GMCW™ Announces Leadership Transition

Grindmaster-Cecilware Corporation (Louisville, KY) – GMCW™ announced today a transition in their leadership team, whereby Nestor Ibrahim has been elevated to the role of Chief Executive Officer. Nestor was recruited by Michael Tinsley more than one year ago to assist him in the integration and consolidation of the business. Tinsley stated, “I have put together a solid management team, and a lot of the hard work associated with the integration of Grindmaster and Cecilware is behind us. We have a robust new product pipeline and have introduced a number of new products into the marketplace, with more to follow. In addition to recruiting Nestor, I recruited a number of senior management from within the industry. It seemed like a natural point in the evolution of the business for me to seek other challenges.” Paul Echausse, Chairman of GMCW said the following “I want to thank Mike for the terrific job that he has done over the past two years in positioning the Company for continued success. Mike recruited a terrific team, whom we have worked with for the past two years. We wish Mike well as he pursues other opportunities”.
 
Nestor is well known within the food and beverage equipment industry, with more than 25 years experience – most recently with The Middleby Corporation (NASDAQ:MIDD) as President of their Southbend and Star Manufacturing Divisions. Nestor stated, “I want to thank Mike for the great job positioning the company for growth; recruiting me to the Company and allowing for the smooth transition of leadership”.
 
GMCW is headquartered in Louisville, KY with locations Illinois and Thailand. The company is owned and managed by BNY Mezzanine Partners, L.P.
 
GMCW™ offers an unmatched selection of beverage equipment and a complementary foodservice equipment line that is the single source equipment solution for the industry. GMCW™ has a passion for product innovation, quality workmanship, and world-class customer service. This passion results in profitable solutions for customers and partnerships that ensure long-term success.

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