Global manufacturer goes internal for next CFO

NEW PORT RICHEY — Welbilt Inc., one of the largest hot and cold foodservice equipment and machine manufacturers in the world, named Haresh Shah senior vice president and CFO.

Shah, 48, who joined New Port Richey-based Welbilt in June 2016 as vice president, corporate controller and chief accounting officer, replaces John Stewart, who is retiring today. The company, formerly named Manitowoc Foodservice, searched internally and externally for CFO candidates, according to a release.

Shah was vice president and corporate controller for Syniverse Technologies from 2012 to June 2016. He's also held financial leadership roles at Amkor Technology Alcatel-Lucent S.A. and was an audit manager for PricewaterhouseCoopers.