Trump Signals Push for Lower Health Insurance Prices as ACA Premium Concerns Grow 
AstraZeneca’s LATIFY Phase III Trial of Ceralasertib Misses Primary Endpoint in Lung Cancer Study 
U.S. Lawmakers Urge Pentagon to Blacklist More Chinese Tech Firms Over Military Ties 
JPMorgan’s Top Large-Cap Pharma Stocks to Watch in 2026 
California Regulator Probes Waymo Robotaxi Stalls During San Francisco Power Outage 
FTC Praises Instacart for Ending AI Pricing Tests After $60M Settlement 
Novo Nordisk Stock Surges After FDA Approves Wegovy Pill for Weight Loss 
FedEx Beats Q2 Earnings Expectations, Raises Full-Year Outlook Despite Stock Dip 
Dina Powell McCormick Resigns From Meta Board After Eight Months, May Take Advisory Role 
ByteDance Plans Massive AI Investment in 2026 to Close Gap With U.S. Tech Giants 
John Carreyrou Sues Major AI Firms Over Alleged Copyrighted Book Use in AI Training 
7-Eleven CEO Joe DePinto to Retire After Two Decades at the Helm 
Trump Administration Reviews Nvidia H200 Chip Sales to China, Marking Major Shift in U.S. AI Export Policy 
Boeing Seeks FAA Emissions Waiver to Continue 777F Freighter Sales Amid Strong Cargo Demand 
Uber and Baidu Partner to Test Robotaxis in the UK, Marking a New Milestone for Autonomous Ride-Hailing 
Saks Global Weighs Chapter 11 Bankruptcy Amid Debt Pressures and Luxury Retail Slowdown 
FDA Fast-Tracks Approval of Altria’s on! PLUS Nicotine Pouches Under New Pilot Program 
Tupperware Brands Corporation announced the appointment of Laurie Ann Goldman as its new chief executive officer on Wednesday, leading to a 12% increase in its share price.
CNN Business reported that the 60-year-old new Tupperware CEO will take over immediately. She will replace Miguel Fernandez, who joined the company in April 2020. Before her new appointment, she worked in the same position at Spanx Inc., an underwear manufacturing company, for 12 years.
Goldman also served as CEO of Avon North America for a year - from August 2018 to August 2019. Her most recent role before moving to Tupperware was head of OVME Aesthetics.
Executive Shake-up at Tupperware and Turnaround Attempt
Aside from Goldman, the Florida-based maker of plastic kitchen containers and utensils also named three new directors to its board. These changes are part of the company's attempt to stay afloat.
The new executives are now expected to help Tupperware with its turnaround plan. The reorganization within the firm started in October when it announced a massive shift in its business model, such as selling its goods through Target stores across the United States.
This is a big change since the company is known to sell its products via its website or in-home "Tupperware parties" only. It may have collaborations with leading retailers like Bed Bath and Beyond and HomeGoods, but the arrangements were always for a short time and very limited.
Share Price Surges Following New CEO Announcement
As per CNBC, the share price of Tupperware soared by 12% after the announcement of CEO replacement. Investors cheered on Goldman's takeover since the new leadership may help the company overcome its struggles.
"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," Tupperware's Board of Directors chairman, Susan Cameron, said in a press release. "Laurie Ann is a trusted and growth-oriented leader with extensive management experience in the consumer goods industry."
She added, "We are confident that Laurie Ann's proven history of motivating global sales teams, along with her strong operational and financial capabilities, will empower our teams and accelerate our efforts to guide Tupperware to sustainable, long-term growth."
Photo by: Jorge Franganillo/Unsplash
