Food Processing Leadership Update: Middleby Appoints Amy Campbell as Chief Financial Officer of Its Division
The The Middleby Corporation (NASDAQ: MIDD), a recognized global leader in the foodservice equipment and solutions industry, has announced the appointment of Amy Campbell as Chief Financial Officer of its Food Processing business. This role will take full effect when the division becomes an independent, publicly traded company, with the spin-off expected to be completed in the second quarter of 2026. Campbell’s appointment marks a significant milestone in the formation of the new entity’s executive leadership team and underscores Middleby’s commitment to building a strong foundation for the standalone business.
The announcement follows the earlier appointment of Mark Salman as Chief Executive Officer of the future independent Food Processing company. With Campbell now joining the leadership ranks, the core executive team is complete and positioned to guide the organization through its transition and into its next phase of growth as a separate public entity. Campbell officially joins Middleby effective immediately, allowing her to begin preparations well in advance of the spin-off.
Mark Salman expressed strong confidence in Campbell’s capabilities, highlighting her extensive background and leadership experience in financial management. He described her as a highly accomplished finance executive with deep expertise in industrial manufacturing and public company operations. According to Salman, her experience leading finance organizations through periods of significant transformation and expansion makes her ideally suited to establish and oversee the financial infrastructure required for a newly independent company. He also emphasized his enthusiasm about working alongside Campbell as the company seeks to unlock new growth opportunities and deliver long-term value.
Campbell brings with her a wealth of experience across multiple industries and organizations. Most recently, she served as Chief Financial Officer of REV Group, Inc. (NYSE: REVG), a leading manufacturer of specialty vehicles, a position she has held since April 2024. In that role, she was responsible for overseeing financial operations, guiding strategic initiatives, and supporting the company’s growth trajectory.
Prior to her tenure at REV Group, Campbell held several key leadership roles that further strengthened her financial expertise. She served as Chief Financial Officer of ASC Engineered Solutions, where she played a critical role in financial strategy and operational efficiency. She also worked as CFO for the Commercial and Industrial Division of BrandSafway, where she contributed to driving financial performance and supporting large-scale industrial projects.
One of the most significant chapters of Campbell’s career was her 23-year tenure at Caterpillar Inc., one of the world’s leading manufacturers of construction and mining equipment. During her time at Caterpillar, she held a variety of senior leadership positions, including several segment Chief Financial Officer roles. In addition, she served as Vice President of Investor Relations and Chief Audit Officer, gaining valuable experience in financial reporting, governance, and stakeholder engagement. Her long-standing experience at a global industrial powerhouse has equipped her with the skills necessary to navigate complex financial environments and drive sustainable growth.
Campbell’s expertise extends beyond traditional financial management. She has demonstrated a strong track record in leading strategic transformations, optimizing capital structures, and implementing initiatives that enhance shareholder value. These capabilities are expected to play a crucial role as the Food Processing business transitions into an independent entity, requiring robust financial systems, disciplined capital allocation, and a clear growth strategy.
In terms of professional credentials, Campbell is a Certified Public Accountant (CPA), a Certified Internal Auditor (CIA), and a Certified Six Sigma Black Belt, reflecting her commitment to operational excellence and continuous improvement. She earned her bachelor’s degree in accounting from Illinois Wesleyan University and has further enhanced her leadership skills through executive education programs. She is a graduate of the Women’s Senior Leadership Program at Northwestern University Kellogg School of Management, as well as the Digging Deep Executive Leadership program at Duke University.
Commenting on her new role, Amy Campbell expressed enthusiasm about joining the Middleby Food Processing business at such a pivotal moment. She noted that the business is uniquely positioned within the industry, supported by a portfolio of leading brands, innovative end-to-end solutions, and a strong pipeline of growth opportunities. Campbell emphasized that becoming an independent company will provide increased focus and operational flexibility, enabling the organization to accelerate its growth strategy. She also highlighted her eagerness to collaborate with Mark Salman and the broader leadership team to build a solid financial framework that supports long-term success.
The newly formed executive team for the Food Processing business combines deep industry expertise with proven leadership capabilities. In addition to Mark Salman as CEO and Amy Campbell as CFO, the team includes Mark Bowie as Chief Operating Officer, Matt Fuchsen as Chief Strategy Officer, and Rob Fagan, who will oversee Investor Relations and Financial Planning & Analysis (FP&A). Together, this group brings a diverse set of skills and a shared commitment to driving operational excellence, innovation, and value creation.
The planned spin-off of Middleby’s Food Processing division is a key component of the company’s broader strategic transformation. By separating into three focused, industry-leading businesses, Middleby aims to enhance operational efficiency, improve strategic focus, and maximize shareholder value. The Food Processing business, as an independent entity, will have greater autonomy to pursue its own capital allocation strategy, optimize its capital structure, and invest in growth initiatives, including potential acquisitions.
As the second quarter of 2026 approaches, the appointment of Amy Campbell as CFO represents a critical step in ensuring that the Food Processing business is well-prepared for its transition. With a seasoned leadership team in place and a clear strategic direction, the new company is positioned to capitalize on market opportunities and establish itself as a strong, independent player in the global food processing industry.
Source Link:https://www.businesswire.com/
