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The Middleby Corporation (MIDD)

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174.32+4.19 (+2.46%)
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The Middleby Corporation

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

Sector(s)Industrials
IndustrySpecialty Industrial Machinery
Full Time Employees9,289

Key Executives

NameTitlePayExercisedYear Born
Mr. Timothy J. FitzGeraldCEO & Director982.18kN/A1970
Mr. Bryan E. MittelmanChief Financial Officer431.04kN/A1971
Mr. Martin M. LindsayTreasurer, Sec. and Chief Risk & Admin. Officer356.18kN/A1965
Mr. James K. Pool IIIChief Technology & Operations OfficerN/AN/A1972
Mr. Partha BiswasDivision Pres of Middleby India & Global Chief Information OfficerN/AN/AN/A
Darcy BretzDirector of Corp. CommunicationsN/AN/AN/A
Mr. Selim A. BassoulConsultantN/AN/A1957
Mr. David AbiPres of CookTek and Pres of Carter-Hoffmann, Doyon & Nu-VuN/AN/AN/A
Mr. Steve SpittleChief Commercial OfficerN/AN/AN/A
Mr. George F. KoetherGroup Pres of business operations in AsiaN/AN/AN/A
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.

Description

The Middleby Corporation designs, manufactures, markets, distributes, and services a range of foodservice, food processing, and residential kitchen equipment in the United States, Canada, Asia, Europe, the Middle East, and Latin America. Its Commercial Foodservice Equipment Group segment offers conveyor, combi, convection, baking, proofing, deck, speed cooking, and hydrovection ovens; ranges, fryers, rethermalizers; steam cooking, food warming, catering, induction cooking, countertop cooking, and kitchen ventilation equipment; heated cabinets, charbroilers, ventless cooking systems, toasters, griddles, charcoal grills, professional mixers, stainless steel fabrication, custom millwork, professional refrigerators, blast chillers, cold rooms, ice machines, freezers; and soft serve ice cream, coffee and beverage dispensing, home and professional craft brewing equipment, fry dispensers, bottle filling and canning equipment, and IoT solutions. The company's Food Processing Equipment Group segment provides batch, baking, proofing, conveyor belt, and continuous processing ovens; frying and automated thermal processing systems; grinders, slicers, reduction and emulsion systems, mixers, blenders; battering, breading, and seeding equipment; water cutting systems, food presses, food suspension equipment, filling and depositing solutions, and forming equipment; and food safety, food handling, freezing, and defrosting and packaging equipment for customers producing hot dog, dinner sausage, poultry, and lunchmeat, as well as muffin, cookie, and bread products. Its Residential Kitchen Equipment Group segment offers kitchen equipment comprising cookers, stoves, dishwashers, microwaves, cooktops, wine coolers, ice machines, and ventilation and outdoor 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 30, 2021 is 6. The pillar scores are Audit: 1; Board: 7; Shareholder Rights: 2; Compensation: 10.

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.