Beyond Meat CFO Assumes Principal Accounting Officer Role
Beyond Meat (BYND) announced that its CFO and Treasurer, Lubi Kutua, has taken on the additional role of principal accounting officer following the termination of Yi Luo. This move aims to streamline financial leadership during the search for a permanent replacement. Despite restructuring efforts, the company faces significant financial challenges, with declining revenues and high leverage, leading to a "Neutral" rating from Spark, TipRanks' AI Analyst.
https://www.tipranks.com/news/company-announcements/beyond-meat-cfo-assumes-principal-accounting-officer-role