Middleby Management
Management criteria checks 3/4
We currently do not have sufficient information about the CEO.
Key information
Tim FitzGerald
Chief executive officer
US$8.4m
Total compensation
| CEO salary percentage | 11.6% |
| CEO tenure | 6yrs |
| CEO ownership | 0.7% |
| Management average tenure | 4yrs |
| Board average tenure | 7.8yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 28 2024 | n/a | n/a | US$392m |
| Jun 29 2024 | n/a | n/a | US$387m |
| Mar 30 2024 | n/a | n/a | US$388m |
| Dec 30 2023 | US$8m | US$975k | US$401m |
| Sep 30 2023 | n/a | n/a | US$458m |
| Jul 01 2023 | n/a | n/a | US$454m |
| Apr 01 2023 | n/a | n/a | US$450m |
| Dec 31 2022 | US$9m | US$975k | US$437m |
| Oct 01 2022 | n/a | n/a | US$406m |
| Jul 02 2022 | n/a | n/a | US$478m |
| Apr 02 2022 | n/a | n/a | US$485m |
| Jan 01 2022 | US$9m | US$975k | US$488m |
| Oct 02 2021 | n/a | n/a | US$438m |
| Jul 03 2021 | n/a | n/a | US$322m |
| Apr 03 2021 | n/a | n/a | US$223m |
| Jan 02 2021 | US$5m | US$975k | US$207m |
| Sep 26 2020 | n/a | n/a | US$264m |
| Jun 27 2020 | n/a | n/a | US$286m |
| Mar 28 2020 | n/a | n/a | US$357m |
| Dec 28 2019 | US$7m | US$975k | US$352m |
| Sep 28 2019 | n/a | n/a | US$338m |
| Jun 29 2019 | n/a | n/a | US$329m |
| Mar 30 2019 | n/a | n/a | US$321m |
| Dec 29 2018 | US$4m | US$850k | US$317m |
Compensation vs Market: Tim's total compensation ($USD8.43M) is above average for companies of similar size in the German market ($USD3.17M).
Compensation vs Earnings: Tim's compensation has been consistent with company performance over the past year.
CEO
Tim FitzGerald (54 yo)
6yrs
Tenure
US$8,434,879
Compensation
Mr. Timothy J. FitzGerald, also known as Tim, has been Chief Executive Officer and Director since February 16, 2019 and served as the Chief Financial Officer of The Middleby Corporation (formerly known as...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 6yrs | US$8.43m | 0.74% € 65.5m | |
| Chief Financial Officer | 6yrs | US$2.99m | 0.056% € 5.0m | |
| Chief Technology & Operations Officer | 4yrs | US$3.75m | 0.067% € 5.9m | |
| Chief Commercial Officer | 4yrs | US$3.75m | 0.063% € 5.6m | |
| Chief Development Officer | 1.8yrs | US$2.31m | 0.057% € 5.1m | |
| Chief Accounting Officer | 1.8yrs | no data | 0.025% € 2.2m | |
| Global Chief Information Officer | no data | no data | no data | |
| General Counsel & Secretary | no data | no data | no data | |
| Director of Corporate Communications | no data | no data | no data | |
| Group President of business operations in Asia | 4yrs | no data | no data | |
| President Food Processing Group | no data | US$583.49k | no data | |
| VP of Supply Chain & Group President of Houno A/S | 16.1yrs | no data | no data |
4.0yrs
Average Tenure
53yo
Average Age
Experienced Management: MBY's management team is considered experienced (4 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 6yrs | US$8.43m | 0.74% € 65.5m | |
| Independent Chairman of the Board | 19.8yrs | US$288.09k | 0.074% € 6.6m | |
| Independent Director | 47.1yrs | US$288.09k | 0.018% € 1.6m | |
| Independent Director | 9.3yrs | US$288.09k | 0.014% € 1.2m | |
| Independent Director | 11.3yrs | US$288.09k | 0.010% € 903.2k | |
| Independent Director | 5.5yrs | US$263.09k | 0.041% € 3.6m | |
| Independent Director | 1.1yrs | no data | no data | |
| Independent Director | 7.8yrs | US$263.09k | 0.022% € 2.0m | |
| Independent Director | 1.1yrs | no data | no data |
7.8yrs
Average Tenure
60yo
Average Age
Experienced Board: MBY's board of directors are considered experienced (7.8 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/02/02 08:27 |
| End of Day Share Price | 2025/01/31 00:00 |
| Earnings | 2024/09/28 |
| Annual Earnings | 2023/12/30 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
The Middleby Corporation is covered by 24 analysts. 8 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Mircea Dobre | Baird |
| Adam Seiden | Barclays |
| Christopher Williams | BB&T Capital Markets |