Middleby named Brittany Cerwin chief financial officer, effective immediately, and moved Bryan Mittelman into a special adviser role as the company pushes toward the planned spin-off of its food processing business by the end of the second quarter of 2026.
Cerwin has been with Middleby since 2011 and served as chief accounting officer since 2023. She joined the company 15 years ago and has held roles including corporate controller. Middleby said she has been part of the executive team since 2023.
In announcing the move, CEO Tim Fitzgerald said Cerwin helped build Middleby’s global finance organization during a period when revenues increased threefold and earnings grew five times. He also said the company is completing its transformation into a pure-play commercial foodservice equipment leader.
Mittelman, who had served as CFO since 2019, will remain with the company as special adviser to Fitzgerald through the portfolio transformation. His focus will be the food processing spin-off and the financial setup of the new organization.
Middleby said Mittelman will work with food processing management to oversee the financial establishment of the spun-off business. As a result of these announcements, the company's shares have moved -0.21% on the market, and are now trading at a price of $148.53. If you want to know more, read the company's complete 8-K report here.
