trades at $8.95 a share — well off its dizzying post-IPO heights. The company's market cap is $577.6 million compared to $18.46 billion for meat king Tyson ( TSN ), per ...
In 2021, McDonald's partnered with Beyond Meat, a Los Angeles–based producer of plant-based meat substitutes, to create the McPlant platform. [ 6 ] [ 7 ] It features a plant-based meat alternative burger patty made from plant ingredients such as potatoes, peas and rice.
For the six months ended June 24, Beyond's cash pile fell 24.4% to $144.8 million as the company battles to win market share from traditional meat. To right the ship, Beyond Meat has overhauled ...
Beyond Meat president and CEO Ethan Brown said in a statement that the company is reducing its revenue outlook to between $360 million and $380 million for 2023, a decrease of about 9% to 14% ...
Beyond Meat will introduce a whole-muscle steak alternative as part of its pivot to win over health-conscious consumers.. CEO Ethan Brown said on Wednesday that the rollout will likely include a ...