Beyond Meat has appointed Brijesh Krishnaswamy, currently chief commercial officer for North America at Olam Food Ingredients (OFI), as its new chief operating officer.

Krishnaswamy is expected to take up the COO role on a part-time basis from 24 August 2026, before converting to full-time employment from 30 September 2026.

In a Securities and Exchange Commission (SEC) filing, alt-meat maker Beyond disclosed that it has sent an offer letter to Krishnaswamy, dated 26 July.

Upon Krishnaswamy’s expected full-time employment commencement date, Beyond’s interim chief transformation officer, John Boken – who has been serving as interim COO since 17 May 2026 – will no longer be required to fulfil the duties of the COO role.

During his time at OFI, spanning more than two decades, Krishnaswamy has served in a variety of roles of increasing responsibility. OFI is a global supplier of natural food and beverage ingredients and solutions across cocoa, coffee, dairy, nuts and spices.

He has been the company’s CCO for North America since February 2025. Prior to this, he served as president and global head of spices from April 2022, and senior vice president and global head of spices from January 2018.

Earlier roles included senior VP and global head of hazelnuts, head of sales for edible nuts in Europe, country head of the Netherlands, and more.

Krishnaswamy joins Beyond at a time of significant change for California-headquartered Beyond, which has been undergoing major efforts to transform its operations in recent years following what CEO, founder and president Ethan Brown described as “weaker demand” for plant-based meat alternatives.

The company expanded out of meat alternatives to enter the functional beverage category earlier this year, a move met with mixed responses from industry as many debated what the diversification meant for the brand’s future.

Beyond has suffered declining revenue in recent years, impacted by market headwinds that continue to shake the plant-based – and broader F&B – industry.

The company is expected to announce its financial results for the second quarter ended 27 June 2026 on 5 August. In its Q1 results, the company posted net revenues of $58.2 million, a 15.3% decrease year-over-year. However, the company narrowed its losses, with Brown reporting “significant operating expense improvement and our lowest quarterly cash use in over two years”.

Beyond received a letter from the Nasdaq Listing Qualifications Department in March, warning the company that it faces delisting after its stocks fell below the minimum $1 per share price for 30 consecutive business days. The company was given until 31 August to regain compliance and boost its stock prices, with the stock required to close at above $1 for at least ten consecutive business days before this date.

The company remains at risk, with the company currently trading at 58 cents per share, but may qualify for an 180-day extension to the compliance deadline if required.

Alongside Krishnaswamy’s appointment, Beyond’s board of directors appointed CEO Brown to serve as a Class III director on 28 July. This filled the vacancy created by the resignation of Raphael Thomas Wallander on 28 May.