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0 0.00454545454545445 0.00872727272727277 9.09090909090809E-05 0.0090909090909091 0 0.00881818181818186 0
Stock impact report

Beyond Meat terminates controller after identifying material weakness [Yahoo! Finance]

Beyond Meat, Inc. - Common stock (BYND) 
Last beyond meat, inc. - common stock earnings: 2/27 04:05 pm Check Earnings Report
Company Research Source: Yahoo! Finance
Meat alternative company Beyond Meat terminated the employment of its corporate controller and principal accounting officer, Yi (Jevy) Luo, the company announced in a securities filing Thursday. Luo's last working day was Thursday, while his last day of employment will be Dec. 23, the company said. Also effective Thursday, Beyond Meat CFO Lubi Kutua assumed the duties of principal accounting officer as the business searches for a permanent successor. Kutua will not receive additional compensation in connection with his added responsibilities, the company said. The termination occurs about a month after the beleaguered El Segundo, California-based company identified a material weakness in its internal controls for finance reporting related to accounting for non-recurring and complex transactions, according to a Nov. 12 filing with the Securities and Exchange Commission. Management determined that “inadequate technical resources are currently in place to effectively identify and de Show less Read more
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