Inside Hampton Creek’s Empty Boardroom

The resignation of all the company’s remaining outside board members was the culmination of a year of turmoil.
Photographer: Getty Images
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Last week, employees at Hampton Creek Inc. received some startling news. Four of the food startup’s five board members had quit, leaving only Hampton Creek’s co-founder and chief executive officer, Joshua Tetrick.

The group departure happened in June and was the culmination of over a year’s worth of infighting during which many of Hampton Creek’s executives, investors and board members lost faith in the aggressive founder they’d previously hailed as a visionary. They came to question whether Tetrick was the right leader for the struggling startup, which was losing money, missing product deadlines and trying to manage a litany of food safety problems, according to interviews with more than a dozen Hampton Creek insiders, former employees and investors, who asked to remain anonymous because they have signed non-disclosure agreements with the company.