The CEO of Beyond Meat Inc. to be prohibit after he was arrested for allegedly biting a man’s nose during a melee after a college football game in Fayetteville, Ark.
Doug Ramsey has been suspended, effective immediately, the plant-based meat company said in a statement statement Tuesday. He was arrested on charges of making terroristic threats and third-degree batteries, court records recital. Ramsey is said to have been in a garage when a Subaru inched forward of his Bronco, making contact with the front tire on the passenger side, according to a report of local station KNWA/KFTA.
Ramsey got out of the car and “punched through the rear windshield of the Subaru,” according to the report. Beyond Meat’s CEO allegedly then began punching the owner of the vehicle, who had left the vehicle, while “biting the owner of the vehicle in the nose, tearing the flesh on top of the vehicle.” He also “threatened to kill” the other man, according to the report.
The CEO was released Sunday with a bond worth $11,085, according to court filings.
Ramsey, 53, became CEO of Beyond Meat in December after a three-decade career with Tyson Foods Inc. His arrest is the latest blow to the plant-based protein company, last month slashed revenue outlook for the year and said it would cut 4% of its workforce.
Ramsey and Beyond Meat did not immediately respond to requests for comment. The company’s shares were up 1.4% in post-close trading Monday but are down 74% so far this year.
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