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Story summary
- Peter McGuinness will step down as chief executive officer of Impossible Foods after nearly four years.
- The company will be managed by its executive team, including Jason Gao, Meredith Madden, and Robert Haas.
- McGuinness will remain on the board.
- United States retail sales in the plant-based category declined 7.5% in the past year.
- Impossible continues to innovate with a partnership with EQUII to develop high-protein grain products.
