- Tupperware Brands Corp 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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