Tom Mastrobuoni, chief financial officer at Tyson Ventures, the corporate venturing unit of the US-based food group, has left to become managing partner at an undisclosed firm.
Tyson had set up a $150m fund to complement its core focus fresh meats, poultry and prepared foods businesses but has run into challenges. Portfolio company Beyond Meat had reportedly been unhappy at Tyson setting up an alternative protein subsidiary and Mastrobuoni left its board in April before the initial public offering.
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