Richard Caron Biography and Net Worth

Richard N. Caron is Executive Vice President and Chief Innovation Officer of Welbilt, Inc. Previously, he served as Executive Vice President Global Marketing and Innovation for Manitowoc Foodservice and as Manitowoc Foodservice’s Chief Technology Officer, a position that he has held since 2005 as a former Enodis employee. Caron was instrumental in the development and success of the Education and Technology Center. He has also led a variety of new product development initiatives, which have helped distinguish the company as a technology leader in the foodservice industry. Prior to Manitowoc/Enodis, Caron served as Chief Executive Officer for the Moseley Corporation in Franklin, Massachusetts. He also served as President and Chief Executive Officer of TurboChef, Inc. in Dallas, Texas. Prior to that, Caron was Managing Director of the consumer products practice at Arthur D. Little (ADL) in Cambridge, Massachusetts. During his 19-year affiliation with ADL, Caron led many consulting assignments involving technology, strategy, and product development. Caron holds several patents in the foodservice industry, including automated frying and rapid cooking systems. Caron is a graduate of the Massachusetts Institute of Technology where he earned Master of Science and Bachelor of Science degrees in Chemical Engineering Practice.