New Zealand markets close in 5 hours 13 minutes

McCormick & Company, Incorporated (MKC)

NYSE - Nasdaq Real-time price. Currency in USD
Add to watchlist
96.35+0.84 (+0.88%)
At close: 04:00PM EST
95.65 -0.70 (-0.73%)
After hours: 07:28PM EST

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 employees13,000

Key executives

NameTitlePayExercisedYear born
Mr. Lawrence E. KurziusChairman, Pres & CEO7.89M6.58M1958
Mr. Michael R. SmithExec. VP & CFO2.64M910.56k1965
Mr. Malcolm S. SwiftChief Admin. Officer & Pres of Global Flavor Solutions for EMEA2.26M2.72M1960
Mr. Jeffery D. SchwartzVP, Gen. Counsel & Corp. Sec.1.79M2.2M1970
Mr. Brendan F. FoleyPres of Global Consumer, Americas & Asia3.04MN/A1966
Mr. Gregory P. RepasVP, Controller & Principal Accounting OfficerN/AN/AN/A
Kasey A. JenkinsVP of Investor RelationsN/AN/AN/A
Ms. Lori Amos RobinsonVP of Corp. Communications, Corp. Branding and Culinary MarketingN/AN/AN/A
Ms. Lisa B. ManzoneSr. VP of Human RelationsN/AN/A1965
Mr. Robert P. ConradVP & TreasurerN/AN/AN/A
Amounts are as of 31 December 2020, 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. The company operates in two segments, Consumer and Flavor Solutions. The Consumer segment offers rice, spices, herbs, and seasonings, as well as desserts. This segment markets its products under the McCormick, French, Frank's RedHot, Lawry's Cholula Hot Sauce, Gourmet Garden, Club House, and OLD BAY brands in the Americas; Ducros, Schwartz, Kamis, and Drogheria & Alimentari, and Vahiné brand names in Europe, the Middle East, and Africa; McCormick and DaQiao brands in China; McCormick, Aeroplane, and Gourmet Garden brand names in Australia; and Kohinoor brand in India, 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 or wholesalers. 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 26 September 2021 is 10. The pillar scores are Audit: 8; Board: 6; Shareholder rights: 10; Compensation: 9.

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.