Beyond Meat Inc. (NASDAQ: BYND) announced that Raphael Thomas Wallander resigned as a Class III director and member of the Human Capital Management and Compensation Committee on May 28, 2026.

Wallander had served on the board for approximately seven months after his appointment on October 15, 2025. His initial appointment was made in connection with the company's debt exchange offer involving its outstanding 0% Convertible Senior Notes due 2027.

The exchange offer involved swapping the existing notes for a combination of newly issued 7.00% Convertible Senior Secured Second Lien PIK Toggle Notes due 2030 and shares of the company's common stock, according to the company statement.

The company has not disclosed the reason for Wallander's resignation or announced plans for a replacement on the board.