ORLANDO, Fla., May 4, 2022 /PRNewswire/ --
Tupperware Brands Corporation (NYSE: TUP), a leading global
consumer products company, announced today that effective
May 24, 2022, Mariela Matute will become the new Chief
Financial Officer (CFO) of the company.
Matute will join Tupperware with more than 20 years in various
finance roles spanning the technology, consumer and manufacturing
sectors. She is currently serving as CFO of Calavo Growers (NASDAQ:
CVGW), a publicly-traded global leader in avocado distribution and
fresh foods processing, serving retail grocery, foodservice, club
stores, mass merchandisers, food distributors and wholesalers
worldwide. While at Calavo, Matute has helped to drive the
transformation and turnaround of the 100-year old company through
her role in leading accounting, financial planning and analysis
(FP&A), investor relations, treasury, information technology,
internal audit and legal. She was responsible for initiatives
including the restructuring of the company's debt; the
implementation of a new ERP system to modernize the company's
legacy infrastructure; and the acceleration of a more data-driven
decision-making process across the organization. Prior to Calavo,
Matute was CFO of Amazon Business, which focuses on
business-to-business online procurement. In that role, she managed
teams across financial planning, pricing analytics, data science,
and risk management, and was instrumental in enabling the business
unit to achieve its three-year financial plan, including sales and
profit targets. Prior roles include finance leadership positions at
Driscoll's Inc., The Chia Co., Henkel and Proctor & Gamble,
where she led global finance organizations across North America, South
America, Europe and
Asia.
"We welcome Mariela to the team as a critical player in our
Turnaround Plan to help us restore our iconic brand to growth,"
said Miguel Fernandez, President
& Chief Executive Officer of Tupperware Brands. "Our goal is to
build a business that is as big as our brand, delivering value to
all of our stakeholders and enabling more consumers than ever
before to access our loved and trusted products. Mariela's deep
financial acumen will be a significant benefit to us as we execute
on our strategy and look to optimize revenue, margin and market
share opportunities. I am confident she will help us to accelerate
the pace of change as we transform our business model into one that
serves all channels where consumers want to shop the Tupperware
brand."
As CFO of Tupperware Brands, Matute will be part of Tupperware's
executive team, helping to develop omnichannel business strategies
alongside the company's commercial leaders. She will be responsible
for strategically leading and managing all aspects of the company's
global finance function including finance and accounting, FP&A,
financial reporting, investor relations, tax and government
affairs, treasury, audit and enterprise risk management and
geographic finance organizations. Matute will assume the position
of CFO from Sandra Harris, who has
been dually serving as both Chief Financial Officer and Chief
Operating Officer.
"I was immediately drawn to the monumental change that
Tupperware is undergoing," said Matute. "To be a part of a business
transformation of this magnitude is an honor, and I look forward to
joining the team. I am confident in our ability to execute on our
strategic plan in order to achieve sustained growth and
profitability."
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: Alexis Callahan,
alexiscallahan@tupperware.com 321.588.5129
Media: Cameron Klaus, cameronklaus@tupperware.com,
407.371.9784
View original content to download
multimedia:https://www.prnewswire.com/news-releases/tupperware-names-mariela-matute-as-new-chief-financial-officer-301539413.html
SOURCE Tupperware Brands Corporation