The saying goes that the first 100 days of a job are supposed to be make or break time, and for the new CEO of Manitowoc Foodservice, Hubertus Muehlhaeuser, it definitely seems like his experience is in the former category.
Joining the firm on 1 August 2015, he hit the ground running learning about foodservice equipment, having previously worked in the food buying sector for his entire career.
“It was not completely new to me, but I obviously had to get to know the people, our staff and our customers, what is important to them and how to respond to that,” said Muehlhaeuser
“At the same time, I had to understand what needs to be the priorities for the business, going forwards. So it was a pretty interesting first 100 days.”
He has already identified these strategic priorities, with the top one to make sure the foodservice division of Manitowoc has a successful spin-off on the stock exchange to form a new company, separate from the group’s cranes division.
“We are targeting this to happen in the first quarter of 2016,” he detailed. “Operationally that’s fairly simple, because the two are very different – they have little in common, so the spin is absolutely the right thing to do.
“But we had to create an independent support structure for the two divisions. Everybody’s roles have been identified and they are now working 100% on cranes or foodservice. What has kept us busy is identifying the management team to lead the foodservice division, and there we have made great progress.”