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Middleby Corp. (MIDD)

87.56 Up 0.01(0.01%) 4:00PM EDT
|After Hours : 87.56 0.00 (0.00%) 4:27PM EDT
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Middleby Corp.
1400 Toastmaster Drive
Elgin, IL 60120
United States - Map
Phone: 847-741-3300
Fax: 847-741-0015

Index Membership:N/A
Sector:Industrial Goods
Industry:Diversified Machinery
Full Time Employees:4,491

Business Summary 

The Middleby Corporation designs, manufactures, markets, distributes, and services commercial foodservice and food processing, and residential kitchen equipment in the United States, Canada, Asia, Europe, the Middle East, and Latin America. The company’s Commercial Foodservice Equipment Group segment offers cooking and warming equipment for quick-service restaurants, full-service restaurants, convenience stores, retail outlets, hotels, and other institutions. This segment provides conveyor, combi, convection, baking, proofing, deck, speed cooking, and hydrovection ovens; and ranges, fryers, rethermalizers, steam cooking equipment, warming equipment, heated cabinets, charbroliers, ventless cooking systems, kitchen ventilation, induction cooking equipment, countertop cooking equipment, toasters, professional refrigerators, coldrooms, ice machines, freezers, and beverage equipment. The company’s Food Processing Equipment Group segment offers processing solutions for customers producing pre-cooked meat products. This segment offers batch, baking, proofing, conveyor, and continuous processing ovens; frying systems and automated thermal processing systems; grinders, slicers, emulsifiers, mixers, blenders, battering and breading equipment, food presses, and forming equipment; and various food safety, food handling, freezing, and packaging equipment. The Middleby Corporation’s Residential Kitchen Equipment Group segment manufactures, sells, and distributes kitchen equipment for the residential market. This segment’s product line includes ranges, ovens, refrigerators, dishwashers, microwaves, cooktops, and outdoor equipment. The company was formerly known as Middleby Marshall Oven Company and changed its name to The Middleby Corporation in 1985. The Middleby Corporation was founded in 1888 and is based in Elgin, Illinois.

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Corporate Governance 
Middleby Corp.’s ISS Governance QuickScore as of Aug 1, 2014 is 6. The pillar scores are Audit: 1; Board: 8; Shareholder Rights: 1; Compensation: 10.
Brought to you by Institutional Shareholder Services (ISS)

Key Executives 
Mr. Selim A. Bassoul , 57
Chairman, Chief Exec. Officer, Pres, Chairman of Middleby Marshall Inc, Chief Exec. Officer of Middleby Marshall Inc and Pres of Middleby Marshall Inc
Mr. Timothy J. FitzGerald , 46
Chief Financial Officer, Principal Accounting Officer, VP, Chief Financial Officer of Middleby Marshall Inc and VP of Middleby Marshall Inc
Mr. David Brewer , 57
Chief Operating Officer
Mr. Martin M. Lindsay , 49
Corp. Treasurer, Assistant Sec. and Corp. Treasurer of Middleby Marshall Inc
Mr. Magdy Albert , 62
Group Pres of Operations
Amounts are as of Dec 31, 2013 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.
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