Meati Foods Appoints Phil Graves CEO Amidst Company Restructuring
Meati Foods, an alternative meat company known for its MushroomRoot protein, announced the appointment of Phil Graves as its new Chief Executive Officer (CEO) and member of the Board. Graves was recently welcomed to the team as the company’s Chief Financial Officer (CFO), but has been quickly transitioned into the CEO position, with co-founder and CEO Tyler Huggins stepping into the role of Chief Innovation Officer. Amidst challenges in the plant-based market, Graves’s experience in financial management, strategic planning, and operational optimization aims to help Meati enhance profitability and streamline its operations. As part of this strategic direction, the company is set to reduce its workforce by 13%, a decision aimed at accelerating its path to profitability without impacting its supply chain. “These changes allow …