Tupperware names new CEO; shares rise

Tupperware Brands

17/10/2023 13:31

(Updates)
    ** Shares of consumer products co Tupperware Brands  TUP.N 
up 8.9% at $2.2, premarket
    **  Co appoints Laurie Ann Goldman as President, CEO and a
Director of the Board 
    ** Goldman replaces Miguel Fernandez; Fernandez will no
longer serve as a director of the Board, effective immediately
    ** Three new directors also join board, says co
    ** "Now is the right time to bring in new leadership, and
Laurie Ann is exceptionally well-suited to advance our long-term
strategy and accelerate growth," said Susan Cameron, chair of
Tupperware's board.
    ** As of last close, TUP shares down 51.2% YTD


 (Reporting by Rupali Chaudhary in Bengaluru)
 ((Rupali.chaudhary@thomsonreuters.com))