Priya Patel
Key Points:
- UPSIDE Foods has appointed Jeremy Hux as Chief Financial Officer and promoted Sheetal Shah to Chief Supply Chain & Manufacturing Officer.
- Hux brings extensive financial leadership expertise in sustainability and technology, while Shah has played a key role in the development and expansion of UPSIDE’s supply chain and manufacturing operations.
UPSIDE Foods, the cultivated meat, poultry and seafood company, has announced the appointment of Jeremy Hux as Chief Financial Officer and the promotion of Sheetal Shah to Chief Supply Chain & Manufacturing Officer. Hux will bring extensive financial leadership expertise in sustainability and technology to UPSIDE, having previously served as CFO for Manus Bio and leading sustainable and clean technology investment banking practices at Morgan Stanley, Credit Suisse, and Marathon Capital. Shah, on the other hand, joined UPSIDE in 2021 and has since spearheaded the development and expansion of its supply chain and manufacturing operations. His achievements include strategic sourcing and cost reduction efforts, overseeing engineering and production, and planning for manufacturing at a commercial scale. These appointments reflect UPSIDE’s commitment to assembling a strong team to drive scalability and financial discipline in the company.
“Jeremy and Sheetal’s leadership and deep expertise in scaling and disciplined growth will be crucial in this next chapter,” said Uma Valeti, CEO and Founder of UPSIDE Foods. “Equally significant is their unwavering commitment to shaping a better future. Their mission-driven mindsets, complemented by their decades of experience in finance and supply chain management, respectively, will be instrumental in UPSIDE’s success.”
Hux expressed his excitement to join UPSIDE at this pivotal point of scaling commercial operations, as the company aims to reduce the environmental impact of the food supply and sustainably feed a growing global population with finite resources. Shah also expressed his pride in what the UPSIDE team has accomplished so far and is now focused on scalability and building a world-class supply chain and manufacturing footprint to deliver against production, cost, and impact targets.
These appointments come after a series of milestones for UPSIDE, including the completion of the first-ever
