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Welbilt Promotes Leonard Lam to Senior Vice President and Managing Director, Asia Pacific

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Welbilt, Inc. (NYSE:WBT) has promoted Leonard Lam to Senior Vice President and Managing Director for the Asia Pacific (APAC) region, effective immediately. With a tenure at Welbilt since 2007, Lam has extensive experience, having served in various roles including Vice President of Finance and Marketing. His leadership is expected to drive profitable growth in APAC, emphasizing marketing and operational improvements. Lam expressed enthusiasm about the opportunities in the region, which is anticipated to grow strongly in the coming years.

Positive
  • Leonard Lam's promotion is expected to enhance leadership in the APAC region.
  • Lam's diverse background in finance and marketing is poised to drive profitable growth.
  • The APAC region is projected to grow strongly in the coming years.
Negative
  • None.

Welbilt, Inc. (NYSE:WBT), announced today that Leonard Lam has been promoted to the role of Senior Vice President and Managing Director for its Asia Pacific (“APAC”) region, effective immediately. Lam joined Welbilt in 2007 with the acquisition of Fabristeel and was named Vice President of Finance, APAC in 2009. Subsequently, he was named Vice President of Marketing, APAC in 2017, where he revamped our marketing strategy and introduced new customer-focused events like the ‘Season’ conferences, Welbilt TV and the promotion of our solutions-based ‘Complete, FIT, Connected’ strategy that differentiates Welbilt from its competitors. In early 2020, he took on the added responsibility of overseeing APAC’s manufacturing operations. Lam holds a Bachelor of Arts degree in Economics from the University of Manchester and is a Fellow of the Institute of Chartered Accountants in England and Wales. He also attained NAFEM’s Certified Foodservice Professional qualification.

Leonard Lam, SVP and MD - APAC, Welbilt (Photo: Business Wire)

Leonard Lam, SVP and MD - APAC, Welbilt (Photo: Business Wire)

“Leonard brings a well-rounded background to his new role,” said Phil Dei Dolori, Global Vice President and Managing Director, EMEA and APAC. “His experience in driving improvements in APAC’s marketing, operations and finance functions make him well-suited to assume leadership for the APAC region and to work directly with customers to help them and us achieve profitable growth.”

“I am humbled to take on this new responsibility leading the very capable APAC team. I am very excited about the region's opportunities as it is poised to grow strongly in the coming years,” said Leonard Lam.

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. Our portfolio of award-winning product brands includes Cleveland™, Convotherm®, Crem®, Delfield®, Frymaster®, Garland®, Kolpak®, Lincoln®, Manitowoc® Ice, Merco®, Merrychef® and Multiplex®. These product brands are supported by three service brands: KitchenCare®, our aftermarket parts and service brand, FitKitchen®, our fully-integrated kitchen systems brand, and KitchenConnect®, our cloud-based digital platform brand. Headquartered in the Tampa Bay region of Florida and operating 19 manufacturing facilities throughout the Americas, Europe and Asia, we sell through a global network of over 5,000 distributors, dealers, buying groups and manufacturers' representatives in over 100 countries. We have approximately 4,400 employees and generated sales of $1.2 billion in 2020. For more information, visit www.welbilt.com.

FAQ

What is Leonard Lam's new role at Welbilt?

Leonard Lam has been promoted to Senior Vice President and Managing Director for the Asia Pacific region.

When did Leonard Lam's promotion at Welbilt take effect?

Leonard Lam's promotion took effect immediately following the announcement.

What experience does Leonard Lam bring to his new role at Welbilt?

Leonard Lam has experience in finance, marketing, and operations within the APAC region.

What are the growth expectations for the APAC region under Leonard Lam's leadership?

The APAC region is expected to grow strongly in the coming years.

Where can I find more information about Welbilt, Inc.?

More information can be found on Welbilt's official website at www.welbilt.com.

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