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Welbilt Announces Nomination of Jan Fields to Board of Directors

Welbilt, Inc. (NYSE:WBT), a leading global provider of commercial foodservice equipment, announced today that Janice L. Fields has been nominated to stand for election to its Board of Directors at its 2018 Annual Meeting of Stockholders on April 27, 2018. Fields, 62, has served as President of McDonald’s USA, LLC, a subsidiary of McDonald’s Corporation (NYSE:MCD), the world’s leading global foodservice retailer, from 2010 until her retirement in 2012. During her 35-year career at McDonald’s, Fields held numerous roles, from starting as a crew member to holding several executive positions within McDonald’s USA including U.S. Division President for the Central Division from 2003 through 2006 and Executive Vice President and Chief Operating Officer from 2006 through 2010, when she was named President. Fields currently serves on the Board of Directors of: Monsanto Corporation (NYSE:MON) since 2008, including as chair of its Sustainability and Corporate Responsibility Committee since 2015; Chico’s FAS (NYSE:CHS) since 2013, including as chair of its Governance and Nominating Committee since 2014; Buffalo Wild Wings, Inc. (Nasdaq:BWLD) from 2016 to 2018, including as its Chairperson from August 2017 to February 2018; and the Ronald McDonald House Charities Global Brand since 2012.

This press release features multimedia. View the full release here: http://www.businesswire.com/news/home/20180314005090/en/

Welbilt Director Nominee Jan Fields (Photo: Business Wire)

Welbilt Director Nominee Jan Fields (Photo: Business Wire)

“I am pleased to have Jan nominated to serve on our Board,” commented Cindy Egnotovich, Welbilt’s Chairperson of the Board. “She has vast experience as both an executive and a board member in the Quick Service Restaurant industry, a key end market of Welbilt.”

“Jan has broad operational, financial and leadership experience from her long career in the food industry, with particular expertise in marketing, strategic planning, risk management, production and human resources. I believe Jan will be an asset to Welbilt and its shareholders,” added Hubertus Muehlhaeuser, Welbilt’s President and CEO.

About Welbilt, Inc.

Welbilt, Inc. provides the world’s top chefs, premier chain operators and growing independents with industry-leading equipment and solutions. Our innovative products and solutions are powered by our deep knowledge, operator insights, and culinary expertise. We offer fully-integrated kitchen systems and our products are backed by KitchenCare® aftermarket parts and service. Headquartered in the Tampa Bay region of Florida and operating 17 manufacturing facilities throughout the Americas, Europe and Asia, the company sells through a global network of over 3,500 distributors and dealers in over 100 countries. We have approximately 5,400 employees and generated sales of $1.45 billion in 2017. Our portfolio of award-winning brands includes Cleveland™, Convotherm®, Delfield®, fitkitchenSM, Frymaster®, Garland®, Kolpak®, Lincoln™, Manitowoc® Ice, Merco®, Merrychef® and Multiplex®. For more information, visit www.welbilt.com.

Contacts:

Welbilt, Inc.
Rich Sheffer, +1-727-853-3079
Vice President Investor Relations, Risk Management and Treasurer
Richard.sheffer@welbilt.com

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