Plus   Neg

Tupperware CEO Tricia Stitzel Steps Down - Quick Facts

Tupperware Brands Corp. (TUP) said that Tricia Stitzel has decided to step down as Chairman and Chief Executive Officer of the company, and as a director of the Company, effective immediately.

The company appointed Christopher O'Leary, an independent director of Tupperware, as Interim Chief Executive Officer.

The company said it has commenced a search for a permanent Chief Executive Officer, and has engaged Heidrick & Struggles, a leading executive search firm, to identify and evaluate qualified candidates.

Susan Cameron, Lead Director of the Board, was appointed as Non-Executive Chairman. O'Leary has served as an independent director of the Tupperware Board since January 2019. He is the former Executive Vice President and Chief Operating Officer, International, for General Mills, Inc. previously, he spent 16 years at PepsiCo, Inc., where he held numerous roles, culminating in serving as Chief Executive Officer and President of Hostess, Frito-Lay Inc. O'Leary currently serves as a partner at Twin Ridge Capital, a private investment firm.

For comments and feedback contact: editorial@rttnews.com

Business News

Editors Pick
Memphis Meats, a cell based meat start-up, raised $161 million in a new round of funding from Softbank Group-led investors, in order to launch products to the market. With this, total funding exceeds $180 million. Memphis Meats intends to use the new funding to build a pilot facility for the production of cell-based meat, increase the number of employees, and to bring its products to the market. Intel Corp. (INTC), the world's biggest chipmaker, Thursday said its profit and revenues for the fourth quarter trumped Wall Street estimates. The company's shares gained nearly 7 percent driven by strong outlook for the first quarter and full year 2020. Santa Clara, California-based Intel reported... ABH Pharma, Inc. and Stocknutra.com Inc. have recalled all of its dietary supplement products pursuant to a consent decree entered by the U.S. District Court for the Eastern District of New York. The companies have recalled all dietary supplement products manufactured and sold between January 2013...
Follow RTT