Tupperware has named Douglas Lane as the company’s Vice President of Investor Relations and Strategy.
Lane brings more than three decades of experience in investor relations with a specialization in the direct selling industry. In this new role, he will lead the company’s business strategy, interface with the investment community and work in tandem with the company’s leadership team and board of directors to determine capital allocation, business expansion and total shareholder value target setting.
“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, Tupperware Chief Executive Officer. “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.”