Businessman Daniel Lubetzky, who has appeared as a guest investor on Shark Tank many times, has been promoted to a full-time Shark for the upcoming Season 16, TVLine has learned.
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Lubetzky — founder of the companies KIND Snacks, Camino Partners and Builders Movement — will be joined on the panel by fellow Sharks Barbara Corcoran, Lori Greiner, Robert Herjavec, Daymond John, Kevin O'Leary and Mark Cuban. Last November, Cuban revealed his plans to step away from Shark Tank after Season 16 concludes.
"As a guest Shark for the past five seasons, Daniel has earned his spot with the Sharks," Shark Tank executive producer Clay Newbill said in a statement on Wednesday. "He is a self-made founder of a multibillion-dollar company, has all the qualities we look for in a Shark, and possesses an authentic desire to help entrepreneurs grow their businesses. Daniel is a welcome addition to our panel, and we look forward to working with him for many seasons to come."
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