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Past Meat names Amazon veteran Phil Hardin as CFO By Reuters 

© Reuters. FILE PHOTO: Past Meat merchandise are displayed on grocery retailer cabinets inside Kroger Co.’s Ralphs grocery store amid fears of the worldwide progress of coronavirus circumstances, in Los Angeles, California, U.S. March 15, 2020. REUTERS/Patrick T. Fallon/File Photograph

(Reuters) -Plant-based meat maker Past Meat (NASDAQ:) Inc on Friday named Inc (NASDAQ:) veteran Phil Hardin as its chief monetary officer, changing Mark Nelson who retired in Could.

Hardin spent 15 years at Amazon and has held a number of roles in finance, most just lately as vp, finance for Amazon promoting. He’ll be a part of Past Meat in July.

The appointment comes at a time the plant-based meals market heats up, with many corporations planning a inventory market itemizing, together with Past Meat’s most important rival Unattainable Meals.

Oat milk maker Oatly Group AB raised over a billion {dollars} when it went public in Could, highlighting investor curiosity within the plant-based meals area.

Past Meat’s inventory, which rose about 90% between its IPO in Could 2019 and finish of final yr, is up 14.5% thus far in 2021.

Nelson, who performed a key position in Past Meat’s blockbuster public itemizing, was pulled into an argument after being named in a fraud claims lawsuit filed by Don Lee Farms, a former Past Meat provider.

Past Meat on Friday additionally named Deanna Jurgens as its chief progress officer and Margaret Trask as its chief individuals officer.

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