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McCormick & Company, Incorporated (MKC)

NYSE - Nasdaq Real-time price. Currency in USD
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72.87+1.67 (+2.35%)
At close: 03:59PM EDT
72.87 0.00 (0.00%)
After hours: 04:11PM 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 employees14,200

Key executives

NameTitlePayExercisedYear born
Mr. Lawrence E. KurziusChairman & CEO4.62MN/A1958
Mr. Brendan M. FoleyPres & COO2.01MN/A1966
Mr. Michael R. SmithExec. VP & CFO1.98MN/A1965
Mr. Malcolm S. SwiftChief Admin. Officer & Pres of Global Flavor Solutions1.95MN/A1960
Mr. Jeffery D. SchwartzVP, Gen. Counsel & Corp. Sec.1.5MN/A1970
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. Sarah PiperChief Human Relations OfficerN/AN/A1977
Mr. Robert P. ConradVP & TreasurerN/AN/AN/A
Mr. Randy L. CarperPres of U.S. Industrial GroupN/AN/AN/A
Amounts are as of 31 December 2021, 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, and LA Drogheria, and Vahiné brands in Europe, the Middle East, and Africa; McCormick and DaQiao brands in China; and McCormick, Aeroplane, and Gourmet Garden 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. McCormick & Company, Incorporated was founded in 1889 and is headquartered in Hunt Valley, Maryland.

Corporate governance

McCormick & Company, Incorporated’s ISS governance QualityScore as of 1 February 2023 is 10. The pillar scores are Audit: 8; Board: 8; 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.