The Middleby Corporation logo MIDD - The Middleby Corporation

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| PRICE TARGET: $192.50 DETAILS
HIGH: $205.00
LOW: $175.00
MEDIAN: $195.00
CONSENSUS: $192.50
UPSIDE: 29.99%

About The Middleby Corporation (https://www.middleby.com)

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, 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; 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; tumblers, massagers, grinders, slicers, reduction and emulsion systems, mixers, formers, and 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.

Key Executives

NAME TITLE DOB SALARY
Timothy J. FitzGerald Chief Executive Officer & Director 1970 $987,245 USD
Bryan E. Mittelman Chief Financial Officer 1971 $669,452 USD
Steven Spittle Chief Commercial Officer 1981 $627,275 USD
James K. Pool Chief Technology & Operations Officer 1972 $627,209 USD
Magdy Albert President Food Processing Group 1952 $452,005 USD
Matthew Fuchsen Chief Development Officer 1971 $444,845 USD
Brittany Cerwin CFO & Chief Accounting Officer 1984
Darcy Bretz Director of Corporate Communications
George F. Koether Group President of business operations in Asia
Michael D. Thompson General Counsel & Secretary
Ousama Sidani Vice President of Supply Chain & Group President of Houno A/S 1957
Rebecca Ellin SVP of Investor Strategy & Corporate Development
Robert Fortmann President of Carter-Hoffmann LLC 1960

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