Tupperware Brands (TUP) Announces Resignation of SVP and Chief Accounting Officer Madeline Otero

September 18, 2023 5:26 PM EDT

On September 12, 2023, Madeline Otero, Senior Vice President & Chief Accounting Officer of Tupperware Brands (NYSE: TUP), informed the Company of her intention to resign from her position, effective following the filing of the Company’s Form 10-K, expected by mid-October 2023. Ms. Otero’s decision to resign from the Company was not due to any disagreement with the Company, its management or the Board of Directors on any matter relating to the Company’s operations, policies or practices. The Company is in the process of engaging a consultant to provide coverage of the accounting function and to work closely with Ms. Otero to ensure a smooth transition of her responsibilities. Following Ms. Otero’s departure and until her successor is appointed, Mariela Matute, Chief Financial Officer, will serve also as the Company’s principal accounting officer. The Company thanks Ms. Otero for her 23 years of service.

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