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The latest announcement is out from European Wax Center ( (EWCZ) ).
Andrea Wasserman has stepped down as Chief Commercial Officer, and she has reached a separation agreement with EWC Ventures, LLC, ensuring she will continue to receive her base salary for a year, a potential pro-rata bonus for 2024, and health coverage payments for up to a year post-departure, provided she adheres to the agreement’s terms. This executive change could impact the company’s strategy and investor sentiment.
For a thorough assessment of EWCZ stock, go to TipRanks’ Stock Analysis page.