UPSIDE Foods, a cultivated meat, poultry and seafood company, announced that Jeremy Hux has joined UPSIDE Foods as chief financial officer (CFO), and Sheetal Shah, former senior vice president (SVP) of supply chain and manufacturing at UPSIDE, has been promoted to chief supply chain and manufacturing officer. These strategic appointments emphasize UPSIDE's commitment to assembling a best-in-class team focused on scalability and financial discipline for long-term success.
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Leveraging extensive financial leadership expertise in sustainability and technology, Hux will lead and drive UPSIDE's financial strategies to facilitate scale. With a career spanning over 25 years in CFO roles, investment banking, and private equity, Hux has garnered substantial experience across disruptive industries, including clean technology, clean energy, and synthetic biology, and has led and advised on over $85 billion of financing and M&A transactions.
Before joining UPSIDE, Hux served as the chief financial officer for Manus Bio, where he was responsible for capital raising and overall financial operations, including for their advanced precision fermentation facility. Prior to Manus Bio, he led sustainable and clean technology investment banking practices at Morgan Stanley, Credit Suisse and Marathon Capital, and he was a Partner at True North Venture Partners.
In addition, Sheetal Shah has been promoted from the role of SVP to chief supply chain and manufacturing officer. Shah leads UPSIDE's manufacturing, supply chain, and strategic sourcing efforts. Since joining UPSIDE in 2021, Shah has played a key role in spearheading the development and expansion of UPSIDE's supply chain and manufacturing operations. Significant accomplishments include strategically sourcing cell feed and vital inputs with a focus on cost reduction and scalability, overseeing operations at the Engineering, Production & Innovation Center (EPIC), and leading UPSIDE's plans for manufacturing at commercial scale.
Prior to UPSIDE Foods, Shah served as senior vice president of product & operations at impossible foods, where he managed the supply chain through a period of global turbulence during the covid-19 pandemic, expanded the product portfolio, enabled retail expansion globally and unlocked manufacturing capacity. He was also formerly the chief operations officer at Verifone, where he managed global supply chains through periods of hypergrowth. Before that, Shah was the chief procurement officer at Google's Motorola division, where he was responsible for end-to-end global supplier management.
