(Reuters) -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. 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. The company on Monday also announced the appointment of Leilani Gayles as its chief people officer. Founded in 2011, Impossible Foods is backed by high-profile names including Microsoft Corp co-founder Bill Gates, Google Ventures and UBS Group AG.

Source: MetroXpress August 09, 2021 13:52 UTC