NasdaqGS:MIDDMachinery
Middleby CFO Change And Spin Off Plans Highlight Valuation Gap
Middleby has appointed Brittany Cerwin as its new Chief Financial Officer to lead the finance function during a major portfolio transformation.
Outgoing CFO Bryan Mittelman will transition to a Special Advisor role and focus on the planned spin off of Middleby’s Food Processing business.
The leadership change comes as Middleby prepares to position itself as a more focused commercial foodservice company.
For investors watching NasdaqGS:MIDD, this leadership shift lands after a challenging...