ORLANDO, Fla., Feb. 21, 2018 /PRNewswire/ -- Tupperware Brands
Corporation (NYSE: TUP), executing on its planned succession
process, announced today that its Board of Directors elected
Patricia (Tricia) A. Stitzel to the
position of President & Chief Executive Officer and nominated
her for election to the Company's Board of Directors, effective
May 9, 2018. E.V. (Rick) Goings will serve as Executive Chairman
and focus on the successful transition and leadership of the
Company's purpose-centered initiatives.
Stitzel has served as the Company's President & Chief
Operating Officer since October 2016.
Prior to this role, she served as Group President, Americas, and in
leadership positions of increasing responsibility in Europe and the
United States since joining the Company in 1997. Goings has
led the Company since 1992 and has served as its Chairman and Chief
Executive Officer since 1997.
Commenting on her new role, Stitzel said, "I am grateful to the
Board of Directors for its trust and confidence, and I am excited
to lead this great Company into the future, supporting our
important global purpose and executing on our strategic growth
initiatives. With our high-quality and innovative products,
dedicated sales force of over 3 million people and experienced
global leadership team, we are poised to build upon our strong
foundation in capitalizing on new and exciting growth
opportunities. I thank Rick for his leadership, mentorship and
friendship and look forward to his guidance as Executive Chairman
through the transition."
Kriss Cloninger III, the
Company's presiding director of its Board of Directors, said, "The
Board is delighted to elevate an executive of Tricia's caliber to
serve as President & Chief Executive Officer, as we have great
confidence in her 20-year proven track record of success in
building high performance teams and delivering sales and profit
growth. The Board is also grateful to Rick for his strong
leadership and tireless commitment and is pleased that he will
continue to play a key transitional role as Executive Chairman.
Rick established Tupperware as a free-standing, publicly-traded
company in 1996, modernizing product offerings and expanding its
portfolio. His more than twenty-five years of leadership has
transformed Tupperware into an international brand that provides
life-changing opportunities for its global sales force."
Goings said, "It has been a true honor to lead Tupperware Brands
and I am proud of what we have accomplished for our stakeholders,
especially for the women and men around the world who are part of
our sales force. I look forward to transitioning the role to
Tricia, who has demonstrated strong leadership abilities for the
current and future needs of the Company. As Group President,
Americas, she led this critical portfolio to new and impressive
levels of growth. She is the right person to lead Tupperware Brands
into the next era, reinforcing Tupperware's purpose of empowering
women through economic opportunity."
About Tupperware Brands:
Tupperware Brands Corporation, through an independent
sales force of 3.2 million, is the leading global marketer of
innovative, premium products across multiple brands utilizing
social selling. Product brands and categories include
design-centric preparation, storage and serving solutions for the
kitchen and home through the Tupperware brand and beauty and
personal care products through the Avroy Shlain, Fuller Cosmetics,
NaturCare, Nutrimetics and Nuvo brands.
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SOURCE Tupperware Brands Corporation