Beyond Meat director Raphael Wallander resigns
Beyond Meat, Inc. reported that Raphael Thomas Wallander resigned as a Class III director and member of the Human Capital Management and Compensation Committee of its board of directors, effective May 28, 2026.
Rhea-AI Filing Summary
Beyond Meat, Inc. reported that Raphael Thomas Wallander resigned as a Class III director and member of the Human Capital Management and Compensation Committee of its board of directors, effective May 28, 2026. He had joined the board on October 15, 2025.
The company explains that his appointment was originally made in connection with an offer to exchange its outstanding 0% Convertible Senior Notes due 2027 for a mix of newly issued 7.00% Convertible Senior Secured Second Lien PIK Toggle Notes due 2030 and shares of common stock.
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8-K Event Classification
Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers
1 item
Item 5.02
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers
Governance
Key personnel changes including departures, elections, or appointments of directors and executive officers.
Key Figures
Director resignation date: May 28, 2026
Director appointment date: October 15, 2025
Existing convertible notes: 0% Convertible Senior Notes due 2027
+1 more
4 metrics
Director resignation date
May 28, 2026
Effective date of Raphael Thomas Wallander’s resignation
Director appointment date
October 15, 2025
Effective date Wallander joined as Class III director
Existing convertible notes
0% Convertible Senior Notes due 2027
Notes referenced in connection with his appointment
New convertible notes
7.00% Convertible Senior Secured Second Lien PIK Toggle Notes due 2030
Instruments offered in exchange for the 2027 notes
Key Terms
Class III director, Human Capital Management and Compensation Committee, 0% Convertible Senior Notes due 2027, 7.00% Convertible Senior Secured Second Lien PIK Toggle Notes due 2030
4 terms
Class III director regulatory
"resigned as a Class III director and member of the Human Capital Management"
A Class III director is a board member placed in one of the numbered groups used by companies with a staggered (or “classified”) board; that director’s seat typically comes up for election in the third year of a three-year rotation. For investors this matters because staggered terms create continuity but also make it harder to replace the whole board quickly, affecting shareholder influence, takeover dynamics and how fast new strategy or accountability can be implemented — like replacing only some players on a sports team each season instead of the whole roster at once.
Human Capital Management and Compensation Committee financial
"member of the Human Capital Management and Compensation Committee of the board"
A human capital management and compensation committee is a board-level group that sets and oversees policies on pay, benefits, hiring, talent development, culture, diversity and succession for a company’s workforce and executives. It matters to investors because its decisions shape labor costs, retain key employees, manage people-related risks and align management incentives with long-term shareholder value—like a coach who sets team rules and pay to keep the squad focused and performing.
0% Convertible Senior Notes due 2027 financial
"exchange its outstanding 0% Convertible Senior Notes due 2027 for a combination"
7.00% Convertible Senior Secured Second Lien PIK Toggle Notes due 2030 financial
"newly issued 7.00% Convertible Senior Secured Second Lien PIK Toggle Notes due 2030"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What board change did Beyond Meat (BYND) disclose in this 8-K?
Beyond Meat disclosed that Raphael Thomas Wallander resigned as a Class III director and member of the Human Capital Management and Compensation Committee, effective May 28, 2026. The filing focuses on this board-level governance change.
What role did Raphael Thomas Wallander have at Beyond Meat (BYND)?
Raphael Thomas Wallander served as a Class III director and a member of Beyond Meat’s Human Capital Management and Compensation Committee. His responsibilities included board governance and oversight of compensation and human capital matters.
When was Raphael Thomas Wallander appointed to Beyond Meat’s board?
He was appointed to Beyond Meat’s board as a Class III director and committee member effective October 15, 2025. His appointment was linked to a debt exchange offer involving the company’s convertible notes.
When did Raphael Thomas Wallander resign from Beyond Meat’s board?
Raphael Thomas Wallander resigned from Beyond Meat’s board and its Human Capital Management and Compensation Committee on May 28, 2026. The 8-K filing formally records the effective date of his resignation.
How was Wallander’s appointment connected to Beyond Meat’s convertible notes?
The filing states that Wallander’s appointment occurred in connection with Beyond Meat’s offer to exchange its outstanding 0% Convertible Senior Notes due 2027 for new 7.00% Convertible Senior Secured Second Lien PIK Toggle Notes due 2030 and common stock.
Which executive signed this Beyond Meat (BYND) 8-K?
The report was signed on behalf of Beyond Meat by Lubi Kutua, who serves as Chief Financial Officer and Treasurer. His signature indicates the company’s authorized submission of the disclosure.
AI-generated analysis. How Rhea-AI works. Not financial advice.
