The Middleby Corporation (MIDD)

141.93 -0.67 (-0.47%) At close: 04:00PM EDT

The Middleby Corporation

1400 Toastmaster Drive
Elgin, IL 60120
United States
847 741 3300
https://www.middleby.com

Sector(s): Industrials
Industry: Specialty Industrial Machinery
Full Time Employees: 10,722

Key Executives

Name	Title	Pay	Exercised	Year Born
Mr. Timothy J. FitzGerald	CEO & Director	2.29M	N/A	1970
Mr. Bryan E. Mittelman	Chief Financial Officer	1.24M	N/A	1971
Mr. James K. Pool III	Chief Technology & Operations Officer	1.35M	N/A	1972
Mr. Steven P. Spittle	Chief Commercial Officer	1.36M	N/A	1981
Mr. Matthew Fuchsen	Chief Development Officer	950.23k	N/A	1971
Ms. Brittany Cerwin	Chief Accounting Officer	N/A	N/A	N/A
Mr. Partha Biswas	Division President of Middleby India & Global Chief Information Officer	N/A	N/A	N/A
Mr. Michael D. Thompson	General Counsel & Secretary	N/A	N/A	N/A
Darcy Bretz	Director of Corporate Communications	N/A	N/A	N/A
Mr. George F. Koether	Group President of business operations in Asia	N/A	N/A	N/A

Amounts are as of December 31, 2023 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

The Middleby Corporation designs, markets, manufactures, distributes, and services foodservice, food processing, and residential kitchen equipment worldwide. Its Commercial Foodservice Equipment Group segment offers conveyor, combi, convection, baking, proofing, deck, speed cooking, and hydrovection ovens; ranges, fryers, and rethermalizers; steam cooking, food warming, catering, induction cooking, and countertop cooking equipment; heated cabinets, charbroilers, ventless cooking systems, kitchen ventilation, toasters, griddles, charcoal grills, professional mixers, stainless steel fabrication, custom millwork, professional refrigerators, blast chillers, cold rooms, ice machines, and freezers; soft serve ice cream, coffee and beverage dispensing, home and professional craft brewing equipment; and fry dispensers, bottle filling and canning equipment, IoT solutions, and controls development and manufacturing. The company's Food Processing Equipment Group segment provides batch, baking, proofing, conveyor belt, and continuous processing ovens; frying and automated thermal processing systems; tumblers, massagers, grinders, slicers, reduction and emulsion systems, mixers, and blenders; battering, breading, and seeding equipment; water cutting systems, food presses, food suspension equipment, filling and depositing solutions, and forming equipment; and automated washing systems, auto-guided vehicles, food safety, food handling, freezing, and defrosting and packaging equipment. Its Residential Kitchen Equipment Group segment offers kitchen equipment comprising cookers, stoves, cooktops, microwaves, ovens, refrigerators, dishwashers, undercounter refrigeration, wine cellars, ice machines, beer dispensers, mixers, rotisseries, and ventilation and outdoor cooking equipment. The company was formerly known as Middleby Marshall Oven Company and changed its name to The Middleby Corporation in 1985. The company was founded in 1888 and is based in Elgin, Illinois.

Corporate Governance

The Middleby Corporation’s ISS Governance QualityScore as of April 1, 2024 is 1. The pillar scores are Audit: 2; Board: 3; Shareholder Rights: 1; Compensation: 2.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.