Welbilt Appoints Brian Gamache to Board of Directors

Brings valuable hospitality industry and digital strategy experience

NEW PORT RICHEY, Fla.--()--Welbilt, Inc. (NYSE:WBT) announced today that Brian R. Gamache has been appointed to its Board of Directors, effective immediately. Gamache, 58, was the former Chairman and CEO of WMS Industries Inc., a designer, manufacturer and marketer of games for the casino and on-line gaming industries from 2001 until it was acquired by Scientific Games Corporation (Nasdaq:SGMS) in 2013. Prior to rejoining WMS, he served as President of Wyndham International’s Luxury and Resort Division where he managed the hotel organization's 31 luxury properties. Before Wyndham, he served as President and Chief Operating Officer of WHG Resorts and Casinos, Inc., a subsidiary of WMS Industries. He previously held various executive positions with Marriott Hotel Corporation and Hyatt Hotels Corporation.

“Brian brings a deep understanding of organizational development, financial and brand management as well as sales and marketing experience to our Board,” commented Cindy Egnotovich, Welbilt’s Chairperson of the Board. “Brian has vast experience in implementing digital strategies in the fast-moving gaming industry, which is a great match with our connected kitchen strategy for commercial kitchen operators.”

“Brian brings a deep understanding of the hotel and hospitality industry, a key end market of Welbilt. We are very excited to have Brian join our Board,” added Hubertus Muehlhaeuser, Welbilt’s President and CEO.

Gamache is on the Board of Directors at KapStone Paper and Packaging Corporation (NYSE:KS). He currently serves as an advisor to several private equity firms and corporations. He also is a guest lecturer at Northwestern University’s Kellogg School of Management. He graduated from the University of Florida with a degree in Business Administration, where he currently serves as a member of the Dean’s Council to the Warrington School of Business.

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 area, Florida, and operating 17 manufacturing facilities throughout the Americas, Europe and Asia, the company sells through a global network of over 3,000 distributors and dealers in over 100 countries. The company has approximately 5,500 employees and generated sales of $1.46 billion in 2016. Its 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 of Investor Relations and Treasurer
Richard.sheffer@welbilt.com

Release Summary

Welbilt appoints Brian Gamache to Board of Directors

Contacts

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