- Olaplex ( NASDAQ: OLPX ) has announced the resignation of COO Tiffany Walden, effective October 18, 2022.
- Walden also steps down as a board member.
- She will now transition to a role as senior advisor to the company for the period of October 18, 2022 to December 31, 2022, unless her employment earlier terminates pursuant to the terms of a new separation agreement.
- The announcement was made in conjunction with the decision to lower full-year financial guidance , which has sent shares tumbling.
- OLPX shares continue to be down around 43% premarket
For further details see:
Olaplex COO Tiffany Walden resigns