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Industrials & Aerospace

Middleby Executive Compensation (FY25)

MIDD · Executive and director compensation, fiscal 2023 to 2025
Chief executive, fiscal 2025
◇
Timothy FitzGerald
Latest say-on-pay support
=
May 19, 2026
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Data as of October 29, 2026Latest filing (8-K): May 21, 2026
12 filings cited on this page
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214 figures on this page: 203 cited to the filing that reported them, 11 calculated from figures it prints. See the citations
What changed from fiscal 2024 to fiscal 2025
The figures that moved, and by how much. Analysis of these figures is part of the Velarion platform.
Chief executive total compensation — Timothy FitzGerald: $7,525,481 → $8,207,849 (9.1% higher)

Frequently asked questions

Answers drawn from the data on this page.
Who is Middleby's chief executive and what were they paid?
Timothy FitzGerald was paid $8,207,849 in total compensation as Chief Executive Officer for fiscal 2025. FitzGerald's total moved 9.1% higher from the $7,525,481 reported for fiscal 2024.
What was Middleby's say-on-pay result?
For fiscal 2025, shareholders backed the say-on-pay proposal with 97.7% of votes cast for or against in favor at the meeting held May 19, 2026.
Which companies are in Middleby's peer group?
The disclosed peer group includes AMETEK, Inc., Carlisle Companies Incorporated, Crane Co., Dover Corporation and Flowserve Corporation, among others.

Executive compensation

Every element reported for each named executive officer, by fiscal year.
Fiscal 2023
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Timothy FitzGerald
Chief Executive Officer
◇—◇—◇—◇◇
Steven Spittle
Chief Commercial Officer
◇—◇—◇—◇◇
James Pool III
Chief Technology and Operations Officer
◇—◇—◇—◇◇
Bryan Mittelman
Chief Financial Officer
◇—◇—◇—◇◇
Matthew Fuchsen
Chief Development Officer
◇—◇—◇—◇◇
Fiscal 2024
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Timothy FitzGerald
Chief Executive Officer
◇—◇—◇—◇◇
Steven Spittle
Chief Commercial Officer
◇—◇—◇—◇◇
James Pool III
Chief Technology and Operations Officer
◇—◇—◇—◇◇
Bryan Mittelman
Chief Financial Officer
◇—◇—◇—◇◇
Matthew Fuchsen
Chief Development Officer
◇—◇—◇—◇◇
Fiscal 2025
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Timothy FitzGerald
Chief Executive Officer
◇—◇———◇◇
Steven Spittle
Chief Commercial Officer
◇—◇———◇◇
James Pool III
Chief Technology and Operations Officer
◇—◇———◇◇
Bryan Mittelman
Chief Financial Officer
◇—◇———◇◇
Matthew Fuchsen
Chief Development Officer
◇—◇———◇◇
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. A negative change in pension value is shown but, as the company reports it, not included in the total.

Equity awards granted

Individual awards as disclosed: type, date, unit counts at each level, and grant date value.
Fiscal 2025
OfficerAwardGrant dateThreshold unitsTarget unitsUnits grantedMaximum unitsExercise priceGrant date fair value
Bryan E. MittelmanRSU◇——◇——◇
Bryan E. MittelmanPSU◇◇◇—◇—◇
James K. Pool IIIRSU◇——◇——◇
James K. Pool IIIPSU◇◇◇—◇—◇
Matthew R. FuchsenRSU◇——◇——◇
Matthew R. FuchsenPSU◇◇◇—◇—◇
Steven P. SpittleRSU◇——◇——◇
Steven P. SpittlePSU◇◇◇—◇—◇
Timothy J. FitzGeraldRSU◇——◇——◇
Timothy J. FitzGeraldPSU◇◇◇—◇—◇
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. Threshold, target and maximum apply only to performance awards and are never shown for time-based or option awards.

Outstanding awards

Awards still held at fiscal year end.
As disclosed at fiscal 2025 year end
OfficerAwardUnvested unitsMarket value of unvested unitsExercise priceExpires
Timothy FitzGeraldPSU◇◇——
PSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
Steven SpittlePSU◇◇——
PSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
James PoolPSU◇◇——
PSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
Bryan MittelmanPSU◇◇——
PSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
Matthew FuchsenPSU◇◇——
PSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Director fee schedule

The standing retainers and premiums the board pays, as published.
Board cash retainer◇
Board equity retainer◇
Total board retainer◇
Board chair premium◇
Audit committee chair◇
Audit committee member◇
Compensation committee chair◇
Compensation committee member◇
Nominating and governance chair◇
Nominating and governance member◇
Equity is delivered as restricted stock units.

