Middleby names Salman CEO, Bowie COO of Food Processing business for Q2 2026 spin-off

MIDDLEBY Corp

Mark Salman, current Food Processing president, will become CEO when the business spins off in Q2 2026.
Mark Bowie named COO; brings 25+ years of manufacturing and public company experience.
Food Processing segment had $850M revenue in 2025 and achieved industry-leading adjusted EBITDA margins.
Spin-off remains on track for Q2 2026 as part of Middleby's portfolio transformation into three independent companies.

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