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Impossible Foods Names Insider Borecky As CFO Ahead Of Potential Listing

By Donna Ahern
Impossible Foods Names Insider Borecky As CFO Ahead Of Potential Listing

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.

Borecky, 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.

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.

Leilani Gayles Appointment 

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.

Founded in 2011, Impossible Foods is backed by high-profile names including Microsoft Corp co-founder Bill Gates, Google Ventures and UBS Group AG.

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.

News by Reuters edited by Donna Ahern, Checkout. For more A Brands stories click here. Click subscribe to sign up for the Checkout print edition.

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