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2021-08-10

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Impossible Foods names insider Borecky as CFO ahead of potential listing

Aug 9 (Reuters) - Impossible Foods on Monday appointed insider David Borecky as its chief financial

Impossible Foods names insider Borecky as CFO ahead of potential listing

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He had played a crucial role in Square's initial public offering in 2015.</p>\n<p>Reuters reported in April that Redwood City, California-based Impossible Foods was seeking to go public through an IPO or a merger with a special purpose acquisition company.</p>\n<p>The company on Monday also announced the appointment of Leilani Gayles as its chief people officer. Gayles joins the company after a decade at baseball team the San Francisco Giants.</p>\n<p>Founded in 2011, Impossible Foods is backed by high-profile names including Microsoft Corp co-founder Bill Gates, Google Ventures and UBS Group AG .</p>\n<p>It has received nearly $1.5 billion in funding so far, thanks to the rising popularity of the plant-based meat industry due to environmental and ethical concerns among consumers.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2158444088","content_text":"Aug 9 (Reuters) - Impossible Foods on Monday appointed insider David Borecky as its chief financial officer, ahead of a potential stock market listing that could value the Beyond Meat rival at about $10 billion.\nBorecky, who had been serving as the interim finance chief, had earlier held positions at fintech giant Stripe and payments services company Square Inc . He had played a crucial role in Square's initial public offering in 2015.\nReuters reported in April that Redwood City, California-based Impossible Foods was seeking to go public through an IPO or a merger with a special purpose acquisition company.\nThe company on Monday also announced the appointment of Leilani Gayles as its chief people officer. Gayles joins the company after a decade at baseball team the San Francisco Giants.\nFounded in 2011, Impossible Foods is backed by high-profile names including Microsoft Corp co-founder Bill Gates, Google Ventures and UBS Group AG .\nIt has received nearly $1.5 billion in funding so far, thanks to the rising popularity of the plant-based meat industry due to environmental and ethical concerns among consumers.","news_type":1,"symbols_score_info":{"BYND":0.9}},"isVote":1,"tweetType":1,"viewCount":1856,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":4,"xxTargetLangEnum":"ORIG"},"commentList":[],"hasMoreComment":false,"orderType":2}