McCormick & Company, Incorporated (MKC-V)

71.33 -0.46 (-0.63%) As of 09:30AM EDT. Market open.

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
Industry: Packaged Foods
Full-time employees: 13,800

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Lawrence E. Kurzius	Executive Chairman of the Board	4M	2.08M	1958
Mr. Brendan M. Foley	President, CEO & Director	2.81M	N/A	1966
Mr. Michael R. Smith	Executive VP & CFO	1.96M	N/A	1965
Mr. Jeffery D. Schwartz	VP, General Counsel & Corporate Secretary	1.5M	246.87k	1970
Ms. Sarah J. Piper	Chief Human Relations Officer	1.03M	N/A	1977
Ms. Faten Freiha	Vice President of Investor Relations	N/A	N/A	N/A
Ms. Lori Amos Robinson	Vice President of Corporate Communications, Corporate Branding and Culinary Marketing	N/A	N/A	N/A
Ms. Kasey A. Jenkins	Chief Growth Officer	N/A	N/A	1969
Ms. Ana Sanchez	President of Europe & Middle East and Africa (EMEA)	N/A	N/A	1976
Mr. Andrew Foust	President of Americas	N/A	N/A	1981

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 April 2024 is 10. The pillar scores are Audit: 3; Board: 10; 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.