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Benzinga
Benzinga
Business
Shivani Kumaresan

Tupperware Brands Eliminates COO Position - Read why

TUP Tupperware Cassandra Harris NYSE Tupperware Brands Corp
  • Tupperware Brands Corp (NYSE:TUP) disclosed in a regulatory filing that it is eliminating the position of the Chief Operating Officer (COO).
  • Thus, Cassandra Harris’ employment with the company was terminated. Tupperware has entered into a waiver and release agreement with Harris.
  • The company said the elimination of the post is a part of the organizational restructuring of its operations.
  • She will receive benefits as provided in the Executive Severance Pay Plan.
  • Price Action: TUP shares are trading lower by 1.92% at $6.12 on the last check Monday.
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