<p>Tupperware Brands' CFO Mariela Matute will step down from her role effective July 31, the company said on Thursday, months after it flagged a liquidity crunch at the food storage container maker.</p><p>Matute, who had previously served as the CFO of consumer goods and farm products company Calavo Growers, was in the role at Tupperware for a little over two years. Tupperware did not disclose who would succeed Matute.</p><p>In March, the iconic brand warned it was not certain its business could continue as a going concern and faced a liquidity crunch due to slumping demand for its products.</p>.Estee Lauder says CFO Travis to depart after 12 years.<p>Founded in 1946 by chemist Earl Tupper, the company's popularity exploded in the 1950s as women of the post-war generation held "Tupperware parties" at their homes to sell food storage containers as they sought empowerment and independence.</p><p>The Covid-19 pandemic provided a boost in sales from families who sheltered at home, cooked more and produced lots of leftovers. Sales have, however, declined in recent quarters as the world re-opened.</p>
<p>Tupperware Brands' CFO Mariela Matute will step down from her role effective July 31, the company said on Thursday, months after it flagged a liquidity crunch at the food storage container maker.</p><p>Matute, who had previously served as the CFO of consumer goods and farm products company Calavo Growers, was in the role at Tupperware for a little over two years. Tupperware did not disclose who would succeed Matute.</p><p>In March, the iconic brand warned it was not certain its business could continue as a going concern and faced a liquidity crunch due to slumping demand for its products.</p>.Estee Lauder says CFO Travis to depart after 12 years.<p>Founded in 1946 by chemist Earl Tupper, the company's popularity exploded in the 1950s as women of the post-war generation held "Tupperware parties" at their homes to sell food storage containers as they sought empowerment and independence.</p><p>The Covid-19 pandemic provided a boost in sales from families who sheltered at home, cooked more and produced lots of leftovers. Sales have, however, declined in recent quarters as the world re-opened.</p>