Source: Washington County, Arkansas
Besides meat CEO Doug Ramsey was arrested this weekend after allegedly biting a man in the nose in an Arkansas garage after a college football game.
Ramsey, 53, was charged with making terroristic threats and a third-degree felony and was booked into the Washington County jail Saturday night. He was released on Sunday, according to Washington County, Arkansas, infomation page.
Ramsey and Beyond Meat did not immediately respond to a request for comment from CNBC.
According to a preliminary police report, a scuffle broke out in a garage near Razorback Stadium after a University of Arkansas football game. Local TV station KNWA / Fox24 first reported Ramsey’s arrest.
Ramsey is alleged to have punched through the rear windshield of a Subaru after it made contact with the Ramsey’s front tire. The Subaru owner then stepped out of his car, and Ramsey is said to have started punching him and biting his nose, “the flesh on the tip of his nose,” according to reports. The victim and a witness also allege that Ramsey told the Subaru owner he was going to kill him.
Campus police declined to comment to CNBC, citing an ongoing investigation.
Ramsey was CEO of Beyond Meat since December. The food company has faced skepticism from investors about its disappointing revenue, operational challenges and long-term growth prospects. The stock is down 73% this year, dragging its market to $1.09 billion. Just three years ago, the company was valued at $13.4 billion.