Beyond Meat COO Doug Ramsey arrested for allegedly biting man’s nose after Arkansas college football game

Beyond Meat COO Doug Ramsey arrested for allegedly biting man’s nose after Arkansas college football game


Douglas Ramsey

Source: Washington County, Arkansas

Beyond Meat Chief Operating Officer Doug Ramsey was arrested this weekend after allegedly biting a man’s nose in an Arkansas parking garage following a college football game.

Ramsey, 53, was charged with terroristic threatening and third-degree battery and booked in the Washington County jail on Saturday evening. He was released Sunday, according to the Washington County, Arkansas, information page.

Ramsey and Beyond Meat did not immediately respond to requests for comment from CNBC.

The altercation happened in a parking garage near Razorback Stadium after the University of Arkansas football game, according to a preliminary police report. Local television station KNWA/Fox24 first reported Ramsey’s arrest.

Ramsey allegedly punched through the back windshield of a Subaru after it made contact with the front tire of Ramsey’s car. The Subaru owner then got out of his car, and Ramsey allegedly started punching him and bit his nose, “ripping the flesh on the tip of the nose,” according to the report. The victim and a witness also alleged that Ramsey told the Subaru owner he would kill him.

Campus police declined to comment to CNBC, citing an ongoing investigation.

Ramsey has been the operating chief of Beyond Meat since December. The food company has been facing skepticism from investors over disappointing sales, operating challenges and its long-term growth prospects. The stock has fallen 73% this year, dragging its market down to $1.09 billion. Just three years ago, the company was valued at $13.4 billion.

Prior to joining the maker of meat alternatives, Ramsey spent three decades at Tyson Foods, overseeing its poultry and McDonald’s businesses. Tyson’s headquarters are in Springdale, Arkansas.

Beyond Meat misses on earnings and revenue



Source

JPMorgan marks 1,000th branch opening since 2018 expansion plans
Business

JPMorgan marks 1,000th branch opening since 2018 expansion plans

A new JPMorgan Chase branch in Charlotte, North Carolina. Courtesy: JPMorgan Chase JPMorgan Chase has built 1,000 new branches in seven years. That’s more locations than most of its competitors operate in total.  The bank is marking the milestone opening in Charlotte, North Carolina, on Thursday where Chairman and CEO Jamie Dimon is attending a […]

Read More
CVS shares pop on earnings beat and outlook, as retail pharmacy and insurance units improve
Business

CVS shares pop on earnings beat and outlook, as retail pharmacy and insurance units improve

CVS Health on Thursday reported second-quarter earnings and revenue that topped estimates and raised its adjusted profit outlook, as it sees strength in its retail pharmacy business and some improvement in its insurance unit.  Shares of the retail drugstore chain jumped more than 9% in premarket trading Thursday. The company now expects fiscal 2025 adjusted […]

Read More
Comcast earnings top analyst estimates despite broadband customer losses
Business

Comcast earnings top analyst estimates despite broadband customer losses

Comcast beat Wall Street estimates on Thursday for second-quarter earnings and revenue. Yet the company saw a loss of broadband customers even as it pivoted its market strategy for the segmen Comcast and its cable peers have been suffering from a slowdown in broadband growth, which has impacted company stocks. Comcast stock was up about […]

Read More