Tuesday, July 18, 2017

A Boardless Company

It seems that Hampton Creek, know for its eggless mayonnaise, is boardless as well. A recent report indicates that five board members have recently resigned, leaving co-founder and CEO Josh Tetrick as the only remaining board member. The company has had a string of setbacks, including allegations of food safety after it bought back products from supermarkets. The company issued a statement indicating that the lack of a board gave more power to the staff, it appears that the direction of the company is now entirely in the hands of Tetrick.