Timothy J. FitzGerald is the CEO of Middleby Corporation, a leader in foodservice equipment production. He has a strong background in finance, holding a Bachelor’s degree in Accounting from Northern Illinois University and an MBA from the University of Chicago....
Timothy J. FitzGerald is the CEO of Middleby Corporation, a leader in foodservice equipment production. He has a strong background in finance, holding a Bachelor’s degree in Accounting from Northern Illinois University and an MBA from the University of Chicago. Timothy has been with Middleby since 2003, stepping up from Chief Financial Officer to CEO in 2019 after the retirement of Selim Bassoul. He experienced favorable compensation growth, earning over $9 million in 2022, which includes a significant bonus tied to company performance metrics like EBITDA and adjusted EPS growth. Notably, during his tenure, Middleby’s CEO position has aligned closely with financial goals, motivating executives to meet critical performance targets. Also, Timothy's insider trading activities reflect a strong confidence in the company’s stock, peaking at a reported value of about $67 million in 2021. This indicates his high stakes within the company and his belief in its future. All these factors show that FitzGerald is not just running a successful business but is also deeply invested in its long-term growth and success.