Gayles will oversee people operations, including talent acquisition, compensation and rewards, talent and leadership development, diversity, equity and inclusion, and strategic people initiatives to support the company’s commitment to creating the best work experience for all its employees, said Impossible Foods.
“This is an organization that’s united around a shared mission and isn’t afraid to take big risks in the name of innovation,” Gayles said. “Because of that, I look forward to continuing the innovation in how our people work, live and develop in their careers.”
Impossible Foods’ finance leader and interim CFO, David Borecky, has been promoted to the position of CFO. Borecky, who originally joined the company as its chief accounting officer, and has led the accounting, tax, and financial operations of the organization for more than two years, during which time Impossible Foods secured a total of $700m in new funding.
Prior to joining Impossible Foods, Borecky served as the Controller at Stripe and held senior management positions in finance and corporate development at Square, where he played a key role in Square’s IPO.
“Meeting the unprecedented demand for Impossible products while continuing to invest in R&D and technology is what fuels our long-term growth,” Borecky said. “As CFO, my goal is to build an efficient, data-driven and scalable finance operation that delivers on the promise of our mission for consumers, investors, and the planet.”
Impossible Foods’ business has scaled dramatically since early 2020, including an expansion into Canada, a more than 150-fold growth of its retail footprint, and the launch of Impossible Sausage Made From Plants in restaurants, including 15,000 Starbucks locations.
In total, the company has increased production of Impossible Burger more than 10-fold since early 2019, with plans to introduce Impossible Chicken Nuggets Made From Plants and other new SKUs in restaurants and grocery stores this fall.