Market Overview

Manitowoc Foodservice Announces New General Counsel


Manitowoc Foodservice, Inc. (NYSE: MFS), announced today that Maurice D. Jones, Senior Vice President, General Counsel and Secretary, will be retiring on January 2, 2017. Jones, 56, elected to join Manitowoc Foodservice earlier this year as it was spun off from The Manitowoc Company, Inc., where he previously was their Senior Vice President, General Counsel and Secretary since 1999.

"I congratulate Maurice on his upcoming retirement and thank him for his strong support during our spin-off and for establishing a strong corporate governance structure during our first year as an independent company," said Hubertus Muehlhaeuser, Manitowoc Foodservice's President and CEO. "Maurice's leadership, legal expertise, and steadying influence made him an integral part of our management team."

As part of the company's succession planning process, Joel H. Horn will be promoted to Senior Vice President, General Counsel and Secretary effective January 2, 2017. Horn, 48, is currently Vice President, Associate General Counsel and Assistant Secretary of Manitowoc Foodservice. Horn joined The Manitowoc Company, Inc. in 2008 as Associate General Counsel and held that role until joining Manitowoc Foodservice during the spin-off earlier this year. Prior to Manitowoc, Horn was Senior Counsel and General Counsel for Enodis, PLC from 2004 until 2008, and was Associate General Counsel for Mitsubishi Power Systems, Inc. from 2000 through 2004. Horn holds a Bachelor degree in Political Science and Government from Stockton University in Pomona, New Jersey, and a JD law degree from New England Law in Boston, Massachusetts.

"Joel has more than twelve years of experience in the foodservice equipment industry and continuity with Manitowoc Foodservice through its prior history as Enodis, then as a division of Manitowoc," said Muehlhaeuser. "Joel's passion for our business and his collaborative efforts with our leaders around the world make him ideally suited for this new role."

About Manitowoc Foodservice, Inc.

Manitowoc Foodservice, Inc. designs, manufactures and supplies best-in-class food and beverage equipment for the global commercial foodservice market, offering customers unparalleled operator and patron insights, collaborative kitchen solutions, culinary expertise and world-class implementation support and service. Headquartered in the Tampa Bay area, Florida, and operating 19 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 $1.57 billion in 2015. Its portfolio of 23 award-winning brands includes Cleveland™, Convotherm®, Delfield®, Fabristeel™, Frymaster®, Garland®, INDUCS™, Kolpak®, Koolaire®, Lincoln®, Manitowoc® Beverage Systems, Manitowoc® Ice, Merrychef®, Multiplex®, Servend® and Welbilt®. For more information, visit

Manitowoc Foodservice, Inc.
Rich Sheffer, +1-727-853-3079
Vice President of Investor Relations and Treasurer

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