MIDD - The Middleby Corporation

NasdaqGS - NasdaqGS Real Time Price. Currency in USD

The Middleby Corporation

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

SectorIndustrial Goods
IndustryDiversified Machinery
Full Time Employees8,026

Key Executives

NameTitlePayExercisedAge
Mr. Selim A. BassoulChairman, CEO & Pres4.54MN/A60
Mr. Timothy J. FitzGeraldCFO, Principal Accounting Officer, VP, CFO of Middleby Marshall Inc and VP of Middleby Marshall Inc3.08MN/A47
Mr. David BrewerChief Operating Officer of Commercial Foodservice1.21MN/A60
Mr. Martin M. LindsayCorp. Treasurer & Asst. Sec.447.56kN/A52
Mr. Paul AngrickExec. VP of Bus. Devel. and Pres of Pitco Frialator DivisionN/AN/A60
Amounts are as of December 31, 2016 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 commercial 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 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, charbroilers, ventless cooking systems, kitchen ventilation, induction cooking equipment, countertop cooking equipment, toasters, professional refrigerators, blast chillers, coldrooms, ice machines, freezers, and beverage dispensing equipment. The company’s Food Processing Equipment Group segment offers processing solutions for customers producing hot dogs, dinner sausages, poultry, and lunchmeats, as well as muffins, cookies, and bread. 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, water cutting systems, food presses, and forming equipment; and various food safety, food handling, freezing, and packaging equipment. Its Residential Kitchen Equipment Group segment manufactures, sells, and distributes kitchen equipment comprising ranges, cookers, stoves, ovens, refrigerators, dishwashers, microwaves, cooktops, wine coolers, ice machines, and ventilation and outdoor equipment for the residential market. 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.

Corporate Governance

The Middleby Corporation’s ISS Governance QualityScore as of December 1, 2017 is 2. The pillar scores are Audit: 1; Board: 7; Shareholder Rights: 2; Compensation: 4.

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.