ORLANDO,
Fla., Sept. 6, 2022 /PRNewswire/ -- Tupperware
Brands Corporation (NYSE: TUP), a leading global consumer
products company, announced today that Douglas Lane has
joined the Company as Vice President of Investor Relations and
Strategy, effective today.
Douglas joins with more than 30 years of experience in the
investor relations space following branded consumer product
consumer companies as a sell-side equity research analyst, with a
specialization in the direct selling industry.
Most recently, Douglas served as Founder, Principal and Director
of Research for Lane Research LLC, a boutique Independent Equity
Research Provider to Institutional Investors. Launched in 2016,
coverage launched on major direct selling brands, including
Tupperware, Avon, Herbalife and Nu Skin. Lane Research was
Starmine's #1 stock picker and #2 earnings estimator in 2019 for
Personal Products.
"We are pleased to have Douglas join us as we begin to see our
omnichannel strategy come to life as a key component to our
turnaround strategy," said Miguel
Fernandez, CEO of Tupperware. "Given his knowledge and
experience in the industry, we know he understands both the direct
selling and the consumer side of our business, and we feel that his
leadership in this area will be critical to delivering shareholder
value."
Prior to Lane Research, Douglas co-founded Kristin Lane Agency
LLC, a brand marketing agency, where he achieved several impressive
accomplishments such as coordinating a partnership between Carnival
Cruise Line and the NFL. Before that, Douglas served as a Managing
Director at Jefferies & Company, Inc. where he led consumer
products equity research efforts.
As Vice President of Internal Relations and Strategy for
Tupperware, Douglas will lead the development of the company's
business strategy and interface with the investment community.
Additionally, Douglas is responsible for collaborating with the
executive leadership team and Board of Directors to articulate the
strategic direction of the Company, including capital allocation,
business expansion into new channels and categories, and total
shareholder value target setting.
About Tupperware Brands
Corporation
Tupperware Brands Corporation (NYSE: TUP) is a leading
global consumer products company that designs innovative,
functional and environmentally responsible products that people
love and trust. Founded in 1946, Tupperware's signature container
created the modern food storage category that revolutionized the
way the world stores, serves and prepares food. Today, this iconic
brand has more than 8,500 functional design and utility patents for
solution-oriented kitchen and home products. With a purpose to
nurture a better future, Tupperware® products are an alternative to
single-use items. The company distributes its products into nearly
70 countries primarily through independent representatives around
the world. For more information, visit Tupperwarebrands.com or
follow Tupperware
on Facebook, Instagram, LinkedIn and Twitter.
Investors: Douglas
Lane, douglaslane@tupperware.com
Media: Cameron Klaus, cameronklaus@tupperware.com,
407.371.9784
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SOURCE Tupperware Brands Corporation