NATIONAL NEWS

Beyond Meat suspends executive after he was arrested on suspicion of biting a man’s nose

Sep 20, 2022, 3:46 PM

Doug Ramsey is seen in a photo provided by Washington County, Arkansas. Beyond Meat suspended its c...

Doug Ramsey is seen in a photo provided by Washington County, Arkansas. Beyond Meat suspended its chief operating officer after he was arrested over the weekend on suspicion of biting a man's nose during a fight following an Arkansas football game. (Washington County, Arkansas Sheriff's Office/AP via CNN)

(Washington County, Arkansas Sheriff's Office/AP via CNN)

(CNN) — Beyond Meat suspended its chief operating officer after he was arrested over the weekend on suspicion of biting a man’s nose during a fight following an Arkansas football game.

Police arrested the vegan food purveyor’s COO Doug Ramsey on charges of “terroristic threatening” and third-degree battery on Saturday night. Ramsey was released on an $11,000 bond the following day, according to court records.

The company didn’t respond to requests for comment on the arrest. It later released a brief statement announcing that Ramsey “has been suspended effective immediately.”

Fayetteville, Arkansas, news station KNWA, citing a police report, said Beyond Meat’s Ramsey “punched through the back windshield” of a Subaru that had hit the tire of his Bronco. The incident took place in a parking garage near Razorback Stadium at the University of Arkansas.

The driver of the Subaru told police that Ramsey “pulled him in close and started punching his body.” Ramsey also bit the driver, “ripping the flesh on the tip of the nose,” the news report said.

Ramsey joined Beyond Meat in December last year, pivoting from a three-decade career at Tyson Foods.

Beyond Meat had been a market leader in the plant-based meat space, alongside rival Impossible Foods. It was a Wall Street juggernaut after its IPO in 2019, but since then has struggled to deliver on sales goals.

Shares have fallen more than 90% from their 2019 high.

On Tuesday, the stock was trading at around $16, a record low since its debut at $25 per share.

In its most recent earnings report, the company blamed inflation for disappointing sales and downbeat outlook. Beyond Meat has long said it hopes to scale up enough to bring the price of its plant-based offerings in line with animal-based products. But in an earnings call with analysts, CEO Ethan Brown said the company wasn’t there yet. The price of Beyond’s “beef” sells for $8.35 a pound, compared with USDA ground beef, which sells for $4.90.

“That is a very difficult proposition when consumers have very high levels of inflation going on and their buying power in grocery is declining,” Brown said.


The-CNN-Wire™ & © 2022 Cable News Network, Inc., a Warner Bros. Discovery Company. All rights reserved.

KSL 5 TV Live

National News

This image released by the U.S. Department of Justice in an FBI affidavit filed in U.S. District Co...

Denise Lavoie and Matthew Barakat, Associated Press

4 charged in transporting suspected Iranian-made weapons. Two SEALs died in intercepting the ship

Four foreign nationals have been charged with transporting suspected Iranian-made weapons after U.S. naval forces interdicted a vessel in the Arabian Sea last month.

6 hours ago

This image provided by the Denver Police Department shows Miles Harford. Denver police are asking f...

Associated Press

Denver police search a former funeral home owner who kept the cremated remains of at least 30 people

Denver police are asking for the public's help in finding a former funeral home owner who they say kept a woman's body in a hearse for two years and also kept the cremated remains of at least 30 people.

8 hours ago

FILE - President Joe Biden's dog Commander looks out from the balcony during a pardoning ceremony f...

Camila DeChalus and Betsy Klein, CNN

Bidens’ dog, Commander, bit Secret Service personnel in at least 24 incidents, records show

The new 24 incidents do not include the other incidents that were previously reported involving executive residence staff and other White House workers.

9 hours ago

A humpback whale breaches near Bering Island off Russia's Kamchatka Peninsula. The unique structure...

Amarachi Orie, CNN

Mystery of whale song unraveled by scientists, study says

Whale songs are one of the most mysterious sounds to have been heard reverberating through the ocean.

9 hours ago

A person looking at the NVIDIA Grace Hopper superchip...

Nicole Goodkind, CNN

S&P 500 and Dow hit new highs as Nvidia fervor takes hold of Wall Street

Stocks soared to new highs on Thursday after Nvidia, the third largest company on Wall Street, blew past earnings expectations and bolstered investor optimism on Wall Street.

10 hours ago

This image provided by Intuitive Machines shows its Odysseus lunar lander with the Earth in the bac...

Marcia Dunn, AP Aerospace Writer

Private lander touches down on the moon but sending weak signal

A private lunar lander is circling the moon while aiming for a touchdown near the south pole. A successful landing Thursday would put the U.S. back on the moon's surface for the first time since NASA's famed Apollo moonwalkers, more than 50 years ago.

11 hours ago

Sponsored Articles

Modern chandelier hanging from a white slanted ceiling with windows in the backgruond...

Lighting Design

Light Up Your Home With These Top Lighting Trends for 2024

Check out the latest lighting design trends for 2024 and tips on how you can incorporate them into your home.

Technician woman fixing hardware of desktop computer. Close up....

PC Laptops

Tips for Hassle-Free Computer Repairs

Experiencing a glitch in your computer can be frustrating, but with these tips you can have your computer repaired without the stress.

Close up of finger on keyboard button with number 11 logo...

PC Laptops

7 Reasons Why You Should Upgrade Your Laptop to Windows 11

Explore the benefits of upgrading to Windows 11 for a smoother, more secure, and feature-packed computing experience.

Stylish room interior with beautiful Christmas tree and decorative fireplace...

Lighting Design

Create a Festive Home with Our Easy-to-Follow Holiday Prep Guide

Get ready for festive celebrations! Discover expert tips to prepare your home for the holidays, creating a warm and welcoming atmosphere for unforgettable moments.

Battery low message on mobile device screen. Internet and technology concept...

PC Laptops

9 Tips to Get More Power Out of Your Laptop Battery

Get more power out of your laptop battery and help it last longer by implementing some of these tips from our guide.

Users display warnings about the use of artificial intelligence (AI), access to malicious software ...

Les Olson

How to Stay Safe from Cybersecurity Threats

Read our tips for reading for how to respond to rising cybersecurity threats in 2023 and beyond to keep yourself and your company safe.

Beyond Meat suspends executive after he was arrested on suspicion of biting a man’s nose