Commercial foodservice equipment manufacturer Welbilt has appointed William Johnson as president and CEO.
With over 30 years of experience in the commercial foodservice, industrial products and manufacturing, the former Chart Industries CEO will be tasked with leading the company through its next phase of growth.
Mr Johnson said: “As CEO, I will leverage the leadership and executive management experience built over my career, along with Welbilt’s portfolio of award-winning product brands, to maximise results for our customers, deliver profitable growth and create value for shareholders.
”There are tremendous opportunities to gain market share with our existing products and to bring other high-quality solutions and services to market while remaining disciplined and focused. I am excited to begin working with the Board, management team and the exceptional group of business unit leaders to fulfil Welbilt’s potential as the industry leader.”
At Chart Industries, Johnson led the company’s operational and financial turnaround, including a series of strategic acquisitions and divestitures, business segment consolidations, capital structure improvements and efficiency enhancements.
This resulted in significant top- and bottom-line financial growth and contributed to a three-fold appreciation in the company’s equity valuation during his leadership.
Cindy Egnotovich, chairperson of Welbilt’s board of directors, said: “He has led strategic M&A, driven operating and supply chain excellence, optimized capital structures, and delivered productivity and margin enhancements.
“Bill is a proven leader who brings the experience, vision and values to lead Welbilt into the future as we pursue our priorities for excellence and growth. We look forward to working with Bill as we execute on our strategic plan and write the next successful chapter for Welbilt.”
Johnson takes over from interim CEO Josef Matosevic, who is a member of Welbilt’s executive management team.
Headquartered in Florida and operating 20 manufacturing facilities throughout the Americas, Europe and Asia, Welbilt provides chefs, chain operators and growing independents with equipment and solutions.