New Port Richey, FL. – August 9, 2018 – Welbilt, Inc. (NYSE:WBT), announced today that Hubertus M. Mühlhäuser is resigning as a Director, President and CEO of Welbilt, effective August 31, 2018, to become the Chief Executive Officer and a Director of CNH Industrial N.V. (NYSE:CNHI), a $27 billion global manufacturer of capital goods comprising agricultural and construction equipment, commercial and specialty vehicles and powertrain technologies.
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