Meati Foods Reducing Workforce by 13%, Shifting New CFO into CEO Role

Feb. 20, 2024

Just two weeks after joining the company, Phil Graves will become CEO and the company will attempt to “right size its workforce.”

Andy Hanacek

Meati Foods has appointed Phil Graves to chief executive officer and board member, just over two weeks after he joined the company as its new chief financial officer. Tyler Huggins, co-founder of the company, will transition from his role as CEO to founder/chief innovation officer, overseeing the launch of MushroomRoot Chef Cut product and driving sustainability initiatives, the company said.

The company added: “Along with this change, Meati Foods will continue the work to right size its workforce and accelerate the company’s path to profitability.” According to a TechCrunch news report, the company will reduce its workforce by 13%.

Graves joined Meati at the start of the month after serving in executive roles at Patagonia, Wild Idea Buffalo, and Bass Pro Shops/Cabela’s.

About the Author

Andy Hanacek | Senior Editor

Andy Hanacek has covered meat, poultry, bakery and snack foods as a B2B editor for nearly 20 years, and has toured hundreds of processing plants and food companies, sharing stories of innovation and technological advancement throughout the food supply chain. In 2018, he won a Folio:Eddie Award for his unique "From the Editor's Desk" video blogs, and he has brought home additional awards from Folio and ASBPE over the years. In addition, Hanacek led the Meat Industry Hall of Fame for several years and was vice president of communications for We R Food Safety, a food safety software and consulting company.