---
schema_version: "secwatch.filing_event.v1"
accession: "0001655210-22-000206"
form_type: "8-K"
ticker: "BYND"
cik: "0001655210"
company_name: "BEYOND MEAT, INC."
filed_at: "2022-10-14T23:59:59+00:00"
generated_at: "2026-06-23T03:35:05.502090+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Beyond Meat cuts 19% workforce, CFO resigns, issues revised FY2022 revenue guidance

## Summary
- Workforce reduction of ~200 employees (19% of global workforce); one-time cash charges ~$4M in Q4 2022.
- CFO Phil Hardin resigning Oct 12, 2022; replaced by Lubi Kutua (VP FP&A & IR) effective Oct 13, 2022.
- Global Chief Growth Officer/President NA Deanna Jurgens departing; role eliminated; sales to report to new SVP Mike Sharman.
- Combined actions expected to save ~$27M cash operating expenses and ~$12M non-cash stock-based compensation over 12 months.
- Company issued updated FY2022 revenue outlook; targeting cash flow positive operations in H2 2023.

## SEC filing metadata
- accession: 0001655210-22-000206
- form_type: 8-K
- ticker: BYND
- cik: 0001655210
- company_name: BEYOND MEAT, INC.
- filed_at: 2022-10-14T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 2.05, 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1655210/000165521022000206/0001655210-22-000206-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1655210/000165521022000206/bynd-20221010.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001655210-22-000206
- JSON: https://secwatch.observer/filing/0001655210-22-000206.json
- Plain text: https://secwatch.observer/filing/0001655210-22-000206.txt

## Key facts
- Executive change
  Jonathan Nelson was appointed as Senior Vice President, Operations at BEYOND MEAT, INC..
  - Action: appointed to permanent role
  - Role: Senior Vice President, Operations
  source text: Jonathan Nelson will lead operations and supply chain, now on a permanent basis, as Senior Vice President, Operations.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1655210/000165521022000206/0001655210-22-000206-index.htm
- Executive change
  Douglas W. Ramsey departed as Chief Operating Officer at BEYOND MEAT, INC..
  - Action: resigning
  - Role: Chief Operating Officer
  source text: Mr. Ramsey’s last day of employment with the Company is October 14, 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1655210/000165521022000206/0001655210-22-000206-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.