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Welbilt, Inc. (WBT)

NYSE - NYSE Delayed Price. Currency in USD
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23.46-0.03 (-0.13%)
At close: 4:00PM EDT
23.46 0.00 (0.00%)
After hours: 04:19PM EDT

Welbilt, Inc.

2227 Welbilt Boulevard
New Port Richey, FL 34655
United States
727 375 7010

IndustrySpecialty Industrial Machinery
Full Time Employees4,400

Key Executives

NameTitlePayExercisedYear Born
Mr. William C. JohnsonPres, CEO & Director1.71MN/A1963
Mr. Martin D. AgardExec. VP & CFO956.7kN/A1963
Mr. Joel H. Horn Esq.Exec. VP, Gen. Counsel & Corp. Sec.665.65kN/A1968
Ms. Jennifer GudenkaufExec. VP & Chief HR Officer486.32kN/A1973
Mr. Richard N. CaronExec. VP & Chief Innovation Officer644.49kN/A1957
Ms. Kimberly A. PerezVP & Chief Accounting OfficerN/AN/A1968
Mr. Richard J. ShefferVP of Investor Relations & Risk Management and TreasurerN/AN/A1963
Mr. Dennis BallVP of Bus. Devel.N/AN/AN/A
Mr. C. T. YeoExec. VP of APAC RegionN/AN/AN/A
Mr. Philip Dei DoloriGlobal VP & MD of EMEA and APACN/AN/A1959
Amounts are as of December 31, 2020 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.


Welbilt, Inc., designs, manufactures, and supplies foodservice equipment for commercial foodservice market worldwide. The company offers commercial upright and undercounter refrigerators and freezers, blast freezers and chillers, and cook-chill systems under the Delfield brand; and walk-in refrigerators, coolers and freezers, and prefabricated cooler and freezer panels under the Kolpak brand. It also provides traditional, combination, convection, conveyor, and rapid-cooking ovens, and range and grill products under the Convotherm, Garland, Lincoln, and Merrychef brands; fryers and frying systems under the Frymaster brand; and steam equipment under the Cleveland brand. In addition, the company offers cafeteria and buffet equipment stations, bins, boxes, warming cabinets, warmers, display and deli cases, and insulated and refrigerated salad and food bars under the Delfield, Merco, and other brand names; beverage dispensers, blended ice machines, ice/beverage dispensers, beer coolers, post-mix dispensing valves, backroom equipment, and support system components and related equipment; ice machines under the Manitowoc and other brand names; coffee equipment under the Crem brand name; and other beverage-related products under the Multiplex and Manitowoc brand names. Further, it provides after-market parts, and installation and start-up, and preventative maintenance services; spare parts supply for Welbilt products under the KitchenCare brand; designed kitchens under FitKitchen brand; and KitchenConnect, a cloud based-application. It supplies its products to full-service restaurants, quick-service restaurant chains, hotels, resorts, cruise ships, caterers, supermarkets, convenience stores, hospitals, schools, and other institutions through dealers and distributors. The company was formerly known as Manitowoc Foodservice, Inc. and changed its name to Welbilt, Inc. in February 2017. Welbilt, Inc. was founded in 1864 and is headquartered in New Port Richey, Florida.

Corporate Governance

Welbilt, Inc.’s ISS Governance QualityScore as of July 1, 2021 is 3. The pillar scores are Audit: 10; Board: 1; Shareholder Rights: 1; Compensation: 8.

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.