TUP Stock Gains 10% as Tupperware Names New CEO


  • Laurie Ann Goldman is the new CEO of Tupperware (TUP).
  • Investors in TUP stock are celebrating the news.
  • She is replacing outgoing CEO Miguel Fernandez.
TUP Stock - TUP Stock Gains 10% as Tupperware Names New CEO

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Tupperware (NYSE:TUP) stock is getting a boost on Tuesday from the food container company announcing its new CEO!

Laurie Ann Goldman is taking over as the next president and CEO of Tupperware. She will also join the company’s board of directors. Goldman is immediately joining Tupperware and is replacing the outgoing president and CEO, Miguel Fernandez.

Tupperware notes that Goldman brings with her 30 years of expertise in leadership and brand-building. The company also notes that her previous work includes acting as the CEO of Avon North America and as the CEO of Spanx.

Here’s what Goldman said about joining Tupperware in a news release:

“I am excited and energized to lead this iconic brand whose innovative products are coveted by millions around the world. This is a tribute to the entrepreneurial and inventive spirit of the wonderful teams that sell and create Tupperware and its impressive retail partners. I can’t wait to delight more consumers with the celebrated products they trust and love.”

Tupperware Board Changes

To go along with Goldman joining Tupperware, the company has announced changes to its board of directors. This has Lori Bush, Paul Keglevic and William Transier being appointed to the board. To allow room for these new directors, Mark Burgess, Meg Crofton, Deborah Ellinger and James Fordyce have voluntarily stepped down.

TUP stock is up 9.9% as of Tuesday morning.

Investors looking for more of the most recent stock market stories will want to keep reading!

We’re offering up all of the hottest stock market news traders need to know about on Tuesday! A few examples include what’s happening with shares of Robinhood (NASDAQ:HOOD), Rolls-Royce (OTCMKTS:RYCEY) and Snap (NASDAQ:SNAP) stock today. You can catch up on these topics at the following links!

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On the date of publication, William White did not have (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com Publishing Guidelines.

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