Shark Tank Promotes Daniel Lubetzky to Full-Time Panelist for Season 16

A new fin has surfaced from underneath the Shark Tank waters.

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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.

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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Shark Tank returns for Season 16 on Friday, Oct. 18, at 8/7c on ABC. This cycle’s guest Sharks will include Raising Cane’s owner Todd Graves; IT Cosmetics co-founder Jamie Kern Lima; venture capitalist Rashaun Williams; and lifestyle brand founder Kendra Scott, who has previously appeared on Seasons 12 and 14 of the series.

How do you feel about Lubetzky coming aboard full-time, Shark Tank fans? Tell us below!

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