Disclosed peer group

The companies this board named as its compensation comparison group. The list is disclosure; the comparison is analysis.
Fiscal 2025
  • AMETEK, Inc. AME
  • Carlisle Companies Incorporated CSL
  • Crane Co. CR
  • Dover Corporation DOV
  • Flowserve Corporation FLS
  • Fortune Brands Innovations FBIN
  • Graco Inc. GGG
  • Helen of Troy Limited HELE
  • Hubbell Incorporated HUBB
  • IDEX Corporation IEX
  • Ingersoll Rand Inc. IR
  • ITT Inc. ITT
  • John Bean Technologies Corporation JBTM
  • Lincoln Electric Holdings, Inc. LECO
  • Nordson Corporation NDSN
  • Pentair plc PNR
  • Regal Rexnord Corporation RRX
  • Resideo Technologies REZI
  • Rockwell Automation, Inc. ROK
  • Snap-on Incorporated SNA
  • The Timken Company TKR
  • Woodward, Inc. WWD
  • Xylem Inc. XYL

Say-on-pay history

Shareholder support for the compensation program, by year.
YearMeetingSupportVotes forVotes againstAbstentions
2025May 19, 2026=◇◇◇
2024May 14, 2025=◇◇◇
2023May 14, 2024=◇◇◇
2022May 16, 2023=◇◇◇
2021May 16, 2022=◇◇◇
2020May 10, 2021=◇◇◇
2019June 8, 2020=◇◇◇
2018May 29, 2019=◇◇◇
2017May 8, 2018=◇◇◇
2016May 9, 2017=◇◇◇
2015May 11, 2016=◇◇◇

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Sample answer — “What is the CEO’s total compensation?”
- Timothy FitzGerald (Chief Executive Officer), FY2025 total compensation $8,207,849 (base salary $975,000) [exec_comp, SEC accession 0001308179-26-000231, filed 2026-04-08]

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What this page does not include

Everything above is a fact Middleby disclosed, and it is free. Everything below is our analysis of those facts, and it is not.
Peer benchmarking
Where Middleby sits against its disclosed peers — percentile position by role and by pay element, and the ranking behind it. The disclosed peer group is free; comparisons across it are part of the Velarion platform.
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Written compensation analysis
A read of the pay program as designed and as paid: incentive structure, goal rigor, the alignment between the committee's stated philosophy and what the numbers show.
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Board and governance analysis
Committee composition, independence, director pay positioning, and the governance provisions read together rather than listed.
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Realizable pay
What the awards above are actually worth today against what they were valued at on grant, and what the gap says about the pay-for-performance link.
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Citations

Every figure on this page is cited to the document that reported it. Select any figure to see its citation.
214 figures on this page: 203 cited to the filing that reported them, 11 calculated from figures it prints.
203 cited to the filing
11 calculated from the filing

Documents cited

  1. 0000769520-26-000034
    CUTIVE COMPENSATION Proposal two was the approval, on an advisory basis, of the compensation of the Company’s named executive officers.
  2. 0001308179-26-000231
    Director Compensation · Executive Compensation Tables
  3. 0000769520-25-000018
    CUTIVE COMPENSATION Proposal two was the approval, on an advisory basis, of the compensation of the Company’s named executive officers.
  4. 0000769520-24-000022
  5. 0001193125-23-149475
  6. 0001193125-22-155186
  7. 0000769520-21-000012
  8. 0001104659-20-072930
    Item 5.07 Submission of Matters to a Vote of Security Holders
  9. 0001104659-19-033322
    Item 5.07 Submission of Matters to a Vote of Security Holders
  10. 0001104659-18-032177
    Item 5.07 Submission of Matters to a Vote of Security Holders
  11. 0001104659-17-031941
    Item 5.07 Submission of Matters to a Vote of Security Holders
  12. 0001104659-16-120740
    Item 5.07 Submission of Matters to a Vote of Security Holders
Cite this data
This page is free to cite. Attribution we ask for:
Velarion, “Middleby executive compensation, FY2023–FY2025.” https://intel.velarion.ai/comp/MIDD (accessed 2026).
Short form: data: Velarion

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12 filings cited on this page
Method: intel.velarion.ai/methodology
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Published by Velarion Company Intelligence
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Industrials & Aerospace rankings

Chief executive pay — Industrials & AerospaceCEO pay ratio — Industrials & AerospaceSay-on-pay support — Industrials & Aerospace

Peers Middleby discloses

The companies named in MIDD's own disclosed peer group.

AMETEK, Inc.Carlisle Companies IncorporatedCrane Co.Dover CorporationFlowserve CorporationFortune Brands InnovationsGraco Inc.Helen of Troy LimitedHubbell IncorporatedIDEX CorporationIngersoll Rand Inc.ITT Inc.John Bean Technologies CorporationLincoln Electric Holdings, Inc.Nordson CorporationPentair plcRegal Rexnord CorporationResideo TechnologiesRockwell Automation, Inc.Snap-on IncorporatedThe Timken CompanyWoodward, Inc.Xylem Inc.

Terms on this page

Say-on-Pay VoteCEO Pay RatioMedian Employee CompensationAll companies

Free to read and cite. Redistribution or bulk use of the dataset requires a data license. Talk to us about the data license.

Cite this data
APA
Velarion Company Intelligence. (2026). Velarion database: executive and board compensation data (Version 2026Q3) [Data set]. Zenodo. https://doi.org/10.5281/zenodo.22283854
BibTeX
@misc{velarionData2026,
  author = {{Velarion Company Intelligence}},
  title = {Velarion database: executive and board compensation data},
  year = {2026},
  version = {2026Q3},
  doi = {10.5281/zenodo.22283854},
  publisher = {Zenodo},
  url = {https://doi.org/10.5281/zenodo.22283854}
}
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