Top Companies Report

22. Tupperware

July 11, 2011

Orlando, FL

407.826.5050

www.tupperwarebrands.com

Sales: $737 million


Sales:

$737 million for cosmetics. Corporate sales: $2.3 billion. Net income: $300 million for the year ended Dec. 26, 2010.


Key Personnel:

Rick Goings, chairman and chief executive officer; Simon Hemus, president and chief operating officer; Robert Wagner, vice president and chief technology officer; Timothy Kulhanek, vice president, internal audit and enterprise risk management; Michael Poteshman, executive vice president and chief financial officer; Edward Davis III, vice president and treasurer; Thomas Roehik, executive vice president, chief legal officer and secretary; Jose Timmerman, executive vice president, supply chain, worldwide; William Wright, senior vice president, global product marketing.


Major Products:

Beauty and personal care products including Armand Dupree, Avroy Shlain, BeautiControl, Fuller, NaturCare, Nutrimetics, Nuvo and Swissgarde.


New Products:

BeautiControl Tropical Getaway (limited edition), BeautiControl Extreme Blue for Men, BeautiControl Tinted Lip Balm SPF 20, Nutrimetics Anti-Wrinkle Retinol Serum, Nutrimetics Bright & Beautiful Serum.


Comments:

Tupperware, founded by Earl Tupper back in 1946, is celebrating its 65th anniversary this year. For the full year, corporate sales stayed almost flat at $2.3 billion. However, beauty care sales slipped 5%. Net income was $300 million for the year ended Dec. 26, 2010.


Group sales grew 6% in local currency, with the beauty brand segments up 6% in local currency, the company said. Beauty North America’s sales were $406.0 million and “Beauty Other” recorded sales of $331.0 million.


In early 2011, Tupperware Brands’ chairman and CEO Rick Goings was named a Knight in the French Legion of Honor. He was awarded this honor by Marie-France de Chabaneix, président d’honneur of Nutrimetics, France at a ceremony held in Paris at the residence of Charles H. Rivkin, US Ambassador to France and Monaco.


French President Nicolas Sarkozy has extended the distinction of Knight to Goings for his service to and support of women and disadvantaged children. Initiated by Napoleon Bonaparte in 1802, the Legion of Honor is the highest award presented to non-French citizens in recognition of military, cultural, scientific, or social contributions to France.


“It is truly an honor to receive the distinction of Knight,” said Goings. “For nearly 20 years, I have been committed to Tupperware’s vision to enlightening, educating, and empowering women by offering a path defined not only by monetary gain, but by the desire to improve her quality of life and that of those around her. We provide her with the foundation she needs to build a better life.”


More honors went Goings way in May, when he was elected chairman of Business Executives for National Security (BENS), a non-partisan organization that supports the US government by applying pro bono best business practice solutions to its most intractable national security challenges.


Goings has been a BENS member since 2002 and a member of the Executive Committee since 2009. He was recently part of a joint delegation between BENS and the US Department of Defense Task Force for Business and Stability Operations (TFBSO) that visited Iraq to learn more about local businesswomen, the challenges they face in Iraq’s fast-growing economy, and the potential business and investment opportunities in the country. The delegation was the first of its kind to visit Iraq solely for the purpose of studying women’s issues.


“I’m honored to expand my role at BENS and work even more closely with the board and membership to apply best practices from Corporate America against the national security challenges we face today, both here and abroad,” said Goings.

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