The Middleby Corporation announced a CEO transition plan where current CEO Timothy J. FitzGerald will step down, to be succeeded by Steven P. Spittle. Mr. Spittle has been promoted to President, effective immediately, and will assume the CEO role on April 1, 2027.
Key Details
- Outgoing CEO: Timothy J. FitzGerald will transition out of his CEO position and step down from the Board of Directors, effective March 31, 2027.
- Incoming CEO: Steven P. Spittle, formerly Chief Commercial Officer, was promoted to President effective November 5, 2026, and will become CEO on April 1, 2027, at which point he will also join the board.
- Compensation: In connection with his promotions, Mr. Spittle's new annual base salary is $850,000.