Beyond Meat suspends operating chief after arrest for allegedly biting man's nose

Beyond Meat said its operating main Doug Ramsey has been suspended, effectual immediately, aft helium was arrested Saturday evening for allegedly punching a antheral and biting his nose.

The institution said successful a connection connected Tuesday day that Jonathan Nelson, the company's elder vice president of manufacturing operations, volition oversee Beyond's operations activities connected an interim basis.

Ramsey, 53, was charged with terroristic threatening and third-degree artillery and booked successful the Washington County jailhouse aft allegedly assaulting a operator successful a parking store adjacent Razorback Stadium.

Ramsey allegedly punched done the backmost windshield of a Subaru aft it made interaction with the beforehand tyre of Ramsey's car, according to a preliminary constabulary study obtained by CNBC. The Subaru proprietor past got retired of his car, and Ramsey allegedly started punching him and spot his nose, "ripping the soma connected the extremity of the nose," according to the report. The unfortunate and a witnesser besides alleged that Ramsey told the Subaru proprietor helium would termination him.

Ramsey has been Beyond Meat's main operating serviceman since December. The quality of his apprehension aft a University of Arkansas shot crippled brought much scrutiny to the vegan nutrient company, which has been struggling with disappointing income and capitalist skepticism implicit its semipermanent maturation prospects. The banal has fallen 75% this year, dragging its marketplace down to $1.02 billion. Just 3 years ago, the institution was valued astatine $13.4 billion.

Prior to joining Beyond Meat, Ramsey spent 3 decades astatine Tyson Foods, overseeing its poultry and McDonald's businesses. Beyond Meat was relying connected his acquisition to assistance the institution successfully propulsion disconnected large launches, peculiarly with fast-food companies similar Taco Bell proprietor Yum Brands and McDonald's.

Ramsey did not respond to a petition for remark from CNBC.