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McCormick & Company, Incorporated (MKC)

NYSE - NYSE Delayed price. Currency in USD
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68.68+0.12 (+0.18%)
At close: 04:00PM EDT
69.10 +0.42 (+0.61%)
After hours: 07:57PM EDT

McCormick & Company, Incorporated

24 Schilling Road
Suite 1
Hunt Valley, MD 21031
United States
410 771 7301
https://www.mccormickcorporation.com

Sector(s)Consumer Defensive
IndustryPackaged Foods
Full-time employees13,800

Key executives

NameTitlePayExercisedYear born
Mr. Lawrence E. KurziusExecutive Chairman of the Board4M2.08M1958
Mr. Brendan M. FoleyPresident, CEO & Director2.81MN/A1966
Mr. Michael R. SmithExecutive VP & CFO1.96MN/A1965
Mr. Jeffery D. SchwartzVP, General Counsel & Corporate Secretary1.5M246.87k1970
Ms. Sarah J. PiperChief Human Relations Officer1.03MN/A1977
Ms. Faten FreihaVice President of Investor RelationsN/AN/AN/A
Ms. Lori Amos RobinsonVice President of Corporate Communications, Corporate Branding and Culinary MarketingN/AN/AN/A
Ms. Kasey A. JenkinsChief Growth OfficerN/AN/A1969
Ms. Ana SanchezPresident of Europe & Middle East and Africa (EMEA)N/AN/A1976
Mr. Andrew FoustPresident of AmericasN/AN/A1981
Amounts are as of 31 December 2023, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

McCormick & Company, Incorporated manufactures, markets, and distributes spices, seasoning mixes, condiments, and other flavorful products to the food industry. It operates in two segments, Consumer and Flavor Solutions. The Consumer segment offers spices, herbs, and seasonings, as well as condiments and sauces, and desserts. This segment markets its products under the McCormick, French's, Frank's RedHot, Lawry's, Cholula Hot Sauce, Gourmet Garden, Club House, and OLD BAY brands in the Americas; Ducros, Schwartz, Kamis, LA Drogheria, and Vahiné brands in Europe, the Middle East, and Africa; McCormick and DaQiao brands in the Asia/Pacific; McCormick, Aeroplane, and Gourmet Garden brands in China; and the McCormick brand and other brands in Australia, as well as markets regional and ethnic brands, such as Zatarain's, Stubb's, Thai Kitchen, and Simply Asia. It also supplies its products under the private labels. This segment serves retailers comprising grocery, mass merchandise, warehouse clubs, discount and drug stores, and e-commerce retailers directly and indirectly through distributors and wholesale foodservice suppliers. The Flavor Solutions segment offers seasoning blends, spices and herbs, condiments, coating systems, and compound flavors to multinational food manufacturers and foodservice customers. It serves foodservice customers directly and indirectly through distributors. The company was founded in 1889 and is headquartered in Hunt Valley, Maryland.

Corporate governance

McCormick & Company, Incorporated’s ISS governance QualityScore as of 1 June 2024 is 10. The pillar scores are Audit: 3; Board: 9; Shareholder rights: 10; Compensation: 8.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.