Tupperware appoints Douglas Lane as vice president of investor relations and strategy
ORLANDO, Florida., September 6, 2022 /PRNewswire/ — Tupperware Brands Corporation (NYSE:TUP), one of the world’s leading consumer products companies, today announced that Douglas Lane has joined the company as Vice President of Investor Relations and strategy, starting today.
Douglas joins with over 30 years of investor relations experience having followed branded consumer goods companies as a sell-side equity research analyst, specializing in the industry of direct selling.
Most recently, Douglas was Founder, Principal and Director of Research for Lane Research LLC, an independent provider of equity research for institutional investors. Launched in 2016, coverage launched on major direct selling brands including Tupperware, Avon, Herbalife and Nu Skin. Lane Research was Starmine’s top stock picker and second earnings estimator in 2019 for personal products.
“We are thrilled to have Douglas join us as we begin to see our omnichannel strategy come to life as a key part of 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 consumer side of our business, and we believe his leadership in this area will be critical to creating value. for the shareholders.”
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. Prior to 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 working with the management team and Board of Directors to articulate the company’s strategic direction, including capital allocation, business expansion into new channels and categories, and setting total shareholder value targets.
About Tupperware Brands Corporation
Tupperware Brands Corporation (NYSE: SHEEP) is a global consumer products leader that designs innovative, functional and eco-friendly products that people love and trust. Founded in 1946, Tupperware’s signature box created the modern food storage category that revolutionized the way the world stores, serves and prepares food. Today, this iconic brand has over 8,500 functional and utility design patents for solution-oriented kitchen and home products. In an effort to foster a better future, Tupperware® products are an alternative to single-use items. The company distributes its products in nearly 70 countries mainly through independent representatives worldwide. For more information, visit Tupperwarebrands.com or follow Tupperware on Facebook, instagram, LinkedIn and Twitter.
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SOURCE Tupperware Brands Corporation