By Jesse Newman
Beyond Meat said Friday that the head of its human resources team would be departing, the latest in a string of executives to part ways with the plant-based-burger maker.
In an filing to the U.S. Securities and Exchange Commission, Beyond said its chief people officer, Margaret Trask, would step down Oct. 13 to pursue another opportunity. She joined the company in 2021.
Trask’s departure extends an ongoing shake-up to Beyond’s executive ranks–the company lost multiple top executives in 2021 and 2022 and its chief brand officer departed in January.
The faux-meat pioneer has been struggling with sagging demand and weak sales. Its stock is down 22% so far this year, and the company said recently that it is unlikely to achieve its previous target of “cash flow positive operations” within the second half this year, a goal it had set for itself.
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