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The Middleby Corporation (MIDD) CEO Timothy FitzGerald on Q4 2020 Results - Earnings Call Transcript

Mar. 01, 2021 4:25 PM ETThe Middleby Corporation (MIDD)
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The Middleby Corporation (NASDAQ:MIDD) Q4 2020 Results Conference Call March 1, 2021 11:00 AM ET

Company Participants

Timothy FitzGerald - CEO

Bryan Mittelman - CFO

David Brewer - COO

Steve Spittle - Chief Commercial Officer

James Pool - Chief Technology & Operations Officer

Conference Call Participants

Mircea Dobre - Baird

Todd Brooks - CL King & Associates

Saree Boroditsky - Jefferies

Joel Tiss - BMO

Jeffrey Hammond - KeyBanc Capital Markets

Lawrence De Maria - William Blair

Thomas Simonitsch - JPMorgan

Walter Liptak - Seaport


Welcome to The Middleby Fourth Quarter 2020 Conference Call. We will start today's call with comments from management, then open the lines up for questions. [Operator Instructions]. With us today from management are Chief Executive Officer, Tim FitzGerald; Chief Financial Officer, Bryan Mittelman; Chief Operating Officer, David Brewer; Chief Technology and Operations Officer, James Pool; and Chief Commercial Officer, Steve Spittle. Now I'd like to turn the call over to Mr. FitzGerald for opening comments. Please go ahead.

Timothy FitzGerald

Thank you, everybody, for joining us today on our fourth quarter conference call. As we begin, please note there are slides to accompany this call on our investor page. I am very pleased to welcome James Pool and Steve Spittle on the call this morning. As recently announced, James and Steve have been appointed as officers of the company, expanding and greatly enhancing our leadership team. James and Steve each bring tremendous experience in the foodservice industry, along with a long tenure at Middleby. They have successfully been leading a number of our core brands, such as TurboChef, Pitco, Blodgett and Middleby Marshall. James and Steve have also been executing on key initiatives over the past several years that are critical to our business as we accelerate the pace of technology advancement, innovate the customer experience and differentiate Middleby in the marketplace. In addition to their officer roles, James and Steve will

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