“Meati Foods Appoints CFO Phill Graves as it Trims Workforce by 13%”
![Ee Meati Feb20 2022](https://techgroundnews.com/wp-content/uploads/sites/4/2024/02/EE_Meati_Feb20_2022-768x512.jpg)
After naming Phil Graves the chief financial officer of alternative protein maker Meati Foods at the beginning of February, he is now the company’s new chief executive officer.
The company also said it was reducing its workforce by 13% as Meati works to “build a financially sustainable business,” Graves told TechCrunch exclusively.
Products are now in over 3,600 retail locations nationwide, including Whole Foods Market, Meijer, Cub Foods and Sprouts Farmers Market.
Graves even said the company has a goal of expanding that to 10,000 locations before the end of 2024.
Once fully ramped up, the facility will have the capability of producing more than 45 million pounds of product, Huggins told TechCrunch at the time.