Board AppointmentsEd Garden of Garden Investments and Julie Bowerman were appointed to Middleby’s Board of Directors, which are seen as steps to reinvigorate investor interest.
Product StrategyThe company's new product strategy is providing management with incremental confidence in the company's three-year midsingle-digit organic growth outlook.
Share RepurchaseMiddleby Corporation will accelerate its share repurchase program, expecting to deploy most of its free cash flow to share buybacks.